How difficult are Type 1 Gold Dollars?

KevinGlo

I've always wanted to start a complete set of these. Maybe AU and Mint-state, lower for the rarest of years. How hard and expensive would this be? I know certain dates will be impossible to get... but I'm willing to have holes in the set.

MrEureka

It's a great multiyear project if you limit yourself to perfect - even if circ - original uncleaned coins. Otherwise, it's a piece of cake and probably not a good idea.

KevinGlo

I am willing to spend a lot of time on this. I am also a perfectionist.... I'll wait until I find the most beautiful and highest grade coin I can afford.

KlectorKid

Well the D and C mint type 1's are all over 2,000 some over 3,000 in low MS and there are 11 of them so with those u r already at far over $22,000 with 11 coins. Then with I think 11 others that range from 200-1,000+ thats far over 2,200. Total: 24,200 and thats if u take the lowest price and use itfor all. (2,00o x 11+200x11)

njcoincrank

Try and find a true gem 1850. Virtually impossible.

You might also want to get a copy of PCGS's article on the 1849s. It really does a great job of talking about the die varieties. Outstanding.

njcoincrank

RYK

Perhaps a reflection of my numismatic (among other) immaturity, those microcoins just do not do it for me. It would take me more time and patience than I could muster to learn about them and appreciate them. Kudos for embarking on an interesting early gold coin series.

branchmintgold

Philly issues are easy except for 1850 which is undervalued in high grades. New Orleans issues are mostly easy except for the 1850-O which is very rare above Mint State-62. Charlotte issues are impossible if you include the 49-C Open Wreath (only four known) or very hard if you delete this variety and go after the regular issues. Dahlonega issues range from somewhat scarce (1849-D) to rare (1854-D). The C+D mint coins are especially tough if you seek original, well-produced coins.
I have assembled around ten to tweleve complete sets (not including the Open Wreath) and can honestly tell you this is a challenging and very interesting project this is worth investigation.

Doug Winter
www.raregoldcoins.com

merz2

I have an 1854 AU58 Type 1 Gold dollar,PCGS certified.If your interested PM me.

MrKelso

Not difficult at all and a joy to own.

MrEureka

Looks great! The above coin is proof that size matters.

ms71

If you really hold out for quality, it'll be a great chase. The prices, while far from cheap, are very reasonable relative to rarity because of the market's disdain for tiny coins. So much the better for those of us who appreciate them.



Edited for spelling.

Johnscoin

You might want to check out the Aker's book from the ANA if you are a member. It's a great reference for the gold dollars. If you're not a member, I'm sure you can purchase it from somewhere or use interlibrary loan to pick up a copy. Goodluck!

Dabigkahuna

A fun set for sure.

The bracnch mints, even the "O" mint coins all seem to trade for a premium but they won't bankcrupt you either. I happen to like the type 1's because they're so small.

PCGS has been brutal on anything I have cracked out though and you will find that a lot of these coins that are sold raw were used for jewlery or have been cleaned at one time.

Larry
Dabigkahuna

sinin1

There is only about $20 bullion value in $1 gold pieces.

There are many many die struck copies of small gold out there.