Compare the best online dealer prices when shopping for $1 Liberty Head Gold Coin (ex-Jewelry) coins.
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This gold coin contains 0.048 troy ounces of bullion. Based on the metal content and weight, the intrinsic melt value of one $1 Liberty Head Gold Coin (ex-Jewelry) is $98.81 based on today's gold spot price.
The California gold rush that began in 1849 increased the supply of gold bullion in the country dramatically. Congress responded by created the gold dollar.
The Liberty Head $1 gold coin was minted for circulation between 1849 and 1889. Only limited numbers were minted during the years of the Civil War.
The obverse design features a left facing portrait of Liberty with a coronet or crown on her head that bears the word LIBERTY. Surrounding the portrait is an array of 13 stars, representing each of the original colonies.
The reverse features a wreath surrounding the denomination and year of minting. These coins were minted with an alloy composed of 90% gold just like larger gold coins of the era.
Pre-1933 gold coins carry historical significance and reflect a time when gold coins were a common form of currency. Pre-1933 gold coins are not only valued for their gold content but also for their numismatic worth. Their rarity, condition, and historical context contribute to their collectible value, which can appreciate independently of the gold market.
During the confiscation in 1933, many people saved gold coins by drilling holes or adding elements to covert into jewelry. Jewelry made from pre-1933 gold coins can spark conversations and serve as a way to educate others about the historical and numismatic value of these coins.
Pre-1933 US Mint gold coins are recognizable and respected globally. These coins have survived economic upheavals, wars, and changes in monetary policy and continue to retain their value. They are part of numismatic history and can be easily bought, sold, and traded around the world.
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