Additional Information and Historical Significance:
The Type III Gold Liberty Head Dollar (also known as the “Indian Head” or “Big Head”) was the third and final variation of the original James B. Longacre design. Introduced in 1856 to replace the Type II, or “Indian Princess Head” variety, the Type III Gold Dollar was minted until 1889. The Type III Gold Dollar was the same diameter, 15 mm, as the Type II, making it one of the smallest coins ever struck by the U. S. Mint. The purchasing power of a Gold Dollar in the 1800s would be equivalent to about $12-$18 today.
Throughout its 48-year mintage, the Gold Liberty Head Dollar was redesigned twice, after the initial 1841 release. The Type III Gold Liberty Head Dollar was the final Gold Dollar design minted by the U.S. Mint and is often referred to as the “Big Head” Dollar after Miss Liberty’s head was enlarged on the obverse from the previous to two designs. The Type III Gold Dollar is highly sought, largely due to its age (over 100 years old).
The Gold Liberty Head Dollar (Type III) continues to be in high demand by investors and collectors throughout the world. Many investors select certified Pre-1933 U.S. Gold coins over modern gold bullion due to the historical significance and collectability of the coins. Historically, certified pre-1933 U.S. Gold coins retain their value better when the spot price of gold falls and appreciates in value when the spot price of gold rises. Certified Pre-1933 U.S. Gold coins are a great way to invest in the gold market and the collectibles market, with a single product. p>
The obverse of the Type I Gold Liberty Head Dollar bears a left-facing, crowned image of Miss Liberty, surrounded by thirteen stars (signifying the thirteen original colonies). The reverse depicts a wreath encircling the denomination and date.
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