5043

[L#5043] 1854-D G$1 PCGS AU55

Currency:USD Category:Coins & Paper Money / US Coins Start Price:1,250.00 USD Estimated At:5,000.00 - 7,000.00 USD
[L#5043] 1854-D G$1 PCGS AU55
The very rare Dahlonega Mint issue featuring luster in and around the main devices, with normal weak centers.

The finest examples are PCGS MS62 of this normally well worn issue from an original mintage of 2,935 pieces, a typical low total for this Southern Branch mint. At the time President Jackson was hounding the Second Bank of the United States into disestablishment, he authorized three branch mints in the South: New Orleans, LA, Dahlonega, GA, and Charlotte, NC. The latter two would produce only gold coinage for local distribution. The Dahlonega Mint struck gold dollars beginning in 1849. The first style which ran until 1854 was small in diameter and featured this petite bust of Liberty wearing a coronet. The size of the gold dollar was increased in 1854, and Liberty's coronet was replaced by a feathered headdress. Slightly modified for better striking quality in 1856, a third type was minted through the end of production at Dahlonega in 1861. All three types featured a wreath on their reverses and were the work of U. S. Mint Chief Engraver James B. Longacre (1844-69). The 'D' mintmark appears below the bow of the wreath.