Description

1€ asking price for PM purpose only
The price is €1230
The value of the coins is determined by their condition, rarity, and the current gold price, which is based on the spot price as of February 9, 2026.

US 1$ gold coin 1856 (slanted 5) excellent condition
Gold Dollar Type 3, Indian Princess, Large Head 1856-1889.

DESIGNER: James Barton Longacre

EDGE: Reeded

DIAMETER: 14.30 millimeters

WEIGHT: 1.70 grams

MINTAGE: 1,762,936

MINT: Philadelphia

METAL: 90% Gold, 10% Copper

AUCTION RECORD: $43,200 • MS68+ • 01-24-2021 • Heritage Auctions

A gold dollar coin had been proposed several times in the 1830s and 1840s, but was not initially adopted. Congress was finally galvanized into action by the increased supply of bullion caused by the California gold rush, and in 1849 authorized a gold dollar. In its early years, silver coins were being hoarded or exported, and the gold dollar found a ready place in commerce. Silver again circulated after Congress in 1853 required that new coins of that metal be made lighter, and the gold dollar became a rarity in commerce even before federal coins vanished from circulation because of the economic disruption caused by the American Civil War.

Gold did not again circulate in most of the nation until 1879; once it did, the gold dollar did not regain its place. In its final years, it was struck in small numbers, causing speculation by hoarders. It was also in demand to be mounted in jewelry. The regular issue gold dollar was last struck in 1889; the following year, Congress ended the series.