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Smallest US Gold Coin: The Type 1 Gold Dollar Explained

squirrelz by squirrelz
18/08/2025
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The smallest US gold coin ever minted for circulation was the Type 1 Gold Dollar , minted from 1849 to 1854. It had a diameter of just 12.7 mm, smaller than a modern dime, and weighed 1.672 grams. It was made of 90% gold and 10% copper.

While there were also privately struck gold coins during the California Gold Rush that were smaller in denomination, the Type 1 Gold Dollar holds the distinction as the smallest standard-issue gold coin in US history.

However, its small size was a drawback, leading to its redesign into Type 2 and Type 3 Gold Dollars, which were slightly larger (15 mm). The $3 gold coin, minted from 1853 to 1889, was also a small denomination and was introduced primarily for purchasing postage stamps. In modern times, the smallest fractional-ounce gold coin commonly available in the US market is the 1/10 oz gold coin, such as the American Gold Eagle.

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squirrelz

squirrelz

Seasoned cryptocurrency analyst and expert with 10 years of extensive experience in blockchain technology, digital assets, trading strategies, and market analysis for informed investment decisions

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Comments 4

  1. Dr. Jessica Harris says:
    1 month ago

    What is the smallest pure gold coin?

    Reply
    • Anthony R. Robinson says:
      1 month ago

      The smallest fractional-ounce gold coin you will find in the precious metals market is the 1/10 oz gold coin.

      Reply
  2. Robert Garcia Sr. says:
    1 month ago

    Can you buy 1/4 ounces of gold?

    Reply
    • Prof. Patricia Fisher says:
      1 month ago

      Great question! When you shop for gold bullion coins, you’ll notice that most collections are anchored by four gold weight options. These range from 1 oz gold to 1/10 oz gold, with 1/2 oz, 1/4 oz, and 1/10 oz gold being the most common fractional-ounce coins in the vast majority of collections.

      Reply

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