The value of a Liberty gold dollar coin depends on several factors, including its type, year of mintage, condition, rarity, and current market conditions.
- Liberty Head (Type One) Gold Dollar (1849-1854): These coins contain 0.04837 troy ounces of gold and their melt value is currently around $162.20. It is important to note that the melt value of the coin is the minimum value you should accept for the coin, as gold coins with historical and numismatic value often far exceed the melt value.
The value can be significantly higher than the melt value, especially for coins in excellent condition or with specific rarities. For example:
- General values for Type 1 (1849-1854) Liberty Gold Dollars:
– Circulated condition: between $210 and $435.
– Uncirculated condition: can be as high as $73,500.
– MS Type Coin: $295 – $317,000.
- Rare and valuable examples:
– 1849-C Liberty Coronet: $86,250 – $690,000.
– 1852 Liberty Coronet: $168 – $312,000.
– 1853 Liberty Coronet: $173 – $264,000.
– 1861-D Large Liberty Head: $40,011 – $175,394.
- Rarity: Coins with low mintage numbers, errors, or unique characteristics are generally more valuable.
- Condition and Grading: Coins in excellent condition (uncirculated or professionally graded at a high level) are more sought after by collectors and fetch higher prices.
- Historical Significance: Coins tied to significant historical events or with iconic designs can have increased appeal and value.
- Collector Demand: The popularity of a particular type of coin can influence its price in the market.
To determine the accurate value of your Liberty gold dollar coin, it is recommended to get a free coin appraisal online from a reputable source like [Coinfully] . You can also research the value of similar coins on platforms like [eBay] , but it is important to remember that listed prices may not reflect actual sale prices. You should filter your search to show only sold items to get a realistic idea of what your coin might be worth.
How much gold is in a $1 Liberty Gold coin?
The Type 1 $1 Gold Liberty has a diameter of 13 mm and a total weight of 1.672 grams; made of 0.900 gold, the coin is composed of 90 percent gold and 10 percent copper. It therefore contains . 04837 ounces of pure gold. This gold $1 coin was produced for six years from 1849 until 1854.
Are Liberty dollars real gold?
Unlike some other alternative currencies, both Liberty Dollars and Phoenix Dollars were denominated by weight and backed by a commodity: Liberty Dollars used gold, silver, platinum, or copper.