1851 United States Of America 1 Dollar Coin
The 1851 United States of America 1 dollar coin is a highly sought after coin among collectors and numismatists. This coin is also known as the Liberty Head dollar or the Type 1 dollar. It was designed by James B. Longacre, who was also the designer of the Indian Head cent and the two-cent piece. The coin was minted from 1849 to 1854 and then again from 1856 to 1865.
The Design
The obverse of the coin features a left-facing portrait of Lady Liberty, with the word "Liberty" inscribed above her head. The reverse of the coin features an eagle with outstretched wings, holding an olive branch and arrows in its talons. The words "United States of America" and "One Dollar" are inscribed around the eagle.
The coin was minted in Philadelphia, New Orleans, and San Francisco. The Philadelphia and San Francisco mints produced coins with the same design, while the New Orleans mint produced coins with a slightly modified design. The New Orleans coins feature a small "O" mint mark below the eagle on the reverse side of the coin.
The Rarity
The 1851 United States of America 1 dollar coin is considered a rare coin, especially in high grades. The coin was only minted for a few years and was also subject to heavy circulation, which makes it even rarer. The New Orleans minted coins are considered the rarest of the 1851 coins, especially those in high grades.
The Value
The value of the 1851 United States of America 1 dollar coin depends on a number of factors, including its condition, rarity, and historical significance. High grade coins can sell for thousands of dollars, while lower grade coins may sell for a few hundred dollars. The New Orleans minted coins are generally more valuable than those minted in Philadelphia or San Francisco.
The Historical Significance
The 1851 United States of America 1 dollar coin is historically significant for a number of reasons. It was minted during a time of great expansion in the United States, as the country was rapidly growing and moving westward. The coin was also minted during a time of political and social change, as the country was grappling with issues like slavery and the rights of women and minorities.
Overall, the 1851 United States of America 1 dollar coin is a valuable and historic piece of American numismatic history. Its rarity, beauty, and historical significance make it a must-have for any serious collector or numismatist.