1851 G$1

Description

1851 Gold Dollar, Type 1, Philadelphia Mint. The Gold Dollar was introduced in 1849 to facilitate commerce during the California Gold Rush, providing everyday Americans with a portable alternative to larger denominations. Designed by Chief Engraver James Barton Longacre, Type 1 Gold Dollars (1849-1854) feature Liberty's portrait on the obverse and a wreath with denomination on the reverse. The 1851 Philadelphia issue represents one of the most accessible dates in the series, with a substantial mintage of 3,317,671 pieces—the second-highest of the type. This example is graded PCGS MS64, a respectable Mint State grade reflecting the challenges of finding well-preserved examples from this productive issue. According to PCGS population data, this grade sits above the most frequently encountered MS62 and MS63 specimens, placing it solidly in the upper tier of survivors. Of the 400 total coins graded by PCGS for this date, only 200 examples grade higher, making MS64 a competitive and desirable level for the discerning collector. The coin exhibits the characteristic features typical of well-preserved Type 1 Gold Dollars. The technical specifications confirm standard specifications: 90% gold composition, 1.7 grams, 12.7mm diameter, and reeded edge. Many condition census examples display minor die characteristics such as die lapping on the reverse, which is consistent with the high production demands of the era. PCGS Certification #3545772