1854-56 Type 2 Indian Princess Head US Gold Dollars Explained

1854-56 "Type 2" Gold Dollars

- Feature a beautiful Indian Princess Head

These coins feature: 90% Gold (.04837oz) and 10% Copper
Gold dollar coins have always been collected by numismatists over the years for their beauty, gold content and overall value. The earliest United States gold dollar coins are often categorized as Type 1, Type 2 or Type 3.

Type 1: 1849 - 1854 - Features a Liberty Head
Type 2: 1854 - 1856 - Features a small Indian Princess Head
Type 3: 1856 - 1889 - Features a large Indian Princess Head

A design change in 1854 proved difficult for the United States Mint to strike these newly designed gold coins well enough for them to achieve top grades today. This has lead to very few mint-state examples in circulation over the years, and makes Type 2 gold dollars some of the most valuable.

- 1854
Mintage: 783,943
> 1854 Gold Dollars For Sale

- 1855
Mintage: 758,269
> 1855 Gold Dollars For Sale

- 1855-C
Mintage: 9,803
> 1855c Gold Dollars For Sale

- 1855-D
Mintage: 1,811
> 1855d Gold Dollars For Sale

- 1855-O
Mintage: 55,000
> 1855o Gold Dollars For Sale

- 1856-S
Mintage: 24,600
> 1856s Gold Dollars For Sale

The most valuable of the Type 2 gold dollars are from the Dahlonega and Charlotte mint, where very few coins were actually minted. Any coin, especially in good condition, always demands a strong premium over the other coins in this type. - but are almost impossible to find. In fact, just about any 1855-D is worth over $15,000 and mint copies can sell for close to $100,000.

Condition is everything with this type of early American gold dollars! Hope you find a few of these Type 2's in your stacks that look good! Until next time - HAPPY COLLECTING!