Tag: 1854

Gem 1854 Type Two Gold Dollar NGC MS65

Sirhc

The 1854 Type Two gold dollar is one of the two most plentiful issues of the Small Head design. The design change in 1854 accompanied a reduction in planchet thickness that allowed the Mint to make this small coin 2 mm larger in diameter. However, the thinner planchet also caused strike problems, and the Type Two design was quickly replaced in 1856 with a lower relief Liberty portrait.

Type Two gold dollars in Gem condition are scarce and highly sought-after.

The NGC population is 23 with 14 graded higher.

Listed at $20,700 in the CDN CPG and $25,000 in the PCGS price guide.

Offered at $21,100

1854-S Liberty Double Eagle PCGS AU50

Sirhc

The San Francisco Mint began coinage operations in 1854, occupying the same building that previously housed the U.S. Assay Office of Gold, which produced the iconic $50 octagonal “slugs” of the Gold Rush period. Coinage during the first several months though was stunted due to a lack of parting acids needed for ore refinement. The double eagle mintage at San Francisco of 1854 was only 141,468 pieces, which would prove to be the lowest total coinage of this denomination at the West Coast branch mint. Surviving examples of the 1854-S double eagle are scarce in high AU grades and borderline rare in attractive Mint State condition. 

Listed at $15,000 in the CDN CPG and $17,500 in the PCGS price guide.

Offered at $15,150

Only 2 Graded Higher – 1854 Arrows Seated Liberty Quarter NGC PR65

dyann

All 1854 Seated Liberty quarters show arrows at the date to signify a weight change in the denomination that was instituted the year before. The 1853-dated quarters also displayed a glory of rays on the reverse, but that feature was eliminated in 1854 because of striking problems and die breakage. The Arrows design was continued in 1855, then eliminated, creating an extremely popular two-year subtype.

Accounts of the precise rarity of the 1854 Arrows quarter proof issue vary to a certain extent, but all agree that it is very rare at a minimum, with no more than 12 to 15 known (according to David Akers, writing for the Pittman catalog in 1998) or around 10 (according to Walter Breen). PCGS CoinFacts estimates 10 to 15 pieces known.

The NGC population is only 2 with 2 graded higher.

Listed at $21,600 in the CDN CPG and $25,000 in the NGC price guide.

Offered at $21,900

One of the Finest – 1854 Arrows Seated Liberty Quarter NGC PR65

Sirhc

This is the first of a brief two-year design type, and it is an important rarity in Proof format. Although the rarity has sometimes been overstated in the past, there are relatively few Proofs known. Estimates range from just 10 pieces (Walter Breen) to 12 to 15 coins (David Akers). The PCGS estimate is 10 to 15 surviving examples, which has remained unchanged for at least 15 years. These estimates further suggest that the certified population (33 coins at PCGS and NGC combined) is greatly inflated by resubmissions and crossovers. The NGC population is only 2 with 1 graded higher.

Listed at $30,500 in the NGC price guide.

Offered at $22,960

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1854-O Three Dollar Gold Piece NGC MS61

Sirhc

Very Rare Unc. O-mint

While 1854-D is a great rarity, more than a thousand 1854-O examples remain from the mintage of 24,000 pieces, typically in XF to AU grades. Mint State representatives are surprisingly rare, given the tendency of the public to set aside new designs and denominations during the introductory year of issue. In hand, this one is more of a yellow-gold than orange-gold color and much more lustrous than seen in our images. The NGC population is just 10 with 7 higher.

Offered at $39,375 delivered

We do business the old fashioned way, we speak with you. Give us a call for price indications and to lock trades.

(800) 257.3253
9:00 AM – 5:00 PM CST M-F
Private, Portable, Divisible Wealth Storage

Price is based on payment via ACH, Bank Wire Transfer or Personal Check.
Major Credit Cards Accepted, add 3.5%
Offer subject to availability.