$1 Indian Princess coins were created in 1854 by James B. Longacre. They coincided with the $3 Indian Princess coins, also created by Longacre, who was more widely known for his Indian cent design. The Type 3 Indian Princess dollar features the Liberty figure, although with a larger head than the Type 1 or 2 dollars.
After the initial disappointment with the Type Two Gold Dollars, it became apparent that further adjustments to the designs were necessary. To improve the striking quality of the coins, Liberty’s head was enlarged, her hair was styled differently, and the position of her headdress was shifted to a more horizontal angle.
These modifications aimed to reduce areas where recessed parts of the dies clashed, enabling a smoother flow of metal and resulting in perfectly struck coins. Overall, these changes proved successful, although some branch mints, particularly Dahlonega, struggled with maintaining quality control and produced coins with less-than-ideal striking qualities.
The $1 Indian Princess Head gold coin type 3 is the most common of the one dollar gold coins. They were produced by the United States Mint from 1856 to 1889. The majority of the coins were minted in Philadelphia; however, the coins were also minted in San Francisco, Charlotte, and Dahlonega. The rarest of the $1 Indian Princess Head type three gold coin is the 1861-D with a mintage of 1250 coins. The coins were struck under the auspices of Georgia and the Confederate States of America after the Dahlonega Mint have been sized by Rebel troops.
The one dollar gold coin is 90% gold alloyed with 10% copper. It has .0483 ounces of gold. The diameter of the coin is 15 mm and the thickness is .7 mm. The coin on the front has a larger Indian princess head compared with the type 2 one dollar Indian princess head gold coin. The back has a wreath around the 1 dollar mark and the year of the coin.
What We Buy
California Gold & Silver Exchange will gladly buy your Indian Princess coins, and will pay you cash, or check, on the spot. We are so confident in our buy price, that we recommend you call a few places. You will see that we are the most competitive gold coin buyers in the area. We can pay such a great price because we also sell the coins at our retail location. Most gold buyers purchase from the public and sell the coins to wholesalers. If they do not sell to the public, they are likely not the highest-paid buyers. We have had many people drive over an hour or more, to sell their gold coins. It is worth it for them to drive because of our competitive pricing, especially if they have a large quantity. Please don’t hesitate to give us a call with any questions you have. You can call us at 909-985-4653, or send us an email at [email protected]