1868 Large Princess Head Gold $1 Coin Low Mintage Type 3

1868 Large Princess Head Gold $1 Coin, Low Mintage, USA

Features:

• Edge: Reeded
• Diameter: 15.0 mm
• Weight: 1.672 gr
• Mintage: 10,525
• Composition: Gold 0.900
• Minted: Philadelphia Mint
• Designer: James Barton Longacre
• Krause number: 86

Mintage:

With an approximate mintage of only 10,525, this coin is relatively rare compared to other 19th century U.S. coins but still intriguing due to its age and the historical context surrounding its production.

Composition:

The coin’s composition of 90% gold adds intrinsic value and allure, making it especially appealing in the eyes of both collectors and investors.

Historical Significance:

Minted during a dynamic period of American history following the Civil War, this coin benefits from enhanced collector interest due to its rich historical ties and the era it represents.

Design:

The distinctive Large Indian Head design contributes to the coin’s desirability, embodying a period-specific artistic representation that resonates with collectors.

The Large Princess Head design was introduced as part of the Type 3 Gold Dollar coins, which are generally larger in size compared to the earlier Type 1 and Type 2 designs. This design was created by James Barton Longacre, the Chief Engraver of the U.S. Mint at the time.

Obverse:

The coin features a proud representation of a Native American profile, adorned with a traditional headdress, symbolizing the rich heritage and history of America’s indigenous peoples.

Reverse:

Encircled by a wreath that signifies honor and longevity, the coin’s design elegantly frames the denomination and year of minting, marking its place in the annals of currency.

Key Events in 1868:

• Impeachment of President Andrew Johnson: In 1868, Andrew Johnson became the first U.S. president to be impeached by the House of Representatives, although he was later acquitted by the Senate. This was a significant event in U.S. political history and highlights the turbulent post-Civil War period, a time of great social and political reconstruction in the U.S.

• Completion of the Fourteenth Amendment: The 14th Amendment to the U.S. Constitution was ratified in July 1868, granting citizenship to all persons born or naturalized in the United States, including formerly enslaved individuals. This amendment was a key piece of legislation during Reconstruction and laid the foundation for civil rights in America.

• End of the Meiji Restoration: On a global scale, 1868 was the year of the Meiji Restoration in Japan, where power was restored to the emperor, leading to Japan’s rapid modernization and emergence as a global power in the following decades. While this is unrelated to U.S. coins, it is a key historical event during the time period.

• Ulysses S. Grant Elected as President: In November 1868, Ulysses S. Grant was elected the 18th president of the United States. Grant’s presidency marked the continuation of Reconstruction efforts, further shaping post-Civil War America.

General Condition:

This 1868 Large Indian Head Gold $1 coin presents moderate wear and some visible imperfections, typical for its age. The obverse side shows noticeable wear on the high points of the Native American headdress, with light surface scratches around the cheek and forehead areas.

There are a few small nicks near the rim. The reverse features mild to moderate wear, particularly around the wreath, with a few scratches that are visible upon close inspection. The edge of the coin remains well-defined with the reeded design intact, though there are slight surface marks.

Overall, the coin has retained its gold luster but does show signs of circulation with nicks and small scratches present on both sides. Please review the detailed photos for a close look at the coin’s condition.

✈️ In terms of logistics, we offer a variety of options:

The Coin can be picked up from our physical store in Gibraltar or shipped to your destination.

If shipped out, it will be sent tracked and signed for via Royal Mail. We will dispatch in 3 working days or less and provide a tracking number.

There are sometimes general delays during the shipping process. This is out of our control, so if you are looking for a guaranteed speedy delivery, this listing might be for somebody else; rest assured, we want all packages delivered as quickly as possible and do everything in our power to do so.

If you need additional photos or have any further questions, please message me.