Gold Type 2 Indian Head $1

I was curious what you guys thought the details grade of this coin would be. It's an 1854 $1 Gold Type 2. I know it is damaged, it's scratched up on the obverse and a little on the reverse and is thus ungradable...but I'm not great at grading these. What do you think the details grade of this coin is?

​

 

Log in or Sign up to hide this ad.

Looks like a borderline EF, net VF

 

It looks to me as if it has AU details.

Here is an NGC AU50 to compare it to:

 

Are you certain it's authentic? This series is one of the most heavily counterfeited gold series.

 

I agree with Mark though on details grade. I also have an ngc AU-50(that I think is a bit overgraded, but whatever). Here's mine for comparison.

 

When I first saw the coin I said EF, then I thought about it for a bit, then came back to the thread.
I'd give it a EF45 details, the leaves on the AU50's have less wear
Nice coin

 

I think I see the typically found clashed dies on it, and I have yet to see a counterfeit with that feature. I can't guarantee that there aren't any, only that I haven't seen one. If you see a gold coin with copper spots/stains and or clashed dies, chances are excellent that it is genuine.

 

Let's see an XF 45 with the detail of the coin at the top of this thread, please? If you show us one, I'll find two more that are graded AU.

 

T$ goes off to heritage and ebay's completed listings...
If I find one, I will be back
If not... Well, you were right and I was wrong

 

You might find a few, though I hope you wont spend too much time looking. But my pont is that even if you do, I believe that there will be more (with that amount of detail) that are graded AU.

Edited to add:

More important than right and wrong is the exchange of information and learning, and that applies when I am wrong too.

 

http://coins.ha.com/common/view_item.php?Sale_No=29061&Lot_No=20793


This one is awfully close to the coin we are comparing to.
Only thing I see lack of detail in comparison to the original coin, is the headdress, other than that, this comes very close

 

Out of the 5 I just looked at, compared to AU's, yes the original coin does look closer to AU

And that EF40 that I posted link to, has the best details of an EF I saw... Looks better than some of the EF45's by NGC and PCGS, IMO

 

But the grading label says AU deatils (not XF).

 

Urggg, you got me.
I overlooked that...
But hey, can't blame me for trying

 

Good point. Where are you seeing clashed dies on the OP coin? I see something kind of going on in the field in front of liberty, but I'm unsure.

 

This is one particular series even I think the TPGs overgrade. That said, I'd TPG details-grade the coin AU (to me, that's an XF coin), and net it down quite a bit for the cleaning/damage. Regardless, it is still a cool coin and an example of a tough type coin & thank you for sharing...Mike

 

I think in front of Liberty's face and inside the wreath above the word DOLLAR?

 

I have a question along a different line.

The Type II G$1 began in 1854 - same year as the $3 gold. Both designs feature an Indian princess. The designs are similar but different. One year later, the Type III G$1 design came out with an Indian princess identical to the $3.

Why was it different in 1854 ?

Anybody know the history of this ?

 

The only thing I know is that they changed the size of the princess head on the 1855 due to the tendency of the coin with the smaller head to easily become bent. The larger device made the coin more robust overall. At least this is what I have read.

I'm not sure why they originally used the smaller head.