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Liberty Head Dollar coin (Type 1 Gold dollar): 1849-1854

The gold dollar coin (Type 1 Gold dollar) or also known as Liberty Head Dollar, made its debut in 1849 and continued to be produced until 1854. Initially, US Mint has no interest of producing gold coin but 2 gold rushes that took place during that time had enticed US Mint into using gold in the country’s currency. Liberty Head Dollar started its circulation right after it was authorized by [...]