$1 Gold Coins

Throughout the history of the United States, $1 gold coins have been an important part of the monetary system. In the early days, gold coins were a part of the everyday currency, thanks to the country’s adherence to the gold standard. Since then, the country has moved away from the gold standard, but the importance of $1 gold coins continue on as a part of the country’s investment bullion.

$1 gold coins first appeared in the US in 1849 with the Liberty Head dollars. These coins were unique in that they had pressed images on the back and incised images on the front. For rare coin collectors, the incised image makes finding high quality coins difficult because there was no protective rim to prevent against wear. Because of the government confiscations of gold in the late 1800s and then in 1933, these coins are rare and very valuable.

Several other series of other coins followed, with the final ones being minted in 1889. Absent for over 100 years, the $1 gold coins returned in 2007 with the First Spouse Gold Coin series. Created to honor the spouses of past presidents, these coins offer collectors and investors another wonderful series of coins to add to their portfolios.

Found in both bullion and rare collector’s coins, the $1 gold coins have been an important part of the numismatic history of the United States. Whether investing in bulk gold or certified rare coins, the $1 gold coins are an important part of the holdings of many investors, and likely will continue to be for many years to come.

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Kevin Johnson

Senior Staff Writer - GoldCoin.net