The 1855-C Gold Dollar holds a special place in numismatic history as one of the most intriguing and challenging coins to collect. Struck at the Charlotte Mint in North Carolina, this coin is notable for its unique design modifications, low mintage, and striking issues that make it a prized possession for collectors. Despite being a small coin, the 1855-C Gold Dollar presents a big mystery and rarity factor in U.S. numismatics.
A Rare Issue from the Charlotte Mint
The Charlotte Mint, which primarily produced gold coins from locally mined gold, struck the 1855-C Gold Dollar as part of the Type II Indian Princess Head series (1854–1856). This series featured an updated design by James B. Longacre, introducing a larger, more detailed portrait and a small head with an enlarged diameter. The 1855-C issue is the only Type II Gold Dollar struck at the Charlotte Mint, further increasing its desirability.
With a mintage of only 9,803 coins, the 1855-C Gold Dollar is among the rarest Charlotte-minted gold coins. Many were lost to circulation, and surviving examples are often found in poor condition due to weak strikes and improper handling.
Challenges in Strike and Quality
One of the most notable aspects of the 1855-C Gold Dollar is its striking issues. The dies used at the Charlotte Mint were often worn or misaligned, leading to coins with weak details and an uneven appearance.
Some of the common problems seen in this coin include:
- Weak strikes on the hair and wreath
- Flattened details due to die wear
- Poor planchet quality leading to surface imperfections
Because of these striking issues, finding a well-preserved 1855-C Gold Dollar is extremely difficult. High-grade examples are virtually nonexistent, making even moderately well-struck pieces valuable.
Collectibility and Market Value
Due to its low mintage and condition challenges, the 1855-C Gold Dollar is a highly sought-after rarity in the coin-collecting community. Most surviving specimens are in Very Fine (VF) to Extremely Fine (EF) condition, with Mint State (MS) examples being incredibly scarce.
The coin’s value depends on its condition, with worn examples fetching several thousand dollars, while higher-grade pieces can sell for tens of thousands at auction.
Conclusion
The 1855-C Gold Dollar is a fascinating and rare coin that continues to captivate collectors. As the only Type II Gold Dollar from the Charlotte Mint, it stands out as a numismatic treasure. Its low survival rate, weak strike issues, and historical significance make it one of the most challenging and rewarding coins to collect.
FAQs
Why is the 1855-C Gold Dollar so rare?
With a low mintage of 9,803 coins and many lost to circulation, surviving examples are scarce, especially in high grades.
What makes the 1855-C Gold Dollar unique?
It is the only Type II Gold Dollar struck at the Charlotte Mint, making it a key date for collectors.
How much is an 1855-C Gold Dollar worth?
Values vary based on condition, but even low-grade examples can sell for several thousand dollars, while higher-grade coins command premium prices at auctions.