Service: NGC | Rating: MS 63
With a mintage of nearly one million coins, the 1854 Type 1 gold dollar must be considered common and a good candidate as a type coin for the issue. More than 2,000 coins have been graded in Mint State by two of the three major grading services. Superb gems of the 1854 Type 1, however, are scarcer than those of 1851, 1852, and 1853. None have been graded above MS-67. It is interesting to note that twice as many of the more valuable 1854 Type 2 gold dollars as the 1854 Type 1 gold dollars have been certified. This is because of the high value of the Type 2 in all grades. Many of this issue are found with heavy die clashing. Only one gold dollar was reported to have been in the S.S. Central America hoard. It was an 1854.
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