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The smallest gold coins ever produced by the U.S. Mint, Gold Dollars are widely cherished by collectors but have been largely overlooked by investors. As a result, they are remarkably undervalued in the current market. In near-gem Mint State 64 condition, they combine exceptional scarcity, a fascinating design, and very low prices to create an excellent investment coin.
Low prices, strong performance
Minted from 1856 to 1889, Type III $1 Indian Head gold coins were produced in relatively limited numbers and almost all were heavily used as currency or melted down during the Depression. Only 5,398 survivors are known in near-gem Mint State 64 condition (PCGS + NGC, 12/18/09). Despite their true scarcity, they are an excellent value right now.
During periods of high demand, Type III Gold Dollars in MS64 have skyrocketed in price because of their exceptional scarcity and collector interest. In 1989, during the last rare coin boom, they traded dealer-to-dealer for more than $4,250.*
Fascinating design, constant collector demand
Usually known as the Indian Large Head or Indian Princess design, Type III gold dollars were created by James B. Longacre, Chief Engraver for the U.S. Mint from 1844 until his death in 1869, on the model of his classic $3 Princess gold coin design. Historians now believe his model for both designs was a Roman marble sculpture of "Crouching Venus" on display at the Philadelphia museum, to which he added the distinctive Indian feathered headdress. The reverse depicts a wreath of tobacco, wheat, corn, and cotton. This was the last real gold dollar struck for regular issue.
Gold is enjoying its most aggressive and sustained bull market in a quarter-century. Experts are predicting gold prices as high as $1,500 to $2,000 in coming years. We urge you to take advantage of this temporary buying opportunity to increase your core position with these classic coins. When gold breaks out again, you'll be glad you did!
Key Benefits
• Only 5,398 coins survive in certified MS64. Historically, this true scarcity means superior leverage to a rising gold price. • Dealer-to-dealer high of $4,250 in 1989.* Combines very low prices and relatively low risk with excellent upside potential. • Private, liquid, and secure. As collectible coins, they are non-reportable to the IRS and exempt from governmental confiscation. And because they are in constant demand worldwide, they offer very easy liquidity.
| $1 Indian, Type III (MS64)
Minted: 1856 to 1889 (dates our choice) Content: 0.04837 oz. pure gold
Size: 15 mm, reeded edge
Weight: 1.672 grams Population: 5,398 (PCGS + NGC, 12/18/09)
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Special Pricing:
$1,290 each Updated: 09/03/2010. Basis: gold @
$1241.50
per oz.
Prices and availability subject to change without notice.
* Past performance is no guarantee of future performance.
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To order, call toll-free today: 800-613-9323
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