The 1854 Small Indian Head Gold Dollar, also known as the Type 2 Indian Princess Gold Dollar, is a significant coin in American numismatics.
. It was minted during a time of transition in U.S. coinage design, featuring a new and refined depiction of Liberty.
Designed by James B. Longacre, the obverse of the coin features a portrait of Liberty wearing a feathered headdress, which gave rise to the "Indian Head" moniker.
On the reverse, you'll find a wreath encircling the denomination "1 DOLLAR" and the inscription "UNITED STATES OF AMERICA.
Unlike its predecessor, the Type 1 Indian Princess Gold Dollar, the Type 2 version features a smaller Indian head and a larger wreath on the reverse.
The 1854 Small Indian Head Gold Dollar holds historical significance as it represents a departure from earlier designs and a shift towards more intricate and artistic coinage. Its small size and unique design make it a favorite among collectors.
As with all coins, its value is influenced by factors such as its condition, rarity, and demand among collectors.
Owning a coin like the 1854 Small Indian Head Gold Dollar allows collectors to possess a piece of American numismatic history and appreciate the artistry and craftsmanship of these coins. Each coin serves as a tangible link to the economic and cultural landscape of the mid-19th century in the United States.