It was the year 1835. Large quantities of gold were being shipped overland to the East, only to be waylaid by bandits en route. So the U.S. Congress, in a moment of wisdom, declared that branch mints be established in three southern cities, including the grand dame herself: New Orleans.
The Mint knew the Type 1 Gold Dollar was just too small, and hence too easily lost or misplaced. Their answer was a coin 15% larger in diameter, but thinner so as to maintain the same gold content. The design is basically a modified version of the 1854 $3 gold piece. Longacre’s design had a technical flaw that brought about its swift demise: The obverse was designed with a very high relief.
Prices Shown Subject to Change
The pricing quoted on this page is based on the current market price for this precious metal, which constantly fluctuates and we continuously update from 7 a.m. – 5 p.m. CT, Monday through Friday.
You will be charged the price listed at the time you place your order and it is confirmed as paid. If your order was not confirmed as paid, it may need to be reviewed by our fraud team and your price will not be locked in until you speak with a Blanchard account representative.
To protect against the rare event of abnormally volatile market conditions, we reserve the right to deny pricing quoted on this website.
You will be charged the market price at the time you lock in your order with us.