United States 1887 gold dollar
This specimen was lot 1090 in Steve Album Auction 54 (Santa Rosa, CA, January 2026), where it sold for $450. The catalog description[1] noted, "UNITED STATES: AV dollar, 1887, Indian Head Type 3, rough reverse fields (contact marks), AU." The introduction of the gold dollar in 1849 filled a desperate need as silver dollars were hoarded, being overvalued, and paper dollars issued by the aptly named "broken banks" were not trustworthy. Numismatists divide the gold dollar issues into three types: type I (1849-54), 13 mm diameter, type II (1854-56), 15 mm diameter, and type III (1856-89), 15 mm diameter with a revised headdress. Altho this is noted as a low mintage date, NGC has graded 525 examples (which may include duplicate submissions).
Recorded mintage: 7,500.
Specification: 1.67 g, 0.900 fine gold, 15 mm diameter, reeded edge.
Catalog reference: KM-86, Fr-94
- Alexander, David T., Coin World Comprehensive Catalog & Encyclopedia of United States Coins, Sidney, OH: Amos Press, 1995.
- Breen, Walter H., Walter Breen's Complete Encyclopedia of U. S. and Colonial Coins, New York: Doubleday, 1987.
- Friedberg, Arthur L. and Ira S. Friedberg, Gold Coins of the World, From Ancient Times to the Present, 9th ed., Clifton, NJ: Coin and Currency Institute, 2017.
- Michael, Thomas, and Tracy L. Schmidt, Standard Catalog of World Coins, 1801-1900, 9th ed., Iola, WI: Krause Publications, 2019.
- Yeoman, R. S., and Kenneth Bressett (ed.), A Guide Book of United States Coins, 65th Ed., Atlanta, GA: Whitman Publishing, 2011.
- [1]Album, Stephen, Joseph Lang, Paul Montz, Michael Barry and Hanbing Feng, Auction 54, featuring selections from the Kenneth A. Bovenkamp Collection of Ottoman Coins, Santa Rosa, CA: Stephen Album Rare Coins, Inc., 2025.
Link to: