James B. Longacre designed the first gold dollar in 1849 shortly after it was authorized by the Act of March 3, 1849. In 1854, Longacre restyled this Liberty Head gold dollar (referred to as a Type I gold dollar) to display an Indian princess, creating the Indian Head Type II gold dollar.
James B. Longacre designed the Liberty Head Type Gold dollar shortly after coinage of the gold dollar was authorized by Congressional act on March 3, 1849. The $1 Liberty gold coin is the smallest coin in United States history with a diameter of only 13mm, making it even smaller than the 14mm silver three-cent piece.
One of only two coins designed by America's most acclaimed sculptor, Augustus Saint-Gaudens, this $10 gold coin is one of the most exquisite gold coins our nation has ever struck. The $10 Indian Head's obverse (front) features the head of Liberty, donning an Indian war bonnet that reads 'LIBERTY'.
The $10 Liberty gold coin, or Coronet, was minted after a 34-year hiatus of other $10 gold pieces. The Coronet design by Christian Gobrecht would later appear on the $2.50 Liberty gold coin and one year prior to its use on the $5 Liberty gold coin.
Sculptor Bela Lyon Pratt was selected by President Theodore Roosevelt to design the $2.50 and $5 Indian Head gold coins. Although Pratt was not as renowned as his mentor, Augustus Saint-Gaudens, to some it seemed logical to entrust the two gold coins to a younger, more contemporary artist.