1864 Gold Dollar
Circulation strike struck at the Philadelphia Mint · 5,900 made
- Mintage
- 5,900
- Metal
- 90% gold, 10% copper
- Weight
- 1.672 g
- Diameter
- 13 mm (Type 1); 15 mm (Types 2 and 3)
Original illustration. Tap to flip. Not a photograph of the actual coin.
Face value · Metal value · Small premium · Collector premium · Significant rarity. We use bands because prices change daily.
What is an 1864 Gold Dollar worth?
This is one of the dates collectors hunt for. A genuine 1864 is valuable in any condition, even well worn. That's exactly why fakes and altered coins turn up so often.
What would make yours worth more:
- Uncirculated condition with full original luster
- A die variety or minting error
- Certification by PCGS or NGC, which buyers expect for scarce dates
For market prices, check recent sold results for certified coins in the same grade.
Quick answers
- Is the 1864 Gold Dollar rare?
- Yes. Only 5,900 were made, 23rd lowest of the 75 regular issues in the series.
- Is the 1864 Gold Dollar real gold?
- No, it's gold: 0.0484 troy ounces of pure gold.
- Where is the mint mark on an 1864 Gold Dollar?
- On the reverse, below the wreath. Philadelphia coins have no mint mark. A "D" on a coin dated 1861 or earlier means Dahlonega, Georgia.
- Which Philadelphia dates near 1864 are scarcer?
- The 1865 at 3,700, the 1867 at 5,200. So the 1864 is on the scarcer side for those years.
- How many 1864 Gold Dollar coins were made?
- 5,900.
What to check on your 1864
- There's no mint mark on this one, so the date and condition are what matter.
- Check the date and mint mark under magnification for tooling or added letters. Scarce dates are the ones forgers alter.
- Proof or circulation strike? A proof has mirror-like fields and frosted design details and was sold to collectors, not released in change. The 1864 Gold Dollar Proof (50 made) is the one to compare with.
- Old coins pick up damage over a long life. Look for holes, bends, scratches or signs of cleaning before you judge the grade, because a damaged coin sells for a fraction of a problem-free one.
- Judge the grade under good light. Look at the hair above the eye and the bow of the wreath. Many gold dollars were made into jewelry, so check for solder marks or removed loops.
Gold coins are counterfeited more than any other US coins. A genuine 1864 weighs 1.672 g. Buy certified examples from a reputable dealer. Low-mintage dates attract altered and counterfeit coins. Check that the date have not been tooled or added, or buy one already certified by PCGS or NGC.
The story of the 1864
Philadelphia made 5,900 in 1864, about the same as the year before. In 1865 the figure was 3,700.
No other mint struck it for circulation that year, so every 1864 you find is from Philadelphia. In the whole series, its mintage sits closest to the 1869 (5,900) and the 1863 (6,200).
Across Philadelphia's 42 Gold Dollar issues, the hardest to find is the 1875 with 400 made. The 1864 is on the scarcer side of the middle. Within the 1860s it's 4th smallest of 12, between the 1867 (5,200) and the 1869 (5,900).
Wartime suspension and tiny mintages (1862 to 1879)
Banks stopped paying out gold at the end of 1861 and gold coins disappeared from eastern circulation. After a large 1862 mintage of 1,361,355, Philadelphia struck only a few thousand gold dollars a year through most of the 1860s and 1870s. Gold remained at a premium over paper money until specie payments resumed at the start of 1879.
Exceptions were 1873 and 1874, when production rose to 125,100 and 198,800. The 1873 comes with closed 3 and open 3 dates. The 1875, with only 400 business strikes and 20 proofs, is the lowest mintage of the type. The 1870-S, 3,000 struck, is the only San Francisco gold dollar of the period. Survivors from these years are scarce in any grade.
Elsewhere in US coinage in 1864
The Act of April 22, 1864 changed the cent from copper-nickel to thinner bronze and created the two-cent piece. The two-cent piece was the first US coin to carry the motto "In God We Trust".
How to recognize it
The smallest US coin ever struck came in three types. Type 1 (1849 to 1854) shows a tiny Liberty head and measures only 13 mm. Type 2 (1854 to 1856) is larger and thinner, with Liberty wearing a feathered headdress. Type 3 (1856 to 1889) enlarges the portrait. Every type has a wreath on the reverse around 1 DOLLAR and the date.
Mintage chart
Specifications
| Series | Gold Dollar (1849–1889) |
|---|---|
| Year | 1864 |
| Mint | Philadelphia Mint |
| Mint mark | None |
| Strike type | Circulation strike |
| Mintage | 5,900 |
| Face value | $1 |
| Composition | 90% gold, 10% copper |
| Weight | 1.672 grams |
| Diameter | 13 mm (Type 1); 15 mm (Types 2 and 3) |
| Edge | Reeded |
| Designer | James B. Longacre |
Other 1864 Gold Dollar issues
| Coin | Mintage | Type | Silver |
|---|---|---|---|
| 1864 Gold Dollar | 5,900 | Circulation strike | – |
| 1864 Gold Dollar Proof | 50 | Proof | – |
Mintage: Gold dollar (Wikipedia, CC BY-SA 4.0), compiled from US Mint records and the Guide Book of United States Coins. How we build these pages.