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Assuming the coin is circulated and has no mintmark, the 1851 Liberty Head (Type 1) dollar is the second highest mintage of the series and is a very common coin. More than 4,000 coins have been certified. For an accurate assessment of value the coin needs to be seen and graded. Most coins of this type have seen heavy use and show a lot of wear. In general retail values as of 9-1-11 for low grade coins are $135.00-$170.00, better grade are $190.00-$210.00 and coins showing almost no wear run from $220.00-$270.00. Values are a market average and only for coins in collectible condition, coins that are bent, corroded, scratched, used as jewelry or have been cleaned have far less value if any to a collector or dealer.

NOTE: The entire series of U.S. gold One Dollar coins is known to been counterfeited.

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