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As a general rule, determining which gold dollar coin is valuable requires clarifying what is meant by a "gold dollar." Many people refer to the modern, golden-colored Sacagawea and Presidential dollars as "gold dollars," but these coins contain no actual gold. They are made of a manganese brass composition and, unless they are rare error coins or in pristine, uncirculated condition, are typically only worth their face value of one dollar.
However, the United States Mint did produce one-dollar coins made from 90% gold between 1849 and 1889. These are known as Gold Dollars. Virtually all of these historic coins are worth significantly more than their one-dollar face value. Their value is determined by their gold content, rarity, condition, and specific date and mint mark combination.
Some of the more valuable historic Gold Dollars include those from rarer mints like Charlotte (C) and Dahlonega (D), as well as key date issues. For example, the 1861-D Gold Dollar is a famous rarity struck by the Confederacy. The Type 2 Gold Dollar, minted from 1854 to 1856, is also highly sought after by collectors due to its short production run and unique design. The value for any of these coins can range from a few hundred dollars to many thousands, depending on these contributing factors.
