Gold Dollar (Type 1–3) Melt Value
The smallest US gold coin — about the size of today’s dime but thinner. Collector value dominates; melt is only a floor.
Melt value per coin$196.080.04837 oz × $4,053.77/oz gold · spot as of August 4, 2026 · about 196.1× face value
gold content
0.04837 troy oz
Weight
1.672 g
Composition
.900 fine (90% gold)
Years
1849–1889
Melt value by quantity
| Quantity | Melt value |
|---|---|
| 1 coin | $196.08 |
| 5 coins | $980.40 |
| 10 coins | $1,960.81 |
Frequently asked questions
- How much gold is in a gold dollar (type 1–3)?
- Each gold dollar (type 1–3) weighs 1.672 grams (.900 fine (90% gold)) and contains 0.04837 troy ounces of gold.
- What is a gold dollar (type 1–3) worth in melt value today?
- At the current gold spot price of $4,053.77 per troy ounce, the melt value is about $196.08 per coin.
- Is a gold dollar (type 1–3) worth more than its melt value?
- Often, yes. Melt value is the floor — scarce dates, mint marks, and higher grades carry collector premiums above metal content. Check the grade-by-grade price guide before selling any coin as bullion.
Keep digging
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Melt values update with live spot prices and are estimates, not offers to buy. Dealers pay below melt to cover refining margins; collectible examples are worth more than melt. It is currently illegal to melt US one-cent and five-cent coins.