|GOLD DOLLARS 1849-1861||Type Three 1856-1861|
|Diameter: 15 millimeters||Large Indian Head|
|Weight: 25.8 grains||Fineness: .900|
|Edge: Reeded||Designer: James B. Longacre|
The second most underrated gold dollar from the Dahlonega Mint, trailing the 1850-D by a small margin. This date is notorius for having a below average surface and a strike that is always weak in the center of both obverse and reverse. Some examples have Mint-made planchet problems, which takes away even more from the eye appeal of the 1857-D gold dollar. A few examples survive with luster that is bright and frosty. Original, uncleaned coins have coloration ranging from orange-gold, bright yellow-gold to green-gold. Around 125 specimens survive with 7% or less in Mint State.