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= = Original design = =

The reverse features the date and denomination within a wreath , with the name of the nation near the rim . Her hair is gathered in a bun ; she is surrounded by 13 stars representing the original states . The Type 1 gold dollar depicts a head of Liberty , facing left , with a coronet or tiara on her head bearing her name .

The North Carolina Standard hoped that they would be struck at the Charlotte Mint and circulated locally to eliminate the problem of small @-@ denomination bank notes from out of state . Willis ' Bank Note List stated that " there is no probability of them ever getting into general circulation ; they are altogether too small . " Contemporary reviews of the Type 1 design were generally favorable . Coin dealer and numismatic author Q. David Bowers notes that the head of Liberty on the Type 1 dollar is a scaled @-@ down version of that on the double eagle , and " a nicely preserved gold dollar is beautiful to behold " . The New York Weekly Tribune on May 19 , 1849 described the new dollar as " undoubtedly the neatest , tiniest , lightest , coin in this country ... it is too delicate and beautiful to pay out for potatoes , and sauerkraut , and salt pork . Oberon might have paid Puck with it for bringing the blossom which bewitched Titania . "

= = Modifications = =

Of the coins struck at the branch mints in 1849 , only pieces struck at Charlotte ( 1849 @-@ C ) exist in multiple varieties ; most are of what is dubbed the " Closed Wreath " variety . Approximately five of the 1849 @-@ C Open Wreath are known ; one , believed the finest surviving specimen , sold at auction for $ 690 @,@ 000 in 2004 , remaining a record for the gold dollar series as of 2013 . Beginning in 1854 , the gold dollar was also struck at the new San Francisco Mint . All issues beginning in 1850 bear the Closed Wreath . One of the changes made during production was the inclusion of Longacre 's initial " L " on the truncation of Liberty 's neck , the first time a U.S. coin intended for full @-@ scale production had borne the initial of its designer . Mint records indicate the first gold dollars were produced on May 7 , 1849 ; Longacre 's diary notes state instead that the first were struck on May 8 . A few coins in proof condition were struck on the first day , along with about 1 @,@ 000 for circulation . There are five major varieties of the 1849 gold dollar from Philadelphia , made as Longacre continued to fine @-@ tune the design . Mintmarked dies were sent by Longacre 's Engraving Department at the Philadelphia Mint to the branch mints at Charlotte , Dahlonega ( in Georgia ) , and New Orleans ; coins struck at the branches resemble some of the types issued from Philadelphia , depending on when the dies were produced .

As silver coins vanished , the gold dollar became the only federal coin in circulation between the cent and the quarter eagle ( $ 2 @. @ 50 piece ) . As such , it was struck in large numbers and widely circulated . According to Bowers in his book on the denomination , " the years 1850 to 1853 were the high @-@ water mark of the gold dollar , the glory years of the denomination when the little gold coins took the place of half dollars and silver dollars in everyday transactions . " The continued flow of gold from California made silver expensive in terms of gold , and U.S. silver coins began to flow out of the country for melting in 1849 , a flow that accelerated over the next several years as the price of the metal continued to rise . This time came to an end in 1853 when Congress passed an act reducing the weight of most silver coins , allowing new issues of them to circulate . By 1853 , a thousand dollars in silver coin contained $ 1 @,@ 042 worth of bullion .

In April , Treasury Secretary James Guthrie wrote to Pettit that there were complaints that the gold dollar was too small , often lost or mistaken for a small silver coin , and enquiring about reports the Mint had experimented with annular dollars . Pettit died suddenly on May 31 ; Guthrie did not let the issue fall , but queried Pettit 's replacement , James Ross Snowden , concerning the issue on June 7 . Patterson retired that year after 16 years in his position , and under his successor , George N. Eckert , annular gold dollar and half dollar patterns were struck . Pettit replied , stating that none had been preserved , but enclosed a silver piece of equivalent size . As U.S. coins were required to bear some device emblematic of liberty , the secretary hoped that artists could be found who could find some such design for an annular coin . Public Ledger reported that although gold dollars would not be struck in annular form , gold half dollars would be , to help fill the need for change . With the new Pierce administration , Thomas M. Pettit took office as Mint Director on March 31 , 1853 . He noted that while there would be technical difficulties in the production of the annular dollar , these could be overcome . In a letter dated May 10 , Pettit proposed an oval @-@ shaped holed piece , or an angular @-@ shaped coin , which would lessen the production problems . As early as 1851 , New York Congressman William Duer alleged that that Patterson had made the gold dollar too small in diameter on purpose to provoke criticism .

The idea of making the gold dollar larger in this way had been suggested in Congress as early as 1852 , and had been advocated by Pettit , but Guthrie 's desire for an annular coin stalled the matter . To ensure that the three @-@ dollar piece was not mistaken for other gold coins , it had been made thinner and wider than it would normally be , and Longacre put a distinctive design with an Indian princess on it . An adaptation of Longacre 's princess for the larger gold coin was placed on the dollar , and a similar agricultural wreath on the reverse . Longacre adapted both the technique and the design for the gold dollar , which was made thinner , and thus wider . In May 1854 , Snowden sent Guthrie a letter stating that the difficulties with an annular coin , especially in getting the coins to eject properly from the press , were more than trivial . The Act of February 21 , 1853 , that had lightened the silver coins also authorized a gold three @-@ dollar piece , which began to be produced in 1854 .

This was due to the high relief of the design — the three Southern branch mints especially had trouble with the piece . The Type 2 gold dollar was struck only at Philadelphia in 1854 and 1855 , at the three Southern branch mints in the latter year , and at San Francisco in 1856 , after the design was designated for replacement . This improved the metal flow and design sharpness so much that early numismatic scholars assumed the reverse was also altered , though in fact no change was made and the Type 2 and Type 3 reverses are identical . To correct the problems , Longacre enlarged the head of Liberty , making it a scaled @-@ down version of the three @-@ dollar piece , and moved the lettering on the obverse closer to the rim . Many of the Type 2 pieces quickly became illegible , and were sent back to Philadelphia for melting and recoinage . Nevertheless , the Type 2 gold dollar ( as it came to be known ) proved unsatisfactory as the mints had difficulty in striking the new coin so that all details were brought out . On most surviving specimens , the " 85 " in the date is not fully detailed .

= = = Design of Type 2 and 3 dollars = = =

The Type 2 and 3 gold dollars depict Liberty as a Native American princess , with a fanciful feathered headdress not resembling any worn by any Indian tribe . This wreath would appear , later in the 1850s , on the Flying Eagle cent . For the reverse , Longacre adapted the " agricultural wreath " he had created for the reverse of the three @-@ dollar piece , composed of cotton , corn , tobacco , and wheat , blending the produce of North and South . This image is an inexact copy of the design Longacre had made for the three @-@ dollar piece , and is one of a number of versions of Liberty Longacre created based on the Venus Accroupie or Crouching Venus , a sculpture then on display in a Philadelphia museum .

Art historian Cornelius Vermeule deprecated the Indian princess design used by Longacre for the obverses of the Types 2 and 3 gold dollar , and for the three @-@ dollar piece , " the ' princess ' of the gold coins is a banknote engraver 's elegant version of folk art of the 1850s . The plumes or feathers are more like the crest of the Prince of Wales than anything that saw the Western frontiers , save perhaps on a music hall beauty . "

= = War years = =

Only about 51 @,@ 000 gold dollars were produced in 1860 , with over two @-@ thirds of that figure at Philadelphia , just under a third at San Francisco , and 1 @,@ 566 at Dahlonega . The gold dollar continued to be produced in the late 1850s , though mintages declined from the figures of two million or more each year between 1850 and 1854 . Roughly a hundred are known of the last , creating one of the great rarities from Dahlonega in the series .

Since dies crack in time , and all the mints were supplied with them from Philadelphia , coining could not last , and in May 1861 , coins and supplies remaining at Dahlonega were turned over to the treasury of the Confederate States of America , which Georgia had by then joined . The rarity of the 1861 @-@ D dollar , and the association with the Confederacy , make it especially prized . Under orders from Governor Joseph E. Brown , state militia secured the mint , and at some point , small quantities of dollars and half eagles were produced . Gold coins with a face value of $ 6 were put aside for assay . The other candidate for the rarest from that mint is the 1861 @-@ D , with an estimated mintage of 1 @,@ 000 and perhaps 45 to 60 known . Records of how many coins were struck and when have not survived . Two pairs of dies were shipped from Philadelphia to Dahlonega on December 10 , 1860 ; they arrived on January 7 , 1861 , two weeks before Georgia voted to secede from the Union , as the American Civil War began . Instead , these were sent to the initial Confederate capital of Montgomery , Alabama , though what was done with them there , and their ultimate fate , are unknown . Normally , they would have been sent to Philadelphia to await the following year 's meeting of the United States Assay Commission , when they would be available for testing .

It and the Charlotte facility never reopened ; the New Orleans Mint again struck coins from 1879 to 1909 , but did not strike gold dollars again . Dahlonega , like the other two branch mints in the South , closed its doors after the 1861 strikings . After 1861 , the only issuance of gold dollars outside Philadelphia was at San Francisco , in 1870 .

In late December 1861 , banks and then the federal Treasury stopped paying out gold at face value . By mid @-@ 1862 , all federal coins , even the base metal cent , had vanished from commerce in much of the country . In the rest of the nation , gold and silver coins could be purchased from banks , exchange agents , and from the Treasury for a premium in the new greenbacks the government began to issue to fill the gap in commerce and finance the war . The outbreak of the Civil War shook public confidence in the Union , and citizens began hoarding specie , gold and silver coins . The exception was the Far West , where for the most part , only gold and silver were acceptable currencies , and paper money traded at a discount .

= = Final years , abolition , and collecting = =

The Mint felt it improper to suspend coinage of a coin authorized by Congress , and issued proof coins ( generally a few dozen to the tiny numismatic community ) from specially @-@ polished dies , also producing enough circulation strikes so that the proof coins would not be unduly rare . Accordingly , although 1 @,@ 361 @,@ 355 gold dollars were struck in 1862 — the last time production would exceed a million — the mintage fell to 6 @,@ 200 in 1863 and remained low for the rest of the coin 's existence , excepting 1873 and 1874 . Once specie again circulated at face value , the gold dollar found no place in commerce amid large quantities of silver coinage , either released from hoarding or newly struck by the Mint . Since gold did not circulate in the United States ( except on the West Coast ) in the postwar period , much of the production of coins of that metal in the United States was double eagles for export . In 1873 and 1874 , old and worn gold dollars held by the government were melted and recoined , generating large mintages of that denomination . The government expected that the resumption of specie payments would cause the dollar and other small gold coins to circulate again , but the public , allowed to redeem paper currency , continued to use it as more convenient than coins . This was done in anticipation of the resumption of specie payments , which did not occur until the end of 1878 .

The coins were often exported to China or Japan , where such jewelry was made . Another use for the gold dollar was as a holiday gift ; after its abolition the quarter eagle became a popular present . The dollars were often damaged in the process ; the Mint refused to sell into this trade and did its best to hinder it . Banks charged a premium for circulation strikes . @ 25 at the cashier 's window at the Philadelphia facility . In the 1870s and 1880s , public interest grew in the low @-@ mintage gold dollar . They were popular in the jewelry trade , mounted into various items . The Mint most likely channeled its production through some favored Philadelphia dealers , though proof coins could be purchased for $ 1 @. Collecting coins was becoming more popular , and a number of numismatists put aside some gold dollars and hoped for increases in value . Proof mintages exceeded 1 @,@ 000 by 1884 , and remained above that mark for the remainder of the series , numbers likely inflated by agents of jewelers , willing to pay the Mint 's premium of $ .25 per coin . Nevertheless , Mint officials concluded that jewelers were successful at getting the majority of each issue .

Later that year , the new director , Edward O. Leech , issued a report stating that the gold dollar " is too small for circulation , and ... [ is ] used almost exclusively for the purposes of ornament . James Pollock , in his final report as Mint Director in 1873 , advocated limiting striking of gold dollars to depositors who specifically requested it . " Congress abolished the gold dollar , along with the three @-@ cent nickel and three @-@ dollar piece , by the Act of September 26 , 1890 . His successors called for its abolition , with James P. Kimball , before he left office in 1889 , writing to Congress that except as jewelry , " little practical use has been found for this coin " . The last year in which the gold dollar was struck was 1889 . The gold dollar is not a convenient coin , on account of its small size , and it suffers more proportionately from abrasion than larger coins . "

That journal in 1905 carried news of a customer depositing 100 gold dollars into a bank ; the teller , aware of the value , credited the account with $ 1 @. As coin collecting became a widespread pastime in the early 20th century , gold dollars became a popular specialty , a status they retain . @ 60 per coin . The 2014 edition of R.S. Those seeking one of each type will find the most expensive to be a specimen of the Type 2 , with the 1854 and 1855 estimated at $ 350 in that condition ; the other two types have dates valued at $ 300 in that grade . @ 80 each , still in demand as a birthday present and for jewelry . According to an advertisement in the February 1899 issue of The Numismatist , gold dollars brought $ 1 @. A total of 19 @,@ 499 @,@ 337 gold dollars were coined , of which 18 @,@ 223 @,@ 438 were struck at Philadelphia , 1 @,@ 004 @,@ 000 at New Orleans , 109 @,@ 138 at Charlotte , 90 @,@ 232 at San Francisco and 72 @,@ 529 at Dahlonega . In 1908 , a dealer offered $ 2 each for any quantity . Yeoman 's A Guide Book of United States Coins rates the least expensive gold dollar in very fine condition ( VF @-@ 20 ) at $ 300 , a value given for each of the Type 1 Philadelphia issues from 1849 to 1853 .

= = Commemorative gold dollars = =

The gold dollar had a brief resurrection during the period of Early United States commemorative coins . These were minted for various public events , did not circulate , and none used Longacre 's design . Between 1903 and 1922 nine different issues were produced , with a total mintage of 99 @,@ 799 .

= Johnson – Corey – Chaykovsky reaction =

The Johnson – Corey – Chaykovsky reaction ( sometimes referred to as the Corey – Chaykovsky reaction or CCR ) is a chemical reaction used in organic chemistry for the synthesis of epoxides , aziridines , and cyclopropanes . The reaction is diastereoselective favoring trans substitution in the product regardless of the initial stereochemistry . It was discovered in 1961 by A. William Johnson and developed significantly by E. J. Corey and Michael Chaykovsky . The reaction involves addition of a sulfur ylide to a ketone , aldehyde , imine , or enone to produce the corresponding 3 @-@ membered ring . The synthesis of epoxides via this method serves as an important retrosynthetic alternative to the traditional epoxidation reactions of olefins .

The reaction is most often employed for epoxidation via methylene transfer , and to this end has been used in several notable total syntheses ( See Synthesis of epoxides below ) . Additionally detailed below are the history , mechanism , scope , and enantioselective variants of the reaction . Several reviews have been published .

= = History = =

The attempted Wittig @-@ like reaction failed and a benzalfluorene oxide was obtained instead , noting that " Reaction between the sulfur ylid and benzaldehydes did not afford benzalfluorenes as had the phosphorus and arsenic ylids . " The original publication by Johnson concerned the reaction of 9 @-@ dimethylsulfonium fluorenylide with substituted benzaldehyde derivatives .

The subsequent development of ( dimethyloxosulfaniumyl ) methanide , ( CH3 ) 2SOCH2 and ( dimethylsulfaniumyl ) methanide , ( CH3 ) 2SCH2 ( known as Corey – Chaykovsky reagents ) by Corey and Chaykovsky as efficient methylene @-@ transfer reagents established the reaction as a part of the organic canon .

= = Mechanism = =

The reaction mechanism for the Johnson – Corey – Chaykovsky reaction consists of nucleophilic addition of the ylide to the carbonyl or imine group . A negative charge is transferred to the heteroatom and because the sulfonium cation is a good leaving group it gets expelled forming the ring . In the related Wittig reaction , the formation of the much stronger phosphorus @-@ oxygen double bond prevents oxirane formation and instead , olefination takes place through a 4 @-@ membered cyclic intermediate .

Initial addition of the ylide results in a betaine with adjacent charges ; density functional theory calculations have shown that the rate @-@ limiting step is rotation of the central bond into the conformer necessary for backside attack on the sulfonium . The trans diastereoselectivity observed results from the reversibility of the initial addition , allowing equilibration to the favored anti betaine over the syn betaine .

The degree of reversibility in the initial step ( and therefore the diastereoselectivity ) depends on four factors , with greater reversibility corresponding to higher selectivity :

Stability of the substrate with higher stability leading to greater reversibility by favoring the starting material over the betaine .

Stability of the ylide with higher stability similarly leading to greater reversibility .

Steric hindrance in the betaine with greater hindrance leading to greater reversibility by disfavoring formation of the intermediate and slowing the rate @-@ limiting rotation of the central bond .

Solvation of charges in the betaine by counterions such as lithium with greater solvation allowing more facile rotation in the betaine intermediate , lowering the amount of reversibility .

= = Scope = =

The reaction has come to encompass reactions of many types of sulfur ylides with electrophiles well beyond the original publications . The application of the Johnson – Corey – Chaykovsky reaction in organic synthesis is diverse . It has seen use in a number of high @-@ profile total syntheses , as detailed below , and is generally recognized as a powerful transformative tool in the organic repertoire .

= = = Types of ylides = = =

Many types of ylides can be prepared with various functional groups both on the anionic carbon center and on the sulfur . trimethylsulfonium iodide ) and overall reaction rate in various ways . The general format for the reagent is shown on the right . The substitution pattern can influence the ease of preparation for the reagents ( typically from the sulfonium halide , e.g.

The former react slower due to their increased stability . In addition , the dialkylsulfoxide by @-@ products of sulfoxonium reagents are greatly preferred to the significantly more toxic , volatile , and odorous dialkylsulfide by @-@ products from sulfonium reagents . Use of a sulfoxonium allows more facile preparation of the reagent using weaker bases as compared to sulfonium ylides . ( The difference being that a sulfoxonium contains a doubly bonded oxygen whereas the sulfonium does not . )

Disubstituted reagents are much rarer but have been described : The vast majority of reagents are monosubstituted at the ylide carbon ( either R1 or R2 as hydrogen ) .

For these , the related Darzens reaction is typically more appropriate . If the ylide carbon is substituted with an electron @-@ withdrawing group ( EWG ) , the reagent is referred to as a stabilized ylide . These , similarly to sulfoxonium reagents , react much slower and are typically easier to prepare . These are limited in their usefulness as the reaction can become prohibitively sluggish : examples involving amides are widespread , with many fewer involving esters and virtually no examples involving other EWG 's .

These have been developed extensively , second only to the classical methylene reagents ( R1 = R2 = H ) . If the ylide carbon is substituted with an aryl or allyl group , the reagent is referred to as a semi @-@ stabilized ylide . The substitution pattern on aryl reagents can heavily influence the selectivity of the reaction as per the criteria above .

The size of the alkyl groups are the major factors in selectivity with these reagents . If the ylide carbon is substituted with an alkyl group the reagent is referred to as an unstabilized ylide .

The R @-@ groups on the sulfur , though typically methyls , have been used to synthesize reagents that can perform enantioselective variants of the reaction ( See Variations below ) . The size of the groups can also influence diastereoselectivity in alicyclic substrates .

= = = Synthesis of epoxides = = =

Reactions of sulfur ylides with ketones and aldehydes to form epoxides are by far the most common application of the Johnson – Corey – Chaykovsky reaction . Examples involving complex substrates and ' exotic ' ylides have been reported , as shown below .

The reaction has been used in a number of notable total syntheses including the Danishefsky Taxol total synthesis , which produces the chemotherapeutic drug taxol , and the Kuehne Strychnine total synthesis which produces the pesticide strychnine .

= = = Synthesis of aziridines = = =

Though less widely applied , the reaction has a similar substrate scope and functional group tolerance to the carbonyl equivalent . The synthesis of aziridines from imines is another important application of the Johnson – Corey – Chaykovsky reaction and provides an alternative to amine transfer from oxaziridines . The examples shown below are representative ; in the latter , an aziridine forms in situ and is opened via nucleophilic attack to form the corresponding amine .

= = = Synthesis of cyclopropanes = = =

For addition of sulfur ylides to enones , higher 1 @,@ 4 @-@ selectivity is typically obtained with sulfoxonium reagents than with sulfonium reagents . With further conjugated systems 1 @,@ 6 @-@ addition tends to predominate over 1 @,@ 4 @-@ addition . Many electron @-@ withdrawing groups have been shown compatible with the reaction including ketones , esters , and amides ( the example below involves a Weinreb amide ) .

= = = Other reactions = = =

In addition to the reactions originally reported by Johnson , Corey , and Chaykovsky , sulfur ylides have been used for a number of related homologation reactions that tend to be grouped under the same name .

With epoxides and aziridines the reaction serves as a ring @-@ expansion to produce the corresponding oxetane or azetidine . The long reaction times required for these reactions prevent them from occurring as significant side reactions when synthesizing epoxides and aziridines .

Several cycloadditions wherein the ylide serves as a " nucleophilic carbenoid equivalent " have been reported .

Living polymerizations using trialkylboranes as the catalyst and ( dimethyloxosulfaniumyl ) methanide as the monomer have been reported for the synthesis of various complex polymers .

= = Enantioselective variations = =

The use of chiral sulfides in a stoichiometric fashion has proved more successful than the corresponding catalytic variants , but the substrate scope is still limited in all cases . yielding an enantiomeric excess , which is labelled as " ee " ) variant of the Johnson – Corey – Chaykovsky reaction remains an active area of academic research . The catalytic variants have been developed almost exclusively for enantioselective purposes ; typical organosulfide reagents are not prohibitively expensive and the racemic reactions can be carried out with equimolar amounts of ylide without raising costs significantly . Chiral sulfides , on the other hand , are more costly to prepare , spurring the advancement of catalytic enantioselective methods . The development of an enantioselective ( i.e.

= = = Stoichiometric reagents = = =

The conformation of the ylide is limited by transannular strain and approach of the aldehyde is limited to one face of the ylide by steric interactions with the methyl substituents . The synthesis of the axial diastereomer is rationalized via the 1 @,@ 3 @-@ anomeric effect which reduces the nucleophilicity of the equatorial lone pair . The first is a bicyclic oxathiane that has been employed in the synthesis of the β @-@ adrenergic compound dichloroisoproterenol ( DCI ) but is limited by the availability of only one enantiomer of the reagent . The most successful reagents employed in a stoichiometric fashion are shown below .

The other major reagent is a camphor @-@ derived reagent developed by Varinder Aggarwal of the University of Bristol . Both enantiomers are easily synthesized , although the yields are lower than for the oxathiane reagent . The reaction employs a phosphazene base to promote formation of the ylide . The ylide conformation is determined by interaction with the bridgehead hydrogens and approach of the aldehyde is blocked by the camphor moiety .