1849 G$1 JD-1 No L PR62 PCGS
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1849 G$1 No L, JD-1, R.7, PR62 PCGS. Orange-gold surfaces contain significant regions of russet toning, particularly on the reverse, with additional brighter toning found in the protected areas. Leaf detail is well-formed on the reverse, and each strand of hair is sharply distinct on the obverse, as well as most star centers. A few thin scratches are useful for pedigree purposes: one from the rim to the headband, two from the lower right half of the bust to the rim, one from the 9 in the date to the R in DOLLAR, and one from the E in AMERICA to the wreath. None of these are imminently distracting, and overall eye appeal is excellent. In 1849, the Mint introduced two new denominations: the gold dollar and the double eagle. The famous 1849 double eagle, of which just one was struck at the end of that year, exhibited a unique hub design that was altered before mass production began in 1850. However, that was the only design change at the start of the series. By contrast, the gold dollar saw several design changes in its inaugural year (and even more during the first decade of the series as a whole). The first gold dollars lacked Longacre's initial "L" on the obverse, and the wreath design was later changed so the ends of the wreath were much closer together. This creates three distinct varieties: No L, Open Wreath, and Closed Wreath. All known proofs are of the first design. While proof mintages were somewhat sporadic during this era, especially during the early to mid 1850s, there is no question that proof 1849 gold dollars exist. Dannreuther lists a single variety, with a die line through IT. This die was later used on business strikes, though "the main difference between the formats is the watery look or glisten seen on the Proofs." While many examples have been purported to be proofs over the years, Dannreuther lists five confirmed true proof examples, with one permanently impounded in the Smithsonian Institution's National Numismatic Collection. His ...
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Collectors CornerSM coin information: (data courtesy of PCGS.com *)
| PCGS Coin #: |
106000 |
| PCGS Coin Description: |
1849 G$1 JD-1 No L |
| Mintage: |
10 |
| Grade: |
PR62 |
| Auction Prices Realized: * |
Auction Prices Realized
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| Additional resources: |
PCGS CoinFacts
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PCGS Set Registry:
 Learn more about Set Registry
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No composite sets currently defined for this coin.
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*
This information is being provided by PCGS and you are encouraged to review the Important Information for each of these items:
PCGS Population [View];
PCGS Price Guide [View];
Auction Prices Realized [View].
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