Coin Specifications

Category: Gold Dollars (1849-1889)
Mint: Philadelphia
Catalog: KM-73
Obverse Designer: James B. Longacre
Reverse Designer: James B. Longacre
Composition: Gold
Fineness: 0.9000
Weight: 1.6720g
AGW: 0.0484oz
Melt Value: $57.95 (10/30/2014)
Diameter: 13mm
Edge: Reeded
Numismatic specification data provided by Krause Publications NumisMaster.
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1849 SMALL HEAD NO L G$1 MS obverse 1849 SMALL HEAD NO L G$1 MS reverse


  
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Description & Analysis

The official mintage of the No L gold dollar is 1,000 pieces, all of which were struck on May 8, 1849. Over the years we have seen quite a number of these pieces, enough to make us wonder if the official mintage is correct. On the other hand, it would stand to reason that a large percentage of the production would be set aside by officials as well as the general public as novelties and mementoes. This preservation in high grade was recognized by Paul Taglione in 1982, when he wrote: 'A good number of the 1000 were saved and clearly circulated examples (Extremely Fine and lower) are rarely encountered and little cared about.' Also noted by Taglione 25 years ago, this variant was not listed in the Guide Book. That oversight has now been corrected.

Description and Analysis courtesy of Heritage Auctions and may not be republished without written permission.


GRADE SUMMARY

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Price Guide

Last Updated: 4/16/2014

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1849 SMALL HEAD NO L G$1 MS
  GVGFVF4045505355586061626364656667686970
Base $ 130 140 175 240 300 300 340 355 410 550 950 1175 1425 1725 2700 6850 12250 30000 65000 - -
$ 310 345 365 440 650 1000 1225 1550 1900 4150 10000 11600 33700 -
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Census

 
NGC GRADE SUMMARY

Total Graded: 374
Low Grade: 50
Average Grade: 62
High Grade: 68


Upcoming Auctions

A random selection of NGC coins is shown below.

Images
Date
Grade
Auction House
Sale / Lot
11/10/2014 MS 64   Heritage Auctions 2014 November 6 - 10 US Coins Signature Auction - Beverly Hills Session(4), 1211/Lot# 5024
11/15/2014 MS 63   Heritage Auctions 2014 November 14 - 15 Selections from the Eric P. Newman Collection Part V US Coins Signature Auction - New York Session(1), 1215/Lot# 3168


Auction Prices Realized

A random selection of coins is shown below.

Images
Date
Service
Grade
Auction House
Sale / Lot
Price
4/28/2004 NGC MS 62   Teletrade Auction 1876, 1876/Lot# 1512 $962.50
2/20/2005 PCGS MS 63   Goldberg February 20-23, 2005 Pre-Long Beach Coin Auction, 28/Lot# 2123 $920.00
10/17/2012 PCGS   Stack's Bowers The November 2012 Baltimore Auction - US and World Lots - Live and Internet Only Sessions, 144/Lot# 25102 $260.85
7/7/2013 PCGS AU 50   GreatCollections GreatCollections Coin Auctions 07/07/2013, 82/Lot# 125406 $247.50
3/23/2014 NGC AU 58   David Lawrence Rare Coins Internet Auction # 796, 805/Lot# 957 $600.00
5/25/2014 PCGS AU 53   Heritage Auctions Internet Coin Auction Session(1), 131422/Lot# 22160 $282.00
6/4/2014 PCGS MS 62   Heritage Auctions 2014 June 4 - 8 US Coins Signature Auction - Long Beach Session(5), 1206/Lot# 5550 $1,762.50


NGC Registry

NGC Registry Score 1849 SMALL HEAD NO L G$1 MS
 PrAgGVGFVF4045505355586061626364656667686970
Base24426829532045058660262075283394510131066165821972781381741414431469449355158
25227730336349559160866477987096710301263183723913126392542374518477450090
00000060866477987096710301263183723913126392542374518477400
00000061470880690799010481460201725863471403343344606485400
1849 SMALL HEAD NO L G$1 MS Prooflike
 PrAgGVGFVF4045505355586061626364656667686970
Base24426829532045058660262075283394510131066165821972781381741414431469449355158
25227730336349559160866477987096710301263183723913126392542374518477450090
00000060866477987096710301263183723913126392542374518477400
00000061470880690799010481460201725863471403343344606485400
Registry Image Gallery
Grade: MS 62
Points: 1658
Owner: Whidbey Island Collection
 
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