Coin Specifications

Category: Gold Dollars (1849-1889)
Mint: Charlotte
Mintage: 11,634
Obverse Designer: James B. Longacre
Reverse Designer: James B. Longacre
Composition: Gold
Fineness: 0.9000
Weight: 1.6700g
AGW: 0.0484oz
Melt Value: $84.85 (9/27/2021)
Diameter: 13mm
Edge: Reeded
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1849 C OPEN WREATH G$1 MS obverse 1849 C OPEN WREATH G$1 MS reverse
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Description & Analysis

Jeff Garrett: This issue must be considered the “king” of all gold dollars and is one of the rarest US gold coins. The Charlotte Mint was the only Branch Mint to receive the new Close Wreath dies in time to strike the 1849-dated coins. All other branch mint issues are found with Open Wreath designs only. Probably just a handful of coins were struck in Charlotte with the Open Wreath dies. Waldo Newcomer discovered the variety sometime before 1933. It is estimated that currently five are known to exist, the finest being an MS 63, which sold for $493,500 in April, 2015. Other known examples of the 1849-C Open Wreath design grade from Fine to About Uncirculated.

Note: this coin is included among the 100 Greatest U.S. Coins (Garrett and Guth).


GRADE SUMMARY

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Price Guide

Last Updated: 5/29/2019

Click on a price to see historical prices, comparison charts and trends.

1849 C OPEN WREATH G$1 MS
  GVGFVFXF505355586061626364656667686970
Base $ 80000 105000 - 180000 260000 - - - 530000 - - 690000 - - - - - - - -

NGC Price and Value Guides Disclaimer

Disclaimer: The prices listed in the various NGC Price and Value Guides are compiled from a number of independent, third party sources in the numismatic community which NGC believes to be reliable. Prices provided are averages, not specific prices for individual coins. Further, because these prices are only updated from time to time, they do not reflect short term pricing trends, which are quite common and are often quite dramatic, given the volatile nature of the collectible coin marketplace. This is especially true for rare coins, where there are fewer sales and greater variations in sale prices. For all of these reasons, the prices in these guides are designed to serve merely as one of many measures and factors that coin buyers and sellers can use in determining coin values. These prices are not intended, and should not be relied upon, to replace the due diligence and — when appropriate — expert consultation that coin buyers and sellers should undertake when entering into a coin transaction. As such, NGC disclaims all warranties, express or implied, with respect to the information contained in the NGC Guides. By using the NGC Guides, the user agrees that neither NGC nor any of its affiliates, shareholders, officers, employees or agents shall have any liability for any loss or damage of any kind, including without limitation any loss arising from reliance on the information contained in the Guides.

Census

 
NGC GRADE SUMMARY

Total Graded: 2
Low Grade: VF
Average Grade: 40
High Grade: 45

The chart showing VF series, 40 series, 45 series.
NGC CENSUS DETAIL Last Updated: 9/21/2021 1849 C OPEN WREATH G$1 MS
 PrAgGVGFVF4045505355586061626364656667686970Total
Base----1-1---------------2
-----------------------
-----------------------
-----------------------
Total----1-1---------------2
 ----50%-50%--------------- 

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NGC Auction Central Disclaimer

NGC Auction Central Disclaimer

Disclaimer: The auction prices realized listed in the NGC Auction Central are compiled from a number of independent, third party sources in the numismatic community which NGC believes to be reliable. The auction data listed by NGC may occasionally contain typographical or input errors that can result in incorrect prices realized appearing on the NGC website. Therefore, the prices realized listed in NGC Auction Central are designed to serve merely as one of many measures and facts that coin buyers and sellers can use in determining coin values. These prices are not intended, and should not be relied upon, to replace the due diligence and – when appropriate – expert consultation that coin buyers and sellers should undertake when entering into a coin transaction. As such, NGC disclaims all warranties, express or implied, with respect to the information contained in the NGC Auction Central. By using the NGC Auction Central, the user agrees that neither NGC nor any of its affiliates, shareholders, officers, employees or agents shall have any liability for any loss or damage of any kind, including without limitation any loss arising from reliance on the information contained in the NGC Auction Central.