Coin Specifications

Category: Gold Dollars (1849-1889)
Mint: Philadelphia
Mintage: 688,567
Obverse Designer: James B. Longacre
Reverse Designer: James B. Longacre
Composition: Gold
Fineness: 0.9000
Weight: 1.6700g
AGW: 0.0484oz
Melt Value: $72.53 (9/16/2019)
Diameter: 13mm
Edge: Reeded
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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: 8/16/2019

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1849 SMALL HEAD NO L G$1 MS
  GVGFVFXF505355586061626364656667686970
Base $ 130 140 230 265 335 370 390 435 550 845 1150 1300 1800 2400 5000 11350 28500 60000 - -
$ - - - - - - - - 2000 2700 6600 15750 - -

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Census

 
NGC GRADE SUMMARY

Total Graded: 393
Low Grade: 50
Average Grade: 62
High Grade: 68

The chart showing 50 series, 53 series, 55 series, 58 series, 60 series, 61 series, 62 series, 63 series, 64 series, 65 series, 66 series, 67 series, 68 series.
NGC CENSUS DETAIL Last Updated: 9/10/2019 1849 SMALL HEAD NO L G$1 MS
 PrAgGVGFVF4045505355586061626364656667686970Total
Base-------141542451915884231152--391
---------------1---1--2
--------------13------4
----------------1-----1
Total-------141542451915988241153--398
 -------0 %1 %4 %11 %1 %13 %23 %15 %22 %6 %3 %1 %1 %-- 
1849 SMALL HEAD NO L G$1 MS Prooflike
 PrAgGVGFVF4045505355586061626364656667686970Total
Base-------------1--------1
-----------------1----1
-----------------------
-----------------------
Total-------------1---1----2
 -------------50 %---50 %---- 
1849 SMALL HEAD NO L G$1 MS Deep Prooflike
 PrAgGVGFVF4045505355586061626364656667686970Total
Base-------------1--------1
-----------------------
-----------------------
-----------------------
Total-------------1--------1
 -------------100 %-------- 

Auction Prices Realized

A random selection of coins is shown below.

Images
Date
Service
Grade
Auction House
Sale / Lot
Price
3/26/1997 PCGS MS 63   Teletrade Auction 0931, 931/Lot# 1755 $1,002.25
12/1/2008 NGC MS 62   David Lawrence Rare Coins Monday - Internet Auction # 305, 311/Lot# 1375 $1,138.50
2/1/2009 NGC MS 62   Goldberg February 1-4, 2009 Pre-Long Beach Coin and Currency Auction, 51/Lot# 1329 $949.00
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
3/31/2013 PCGS AU 55   GreatCollections GreatCollections Coin Auctions 03/31/2013, 68/Lot# 106430 $467.50
6/8/2014 NGC AU 58   Heritage Auctions Internet Coin Auction Session(1), 131424/Lot# 26277 $434.75
2/22/2018 PCGS MS 63   Heritage Auctions 2018 February 22 - 26 LB Expo US Coins Signature Auction - Long Beach Session(5), 1272/Lot# 5629 $1,440.00


NGC Registry

NGC Registry Score 1849 SMALL G$1 MS HEAD NO L Prooflike
 PrAgGVGFVF4045505355586061626364656667686970
Base24426829532045058660262075283394510131066165821972781381741414431469449355158
25227730336349559160866477987096710301263183723913126392542374518477450090
00000060866477987096710301263183723913126392542374518477400
00000061470880690799010481460201725863471403343344606485400
1849 SMALL G$1 MS HEAD NO L
 PrAgGVGFVF4045505355586061626364656667686970
Base24426829532045058660262075283394510131066165821972781381741414431469449355158
25227730336349559160866477987096710301263183723913126392542374518477450090
00000060866477987096710301263183723913126392542374518477400
00000061470880690799010481460201725863471403343344606485400
Registry Image Gallery
Grade: MS 64
Points: 2781
Owner: Dmat
 
Grade: MS 63
Points: 2391
Owner: Grand Tour
 
View the Registry Image Gallery

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