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: $72.22 (10/14/2019)
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: 394
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: 10/8/2019 1849 SMALL HEAD NO L G$1 MS
 PrAgGVGFVF4045505355586061626364656667686970Total
Base-------141542451915885231152--392
---------------1---1--2
--------------13------4
----------------1-----1
Total-------141542451915989241153--399
 -------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
11/12/2000 PCGS MS 64   Teletrade Auction 1376, 1376/Lot# 1293 $2,743.00
9/6/2004 PCGS MS 63   Goldberg September 6-7, 2004 Pre-Long Beach Coin Auction, 26/Lot# 1476 $1,495.00
12/1/2008 NGC MS 62   David Lawrence Rare Coins Monday - Internet Auction # 305, 311/Lot# 1375 $1,138.50
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
4/24/2013 PCGS MS 65   Heritage Auctions 2013 April 24 - 28 CSNS US Coin Signature Auction - Chicago Session(5), 1184/Lot# 4430 $9,987.50
3/28/2014 PCGS MS 64   Stack's Bowers March 2014 Baltimore Auction, 6008/Lot# 6157 $1,645.00


NGC Registry

NGC Registry Score 1849 SMALL G$1 MS HEAD NO L Prooflike
 PrAgGVGFVF4045505355586061626364656667686970
Base4344504776847548829089419741044120615521843196923352699381754377808102261104711917
439459546707797891919952997109813211649188520912456307243576227861410500113370
00000091995299710981321164918852091245630724357622786141050000
000000930963102111521437174619272213257834444897701894201077300
1849 SMALL G$1 MS HEAD NO L
 PrAgGVGFVF4045505355586061626364656667686970
Base4344504776847548829089419741044120615521843196923352699381754377808102261104711917
439459546707797891919952997109813211649188520912456307243576227861410500113370
00000091995299710981321164918852091245630724357622786141050000
000000930963102111521437174619272213257834444897701894201077300
Registry Image Gallery
Grade: MS 64
Points: 2699
Owner: Dmat
 
Grade: MS 63
Points: 2456
Owner: Grand Tour
 
View the Registry Image Gallery

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