1849 G$1 Closed Wreath (Regular Strike)

Series: Liberty Gold Dollars 1849-1889

PCGS MS66+

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PCGS MS66

PCGS #:: 7503

Designer:: James Barton Longacre

Edge:: Reeded

Diameter:: 12.70 millimeters

Weight:: 1.70 grams

Mintage:: N/A

Mint:: Philadelphia

Metal:: 90% Gold, 10% Copper

Auction Record:: $25,850 • MS66 • 08-16-2015 • Heritage Auctions

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Rarity and Survival Estimates Learn More

Grades	Survival Estimate The Survival Estimate represents an average of one or more experts' opinions as to how many examples survive of a particular coin in three categories: 1) all grades, 2) 60 or better, and 3) 65 or better. These estimates are based on a variety of sources, including population reports, auction appearances, and personal knowledge. Survival estimates include coins that are raw, certified by PCGS, and certified by other grading services.	Numismatic Rarity Numismatic Rarity converts the Survival Estimate for a particular coin into a number from 1 to 10 (with decimal increments) based on the PCGS Rarity Scale. The higher the number, the more rare the coin.	Relative Rarity By Type Relative Rarity By Type ranks the rarity of this coin with all other coins of this Type. Lower numbers indicate rarer coins.	Relative Rarity By Series Relative Rarity By Series ranks the rarity of this coin with all other coins of this Series. Lower numbers indicate rarer coins.
All Grades	500	R-6.0	15 / 26 TIE	49 / 81 TIE
60 or Better	375	R-6.2	19 / 26 TIE	55 / 81 TIE
65 or Better	25	R-9.0	11 / 26 TIE	27 / 81 TIE

Survival Estimate
All Grades	500
60 or Better	375
65 or Better	25

Numismatic Rarity
All Grades	R-6.0
60 or Better	R-6.2
65 or Better	R-9.0

Relative Rarity By Type All Specs in this Type
All Grades	15 / 26 TIE
60 or Better	19 / 26 TIE
65 or Better	11 / 26 TIE

Relative Rarity By Series All Specs in this Series
All Grades	49 / 81 TIE
60 or Better	55 / 81 TIE
65 or Better	27 / 81 TIE

Condition Census What Is This?

Pos	Grade	Pedigree and History
1	MS66+ PCGS grade	Simpson collection
2	MS66 PCGS grade	Dr. & Mrs. Steven Duckor
2	MS66 PCGS grade
2	MS66 PCGS grade
5	MS65 PCGS grade
5	MS65 PCGS grade
5	MS65 PCGS grade
5	MS65 PCGS grade
5	MS65 PCGS grade
5	MS65 PCGS grade

#1 MS66+ PCGS grade

Simpson collection

#2 MS66 PCGS grade

Dr. & Mrs. Steven Duckor

#2 MS66 PCGS grade

#5 MS65 PCGS grade

David Akers (1975/88): This is the most common variety of 1849 gold dollar and its mintage is probably on the order of half of the 688,567 total mintage reported for the year at the Philadelphia Mint. Choice specimens are reasonably available, although they are certainly not as common as as for 1851, 1852, 1853, or 1854.

Ron Guth:

The first Gold Dollars debuted in 1849, the result of a large influx of gold from California. The first versions were of the Open Wreath variety, showing the tips of the wreath distant from the 1 of the denomination. Later in the year, the Closed Wreath variety became the design of choice and was used until the end of the Type I series in 1854. According to researcher John Dannreuther, the 1849 Closed Wreath design only appears on one die variety (his D-5).

The 1849 Closed Wreath Gold Dollar is far less common than the Open Wreath version, yet it can be found with relative ease in Mint State. Average Uncirculated (MS63) examples appear to be the most available, followed by MS64. Gems are scarce but not rare, and PCGS has yet to grade an example better than MS66.