PCGS: The Standard for the Rare Coin Industry

1849 G$1 Closed Wreath (Regular Strike)

Series: Liberty Gold Dollars 1849-1889

PCGS MS66+

PCGS MS66+

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REVERSE COMPARISON

REVERSE COMPARISON

PCGS MS66

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
Current Auctions - PCGS Graded
Current Auctions - NGC Graded
For Sale Now at Collectors Corner - PCGS Graded
For Sale Now at Collectors Corner - NGC Graded

Rarity and Survival Estimates Learn More

Grades Survival
Estimate
Numismatic
Rarity
Relative Rarity
By Type
Relative Rarity
By Series
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 Image Pedigree and History
1 MS66+ PCGS grade PCGS #7503 (MS)     66+

Simpson collection

2 MS66 PCGS grade  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
PCGS #7503 (MS)     66+ #1 MS66+ PCGS grade

Simpson collection

 MS66 PCGS grade #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
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.