1849 G$1 Closed Wreath MS66 Certification #26591897, PCGS #7503

Expert Comments

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.

PCGS #
7503
Designer
James Barton Longacre
Edge
Reeded
Diameter
12.70 millimeters
Weight
1.70 grams
Mintage
0
Metal
90% Gold, 10% Copper
Pop Higher
1
Pop Lower
369
Region
The United States of America
Price Guide
PCGS Population
Auctions - PCGS Graded
Auctions - NGC Graded

Rarity and Survival Estimates Learn More

Grades
65 or Better 500 R-6.0 15 / 26 TIE 49 / 81 TIE
All Grades 375 R-6.2 19 / 26 TIE 55 / 81 TIE
60 or Better 25 R-9.0 11 / 26 TIE 27 / 81 TIE
65 or Better 500
All Grades 375
60 or Better 25
65 or Better R-6.0
All Grades R-6.2
60 or Better R-9.0
65 or Better 15 / 26 TIE
All Grades 19 / 26 TIE
60 or Better 11 / 26 TIE
65 or Better 49 / 81 TIE
All Grades 55 / 81 TIE
60 or Better 27 / 81 TIE

Condition Census Learn More

Pos Grade Thumbnail Pedigree and History
1 MS66+ PCGS grade MS66+ PCGS grade

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
MS66+ PCGS grade #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