1849-O G$1 MS65 NGC. The novelty of this denomination's initial year and a sizeable mintage of 215,000 pieces resulted in a...

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Elusive Gem Uncirculated 1849-O Gold Dollar

1849-O G$1 MS65 NGC. The novelty of this denomination's initial year and a sizeable mintage of 215,000 pieces resulted in a few hundred coins being spared from circulation and thus available to the 21st century collector. The vast majority of these Mint State survivors, however, are weakly struck MS60-62 examples. Only occasionally are we fortunate enough to offer a '49-O nice enough to warrant an MS64 designation and a Gem has not appeared in a Heritage auction over the past 15 years. The outstanding example offered here varies greatly from side to side. The obverse appears to have been struck from freshly polished, but heavily stressed dies, with numerous wispy die cracks jetting out from the portrait or the stars. The reverse is more satiny in texture and is unusually well struck in all areas. All four digits are clearly discernible, being perhaps a trifle soft on the 4. An important offering for the specialist in Southern gold. Population: 5 in 65, 3 finer (3/05).(#7508) (Registry values: N4719)

Coin Index Numbers: (NGC ID# 25BE, PCGS# 7508, Greysheet# 8056)

Weight: 1.67 grams

Metal: 90% Gold, 10% Copper

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