1849-D Gold Dollar NGC MS63. First
year of issue for the gold dollar, struck at the Dahlonega
Mint. The present coin is a blazing and lustrous example
of this popular issue among southern-gold specialists.
The Dahlonega Mint only struck gold coins between
1838 and 1861, after which it was seized by the confederate
army. The smallest town that ever struck federal US
coins, Dahlonega is now a small city in Georgia with
a population of 3,800 people. Together with the Charlotte
and New Orleans Mints, these southern Mints have always
attracted gold specialists for their romance and history.
Mintages were mostly small, as it depended on the
amount of gold that was deposited at the Mint. Of
the gold dollar, examples were struck continuously
until the last year of operation in 1861. The first
year had a total mintage of 21,588 coins, of which
approximately 35 to 50 remain in uncirculated condition.
While this is a low number, this makes it one of the
most common Dahlonega issues in mint-state.
While collecting gold dollars by date is a task not
taken by many, presumably because of their size, this
is also the only open wreath issue from the Dahlonega
Mint. As a result, anyone who is building a southern-gold
type set needs an example of this issue, which are
always in demand.
The present piece, graded by NGC as MS-63, is of
premium quality for the grade. A very strong strike,
this must be one, if not the boldly pressed example
of this issue. Lustrous, untoned surfaces show no
major distractions along with full luster. Some blemishes
in the fields, in particular the left obverse field,
show that account for the grade. This coin represents
a rare opportunity to acquire an uncirculated gold
coin from this beloved Mint.
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