1849 $1 MS(PCGS#6936)

Spring 2025 Showcase Auction U.S. Coins

Auctioneer

Stack's Bowers

Lot Number

4240

Grade

AU55

Price

1,620

Lot Description

Recently produced and therefore more plentiful in significant domestic dollar holdings, the 1848, 1849, 1850 and 1850-O suffered a higher rate of attrition through export and melting during the early California Gold Rush era than the earlier dated Liberty Seated dollar issues from 1840 through 1847. Indeed, the 1849 is scarcer and more challenging to locate than a relatively generous mintage of 62,600 pieces might imply.