1849-D G$1 MS(PCGS#7507)

June 2026 Showcase Auction U.S. Coins

Auctioneer

Stack's Bowers

Lot Number

2208

Grade

MS63

Price

26,840

Lot Description

A fully original, exceptionally well preserved honey-rose example with razor sharp striking detail throughout. The 1849-D is the first gold dollar produced at the Dahlonega Mint and 21,588 were struck, the highest gold dollar mintage from this mint. The 1849-D is the most frequently encountered Dahlonega Mint gold dollar. Writing in his 2023 reference <em>Gold Coins of the Dahlonega Mint: 1838-1861</em>, Doug Winter provides for 650 to 750 or more survivors in all grades. The majority are at the EF and AU levels, and the prevalence of About Uncirculated coins suggests that many were saved as souvenirs by the public. If true, this is certainly an unusual occurrence for a pre-Civil War era Southern gold coin. In true Mint State the 1849-D is a formidable condition rarity with an extant population (again per Winter) of 50 to 100 examples. Few are original and choice enough to secure CAC approval, as here. The mintage for this issue was achieved using two die pairings that combine a single obverse with two reverse dies. The Winter 1-A variety is believed to have produced between 1,622 and 6,593 examples during July 1849 - the first Dahlonega Mint gold dollars. The Winter 1-B variety accounts for the remaining 14,995 to 19,966 examples coined from late July/early August through the end of the year. Further supporting the theory that many 1849-D gold dollars were saved as first-year souvenirs, Winter 1-A examples are more common than Winter 1-B despite having a significantly lower mintage.<p>