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1850-O Gold $1.00 PCGS MS63 | by RareGoldCoins.com
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1850-O Gold $1.00 PCGS MS63

Mintage: 14,000

 

The 1850-O is the rarest gold dollar ever produced at the New Orleans. It sells for less in higher grades than the more common 1855-O, but the latter issue, because of its one-year type status, is in greater demand amongst a larger variety of collectors. The 1850-O is generally seen in the EF40 to AU50 grades. There are a few dozen known in Uncirculated with the great majority in the MS60 to MS61 range. Properly graded MS62's are rare and this is a very rare coin in full MS63 with just six graded as such by PCGS and two finer (both MS64's).

 

This moderately abraded example is well-struck with nice luster and a pleasing appearance. A few scuffs can be seen on the obverse; the reverse is very choice. Both sides display medium orange-gold hues.

 

Despite increased popularity in New Orleans gold coins and gold dollars in general, the pricing of this condition rarity has stayed flat, making it a very good value in my opinion.

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Taken on May 19, 2014