1849 No-L PCGS MS60 Mintage 1,000- 3rd Lowest Gold Dollar ✅ Cracked Die Error ✅

Description: Easily a $1,850 MS62+ save for the tiny "X" engraved to indicate where the "L" designer's initial should have been. This PCGS-noted graffiti is extremely minor for a Details coin. PCGS has designated "Cracked Reverse Die" for identical coins when submitted under the Mint Error service. ✅ 90% BUYBACK GUARANTEE: Within three years from payment, we will repurchase this gorgeous coin for at least 90% of the purchase price, less Ebay/PayPal fees, sales tax, and postage. Coin and holder must be undamaged. Original buyer only. ✅ GUARANTEED LOWEST PRICE: We will beat any other Ebayer's price by 25% of the difference. Compared coins must be identically certified, aesthetically similar, and in stock. Valid at time of purchase only. Also applies to most of our other certified items. 🔴 FUN FACTS 🔴 Tiny 1,000 mintage, all produced on May 8 as per Mint Director Robert Patterson's notes. Patterson ceased production at 1,000 because the very high relief was causing minting problems such as soft strikes and cracked dies, the latter occurring on this coin. Many tallied in the population reports are resubmissions or crossovers of the same coins, or even misattributed With L's. Mind-blowing $90,000 APR for MS67+ in 9/22 (click the sixth image). Mere second year of California Gold Rush and minted with its actual gold, as per Mint records. Razor sharp strike. This 1,000-mintage key is often softly impressed due to its unique high relief. First year of gold dollars! Produced to compete with private minters such as Bechtlers. Opposite version of 1909-S VDB cent (the only date without the designer's initial versus with it; both first year of type). But the S VDB has 484 times the mintage despite costing far more! Almost all surviving specimens are mint state, no doubt because speculators bought all of them due to their novelty status (first year of gold dollars; only date with high relief; tiny 1,000 mintage; unique star positioning; only date without the "L" designer's initial). Far too rare to promote and from which to profit, so demand and thus prices remain ridiculously low. Dealers instead push extremely common, extremely profitable modern coins. Actually a Pattern because of its unique high relief, incredibly tiny mintage (lower than that of many called official Patterns), very first gold dollar status, unique star positioning, and unique lack of the designer's initial. Extremely easy to authenticate due to the uniquely repunched and positioned stars directly below the bust. And the unique reverse die breaks caused by the die shattering from the high relief. And the lack of an "L"! Easily MS67 after the usual doctoring (mechanical smoothing of the tiny "X". Stick with NGC and PCGS, and ignore excuses from third-tier coin sellers (ask them if they will buy back for 90% less seller's fees as we will for this conservatively graded coin. Or even 10%). Member of prestigious CDN Exchange (aka Greysheet aka Coinplex) since 2011 and one of its top five bidders in dollar volume. Fewer than 300 members worldwide. Click our username to see our other credentials at the top of our homepage. ▶NOTE: Five day return privilege.Easily a $1,850 MS62+ save for the tiny "X" engraved to indicate where the "L" designer's initial should have been. This PCGS-noted graffiti is extremely minor for a Details coin.

Price: 650 USD

Location: Philadelphia, Pennsylvania

End Time: 2024-07-17T22:27:06.000Z

Shipping Cost: 0 USD