How many 1850-O G$1 exist?

stinkinlincoln

Ive read several places that it is believed that between 90-100(various sources and numbers) examples are left for collectors.

From Heriatge,
75 graded by PCGS with 2 64's being at the top.
173 graded by NGC with 1 64 being at the top.


If 248 coins show up as graded, how many can be left out there? There's resubmissions, crossovers, raw coins still in collections, coins that have been melted, and alot of other variables.

Is the number 90-100 really that accurate of a number for the 1850-O G$1?

If not, what is?

Also, I think value is here in terms of survival numbers and price. Look at the 1879-O $20 double eagle's... 75-100 believed to exist and yet they command a greater amount in EF than the highest graded 1850-O G$1...

stinkinlincoln

After a bit of looking through Heritage archives, I found 2 coins that I needed to ask about here.

Coin 1

Coin 2

Can anyone tell me what is going on with the central obverse, at the ear of Liberty? On the AU58 example the ear area looks normal, and the MS61 example has something going on with the same area... Almost resembles a chopmark seen on T$1's... Is this normal for these coins? Im not seeing it on any other 50-O G$1's on Heritage.


Any thoughts? Wheres ambro???

ambro51

Wheres Ambro? At 1:43 in the Morning? ............having a dream that my wife located a prototype 1967 Studebaker and I went to look at it. Looking a little like a chevy monte carlo it was a weird shade of puce with a brown vinyl roof. The clutch felt like something from a farm truck, but the motor purred like a kitten. Inside the right door was a tag with into as to the designer, builder and date of manufacture. It was called a "commander" and had a hawk grill incorporated onto the front end. The clock worked.

My God the mind is a wild thing in the middle of the night........

OK, Heres what I have on the 1850-O. Its the rarest New Orleans gold dollar with a mintage of only 14,000, relate that to 215,000 stuck the year before. QDB suggests the low mintage in '50 was the result of low demand for that denomination by depositors of bullion. Walter Breen states that six die pairs were shipped down from Philadelphia, but he had not been able to determine if there was more than one variety, and QDB does not state there is more than one variety. Some examples do show traces of die rust on the obverse, but the issue is well struck. Akers relates the average grade of the coins he tallied in 1975 was EF41, but QDB notes that more AU coins have came onto the market during the latter part of the 20th century.

Surviving population according to Bowers, Mint State population is 50-70 coins, most in lower grades, with only 14 certified at MS63 and above. Circulated population estimate is 300-400. The top coin may well be the MS64 that Harry Bass had in his collection, purchasing it in 1972.

Hope this helps. PS I think what you see on the obverse of that one coin is a small planchet flake. (mintmade so graded, odd though that it was not noted on the written description)

Heres one currently available.... http://www.goldcoastcoins.com/product_info.php?cPath=37_22&products_id=67

DaveG

Just for comparison's sake, Doug Winter estimates that there are 175 - 250 1850-O gold dollars out there (which is a pretty wide range, actually so there may be more).

stinkinlincoln, I recommend you take the grading service populations with a large grain of salt - they're most likely inflated due to resubmissions.