1849-O (New Orleans) Gold Dollars

Coin / United States of America / 1849 / New Orleans / Gold Dollars / $1 (One Dollar)

The coin in question is a 1849 $1 Gold Dollar, minted in New Orleans (designated by the "O" mint mark). This coin is part of the Gold Dollars series, reflecting the economic practices of the mid-19th century in the United States. It features a diameter of 13 mm and weighs approximately 1.67 grams, composed of gold material, which was a significant factor for its value at the time of minting and continues to maintain importance today. The total mintage for this specific year and type is recorded at 215,000, making it a notable piece among collectors. As a representative of the U.S. currency system, this coin embodies the historical context of American coinage during the Gold Rush era, when gold became an essential aspect of the economy and wealth. Due to its age and the precious metal content, the coin represents not only monetary value but also historical significance and collector interest. Depending on its condition, this coin can command varying prices on the market, often sought after by numismatists and investors alike.