1849 O Gold U.S. Dollar MS-64 NGC

IPM recommends New Orleans mint coins as a long-term hold in your metals portfolio. Rare coins such as this example have proven to be an incredible investment, showing massive growth in value since the 70's, according to the PCGS 3000 report. This coin has been called one of the "Top 10 New Orleans mint coins to own" by noted numismatist Douglas Winter and is a top recommendation by IPM as well.

According to Winter, “the 1849-O, (a first-year of issue), “is very easy to find in circulated grades, and a presentable AU example can be had for less than $1,000. He said it would be difficult to amass a large number of 1849-O dollars in grades MS-63 and up, but a “decent position of AU-58 to MS-62 coins could be assembled.”

As the first New Orleans Gold Dollar, the 1849-O enjoys considerable allure amongst Gold Dollar enthusiasts and type collectors looking for a first year O Mint. In MS-64 it is seldom seen with only a handful of opportunities available in this grade or finer.