Expert: Brad Swain - 11/11/2009

Question
I have a 1849 1 Dollar gold coin that has a hole drilled in it at the top.  Its in good condition besides the hole. Can you tell me how much this is worth?

Answer
Hi Marilyn, a genuine 1849 $1 This coin should weigh 1.672 grams and would contain .0484 of an ounce of gold. It may have a mintmark letter below the wreath. It may be worth $50+ with a hole depending on price of gold, amount of wear and collector demand.
Gold and silver values: http://www.kitco.com/market/ .
You might try Ebay.com for similar pieces for comparison.
You might also try a library for a copy of the Guidebook of United States Coins for pictures, values and lots more interesting info.
You might take it by a local coin shop for a first hand opinion: http://find.mapmuse.com/interest/coin_dealers
Brad