1849 Gold Dollar. Open Wreath, No L. MS-65 (PCGS).A satiny and exquisite Gem, both sides are sharply struck throughout with lovely rose-orange patina. Popular with the contemporary public as well as todays collectors, the 1849 No L was the first regular issue gold dollar produced in the Philadelphia Mint. One thousand examples were struck on May 8 of that year, many of which have survived in Mint State due to having been saved at the time of issue. Even so, this MS-65 is conditionally scarce and certainly destined for inclusion in an advanced collection.