1849 Gold Dollar. Open Wreath, No L. MS-64 (NGC). OH. Lustrous satin to softly frosted surfaces are further enhanced by vivid medium gold patina. Captivating Choice Uncirculated quality for the famous introductory gold dollar type without a designers initial L (for Longacre) on the bust truncation. From the Collection of Steve Studer. From the Collection of Steve Studer.