The coin is just a 2009 Presidential dollar. The dual date 1849-1850 is the term of office he served. Value is $1- it's made of brass, not gold.
Zachary Taylor
The coin is a 2009 one dollar coin. It has NO GOLD in it, the dates 1849-1850 are his term as president and the date, mintmark and motto are on the edge of the coin. It's just a dollar.
Nobody knows that. It likely will still be just a dollar.
The year span of the California Gold Rush was 1848-1855. The United States president from 1848-1849 was James K. Polk. From 1849-1850 was Zachary Taylor. The president from 1850-1853 was Millard Fillmore. When the Gold Rush ended in 1855, Franklin Pierce was the president.
During President Zachary Taylor's administration (1849-1850), the currency used in the United States was the U.S. dollar, which was subdivided into cents. At that time, various forms of currency circulated, including gold and silver coins, as well as paper money issued by banks. The Coinage Act of 1792 established the dollar as the standard unit of money, and it remained in use throughout Taylor's presidency.
James Knox Polk was the president when gold was discovered in 1848. The gold rush was still going on when Zachary Taylor took office on March 4, 1849.
Retail value is $1.25 for a MS-65 example and it's not gold the brass outer layer gives that color
California Gold Rush.
There is only ONE U.S. 1849 Twenty Dollar (Double Eagle) gold coin. It's a national treasure that is in the Smithsonian collection. The coin is priceless.
The U.S. Mint did not produce any gold dollar coins until 1849.
All Presidential Dollars have their dates and mint marks on the coins' edge. Those with a portrait of Zachary Taylor were minted in 2009. Remember that they're brass, not gold, and only worth $1.
Please look at the coin again. No U.S. one dollar gold coins were made until 1849.