1849 PG$1 Gold Dollar, Judd-115, Pollock-130, High R.7, PR60 PCGS....

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1849 Gold Dollar With Square Perforation
Judd-115, PR60, Hand-Engraved by James Longacre

1849 PG$1 Gold Dollar, Judd-115, Pollock-130, High R.7, PR60 PCGS. A simply laid-out coin that has a square central perforation. On the obverse, around the perforation, is the legend 1.DOLLAR. 1849. The reverse has a laurel wreath around the perforated center and outside that U. STATES OF AMERICA. Struck in gold with a plain edge.
These are fascinating patterns. The devices were hand-engraved (not struck) by James Longacre, which gives each piece an individuality. According to the Judd reference, the fineness of these pieces ranges from 50% to 100%. From the appearance of this example we would guess it has a lower fineness, as the surfaces are lighter in hue than a gold coin would be if struck from coin gold. Each side is hairlined, explaining the PR60 grade. The pedigree may be confirmed by the darker reddish area beneath the D in DOLLAR and a similar reddish area above the F in OF. This piece has been owned by a veritable Who's Who of pattern collectors.
Ex: F.C.C. Boyd Collection; Dr. J. Hewitt Judd; Abe Kosoff; Dr. Wilkison; Andy Lustig; Jay Roe; Logan and Steinberg Collections (Bowers and Merena, 11/2002), lot 4433; Samuel J. Berngard Collection (Stack's, 7/2008), lot 4163.
This is also the plate coin in the Judd reference, seventh edition, and United States Gold Patterns by David Akers, page 8.

Coin Index Numbers: (NGC ID# 297U, PCGS# 11502, Greysheet# 12100)

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