LOT #15906 |
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1849 G$1 Closed Wreath MS66 PCGS....
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Sold on Apr 4, 2017 for:
$11,750.00
Bid Source: Internet bidder
Description
1849 Closed Wreath Gold Dollar, MS66
None Numerically Finer at PCGS
1849 G$1 Closed Wreath MS66 PCGS. A substantial mintage of
688,567 gold dollars was accomplished at the Philadelphia Mint in
1849, split between the Open Wreath and Closed Wreath varieties.
The Closed Wreath motif is much scarcer than its Open Wreath
counterpart today, suggesting it accounted for a smaller portion of
the reported mintage. This was the first year of the denomination,
so it seems likely contemporary collectors saved the Open Wreath
coins, which were struck first, for their novelty value. By the
time the Closed Wreath coins were produced, the fascination had
worn off and few were preserved.The present coin is a spectacular Premium Gem, with sharply detailed design elements throughout. Both obverse and reverse show interesting clash marks and the lustrous orange-gold surfaces are impeccably preserved. Eye appeal is extraordinary. Population: 5 in 66 (1 in 66+), 0 finer (2/17).(Registry values: P4)
Coin Index Numbers: (NGC ID# 25BA, PCGS# 7503, Greysheet# 8009)
Weight: 1.67 grams
Metal: 90% Gold, 10% Copper
Auction Info
2017 April 4 - 6 US Coins Signature Auction - Dallas #1253 (go to Auction Home page)
Auction Dates
April, 2017
4th-6th
Tuesday-Thursday
Bids + Registered Phone Bidders: 9
Lot Tracking Activity: N/A
Page Views: 620
Buyer's Premium per Lot:
17.5% of the successful bid per lot.
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