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Lot
4362

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

2011 March Sacramento Signature ANA US Coin Auction #1153

 
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Auction Ended On: Mar 18, 2011
Item Activity: 12 Internet/mail/phone bidders
3,338 page views
Location: Sacramento Convention Center
1400 J Street
Hall A
Sacramento, CA 95814

Description:

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. (PCGS# 11502)

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