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1849-O G$1 Open Wreath MS65 NGC. CAC. Variety 1....
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Sold on Nov 14, 2014 for:
$11,816.98
Bid Source: Internet bidder
Description
1849-O Open Wreath Dollar
Sharply Struck MS65
Seldom Seen at This Level
1849-O G$1 Open Wreath MS65 NGC. CAC. Variety 1. Ex: "Col."
E.H.R. Green. This variety is attributed by the repunched R in
DOLLAR. The 1849-O Open Wreath dollar is obtainable with little
difficulty in the lower Mint State levels but Gems are seldom seen
and are quite desirable. In fact, NGC and PCGS have graded only 11
MS65s and four pieces finer.The lustrous, greenish-gold surfaces of the present offering exhibit sharply struck design features, including the reverse elements that are often weak on this issue. Moreover, both sides have been well cared for, a significant attribute of this particular coin, for as Winter writes: "Most 1849-O gold dollars are seen with numerous scuffmarks and abrasions." This is a lovely example, well-deserving of the CAC endorsement. Census: 7 in 65, 4 finer (8/14).
Ex: "Colonel" E.H.R. Green; Green Estate; Partnership of Eric P. Newman / B.G. Johnson d.b.a. St. Louis Stamp & Coin Co.; Eric P. Newman @ $17.50; Eric P. Newman Numismatic Education Society.(Registry values: N4719)
Coin Index Numbers: (NGC ID# 25BE, PCGS# 7508, Greysheet# 8056)
Weight: 1.67 grams
Metal: 90% Gold, 10% Copper
Auction Info
2014 November 14 - 15 Selections from the Eric P. Newman Collection Part V US Coins Signature Auction - New York #1215 (go to Auction Home page)
Auction Dates
November, 2014
14th-15th
Friday-Saturday
Bids + Registered Phone Bidders: 8
Lot Tracking Activity: N/A
Page Views: 903
Buyer's Premium per Lot:
17.5% of the successful bid per lot.
Truth Seeker: The Life of Eric P. Newman (softcover)
A powerful and intimidating dealer of the 1960s, backed by important colleagues, was accused of selling fraudulent gold coins and ingots to unsuspecting numismatists. Who would go up against a man like that and, over the course of decades, prove the fraud? Who would expose a widely respected scholar as a thief, then doggedly pursue recovery of coins that the scholar had stolen from an embarrassed numismatic organization, all over the objections of influential collectors who had bought coins with clouded titles? Eric P. Newman would - and did. Reserve your copy today.
A powerful and intimidating dealer of the 1960s, backed by important colleagues, was accused of selling fraudulent gold coins and ingots to unsuspecting numismatists. Who would go up against a man like that and, over the course of decades, prove the fraud? Who would expose a widely respected scholar as a thief, then doggedly pursue recovery of coins that the scholar had stolen from an embarrassed numismatic organization, all over the objections of influential collectors who had bought coins with clouded titles? Eric P. Newman would - and did. Reserve your copy today.
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