DWN Sells Finest Known 1849-C Closed Wreath Gold Dollar

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DWN Sells Finest Known 1849-C Closed Wreath Gold Dollar

I’ve handled more finest known Charlotte gold coins than anyone, but even in 2014 new items enter the market and find my inventory which cause me to gasp aloud. One such coin was the finest known 1849-C Closed Wreath gold dollar, graded MS64+ by NGC and later approved by CAC, which I purchased via private treaty at the recent Baltimore show.

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1849-C CW $1.00 PCGS AU50

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Closed Wreath variety. This popular first-year-of-issue is considerably scarcer than the 1851-C, 1852-C and 1853-C dollars but it sells for only a small premium in the EF and AU grades. As with all examples, the obverse appears more worn than the reverse due to a concave die but this piece is solid for the grade with considerable luster and nice light to medium green-gold color contrasted by some coppery-rose shadings on the obverse. The surfaces are lightly scuffed and show a degree of originality not often seen on this issue. You'd be hard-pressed to find a better 1849-C Closed Wreath gold dollar in this price range.