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 Open Wreath $1.00 PCGS AU50 CAC

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This issue is popular as a first-year-of-type for the denomination and from this mint as well. It is considerably scarcer than the 1851-C, 1852-C and 1853-C and is second only to the 1850-C in terms of overall rarity from this mint for Type One dollars. This coin is a full AU55 that has been conservativekly graded by PCGS, probably on account of a small mark behind the lower portion of Liberty's bun. It is well detailed with good luster and nice light greenish-gold color. Unlike many 1849-C dollars, this piece has good balance between the obverse and the reverse. I highly recommend this piece for the new collector of Southern gold.