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1849-C "Closed Wreath" Gold $1.00 NGC MS64+ CAC | by RareGoldCoins.com
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1849-C "Closed Wreath" Gold $1.00 NGC MS64+ CAC

Mintage: 11,634

 

For more information on this coin, please visit our blog post about it: raregoldcoins.com/market-blog/dwn-sells-finest-known-1849...

 

Closed Wreath variety. This is a numismatically significant issue as the first collectable gold dollar from this mint. There is also an 1849-C Open Wreath variety, but it is excessively rare with just five known and few collectors can afford it. A total of 11,638 Closed Wreath coins were produced by the Charlotte Mint in 1849, and an estimated 10 to 15 are known in Uncirculated. Most are in the MS60 to MS61 range and this issue is very rare in MS62 and above. I am aware of four or five that grade MS63 and I have never seen one better than this.

 

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Taken on September 2, 2015