Lot 1240
1850-C. PCGS graded EF-45. Lightly toned on both sides. Only 6,966 struck. Attractive smooth surface on both sides, reddish gold in color, with mint luster adhering. Sharp legends, date and mintmark; the rims choice as they are free from marks. This smallest denomination United States gold coin was first minted in 1849. This design featured a Liberty head on the obverse while the reverse carried the denomination within a wreath. The concept of a gold dollar coin dates to 1836 when Patterns were issued. Engraver James Barton Longacre prepared the designs and made minor alterations throughout the first year. This example is from the second year and was struck at the Southern Mint of Charlotte, North Carolina, which made gold coins exclusively, no silver, from 1838 until 1861. Pop 10; 56 finer at PCGS. (PCGS # 7510) .
Estimated Value $1,000 - 1,100.
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| Realized $1,821 |
