Lot 2315
1849 $1 Gold Liberty. No L. PCGS graded MS-63. Old green holder. Splendidly lustrous, both sides of this orange-gold example exhibit oscillating cartwheel effects (PCGS # 7501) .
The stars on the Type 1 Gold Dollar comprise a single uninterrupted circle around the coronet-crested head of Liberty. Contrary to the fashion of the period, where the date was invariably fixed below the head, on this denomination the designer, James Longacre, varied the practice and moved it to the reverse, inside the wreath. 1849 dates. Only those of 1849, are found having either a wreath whose ends are nearly in contact at the top or one that is much wider apart, hence the terms "Closed Wreath" or "Open Wreath."
Estimated Value $1,500 - 1,700.
|
| |
| Unsold |
