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1849-C "Closed Wreath" Gold Dollar Obverse     1849-C "Closed Wreath" Gold Dollar Reverse


1849-C ONE DOLLAR - GOLD

Mintage:
Circulation strikes: 11,634
Proofs: 0

Designer: James Barton Longacre

Diameter: 12.7 millimeters

Metal content:
Gold - 90%
Other - 10% 

Weight: 25.8 grains (1.7 grams)

Edge: Reeded

Mintmark: "C" (for Charlotte, North Carolina) below the wreath on the reverse

Images courtesy of The Charlottegold Company

Varieties:
Open Wreath on reverse - 4 known
Closed Wreath on reverse

Notes:
The discovery of vast quantities of gold in California prompted the issuance of a new American coin in 1849 - the Gold Dollar.  Each of the four U.S. Mints in operation at the time (Philadelphia, New Orleans, Dahlonega and Charlotte) produced Gold Dollars, with Charlotte contributing 11,634 coins to the total.

The finest "Closed Wreath" examples graded by PCGS are 4 MS-63's.

The finest "Open Wreath" example graded by PCGS are 2 AU-58's.

Significant examples:
PCGS MS-63.  Sold as part of the "North Georgia Collection" of Southern Gold coins in January, 1999 by Heritage Numismatic Auctions.

PCGS MS-63.  Ex- Heritage Numismatic Auctions, Inc.'s "October 2000 Long Beach Sale" October 5-7, 2000, Lot 7455, "Closed Wreath", illustrated, sold for $14,375.00  Ex: February 2000 Long Beach Sale (Heritage, 2/00), lot 6604, where it realized $17,250

Recent appearances:
Brilliant Uncirculated.   Ex- Stack's "The September Sale", September 12-13, 2000, Lot 1343,"Closed Wreath" @$8,337.50

Sources and/or recommended reading:
"The PCGS Population Report, April 2004" by The Professional Coin Grading Service