1849 G$1 Closed Wreath MS(PCGS#7503)

February 2025 Showcase Auction - U.S. Coins

Auctioneer

Stack's Bowers

Lot Number

1172

Grade

MS64

Price

4,080

Lot Description

The Close Wreath is the final variety of gold dollar struck in the Philadelphia Mint during the denomination's inaugural year. While lower grades examples are more available than those of the 1849 Open Wreath, the Close Wreath is the more challenging variety of the issue to locate in the finer uncirculated grades, as here. This lustrous, vivid, premium near-Gem example belongs in an advanced gold cabinet. The Generation 3.0 PCGS holder uses coin #7502, which is now reserved for the Open Wreath style of the 1849 gold dollar.