||1849-O G$1 Open Wreath MS64+ NGC. CAC. Variety 2. This is one of three known varieties for the issue, seen here with the mintmark placed lower than Variety 1 and before the reverse was heavily lapped as seen on Variety 3. All 1849-O gold dollars are of the Open Wreath variety as no Close Wreath dies were received in New Orleans in time for the coinage of 1849. Both sides of this high-end near-Gem display yellowish-gold color on lustrous surfaces imbued with traces of light green. The design elements are sharply struck, especially on the obverse, which is typical for the issue. Even the reverse exhibits an above-average strike in the center, an area that is often very weak. Pleasing overall eye appeal, appropriately recognized by CAC. Census: 27 in 64 (2 in 64+), 11 finer (8/14). Ex: Eric P. Newman Numismatic Education Society.
Realized $6168.75. Description courtesy of Heritage Auctions.