Amazing - another 1849-C Open Wreath gold $1 comes to light

kranky

CW reports possibly only the sixth specimen has been now been reported - the only one known in mint state. It had been in the collection for over 50 years and the holder decided it would be appropriate to offer it in the upcoming DLRC auction because it's one of the few gold coins not in the Richmond Collection. NGC graded it MS63.

Imagine, an incredible rarity, over 150 years old, that has been unknown to the collecting community all that time. What's more, ANOTHER previously unknown piece just was sold last year!

I wonder how many other great rarities have quietly passed from collection to collection over the years and to date have never been publicly reported.

Conder101

Probably a fair number. When you go back more than fifty years you enter a time when numismatic references were not as commonplace and even a fair number of dealers did not have the knowledge available that we do today. Back then it would be quite possible for a variety rarity to be unrecognised. Even today, from time to time important rarities are sometimes found in major auction sales where they have not been recognised by the catalogers, but were identified by specialists examining lots.

clw54

<< <i>I wonder how many other great rarities have quietly passed from collection to collection over the years and to date have never been publicly reported. >>


I don't talk about them much.