This week's Featured Web Page is from the Heritage web site, featuring a hand-engraved gold dollar pattern. Lot 4362 in the firm's upcoming March 2011 sale, the coin was highlighted as a "Seldom Seen Selection" in the Heritage email newsletter this week. Interesting coin!
1849 Gold Dollar With Square Perforation
Judd-115, PR60, Hand-Engraved by James Longacre
1849 PG$1 Gold Dollar, Judd-115, Pollock-130, High R.7, PR60 PCGS. A simply laid-out coin that has a square central perforation. On the obverse, around the perforation, is the legend 1.DOLLAR. 1849. The reverse has a laurel wreath around the perforated center and outside that UNITED STATES OF AMERICA. Struck in gold with a plain edge.
These are fascinating patterns. The devices were hand-engraved (not struck) by James Longacre, which gives each piece an individuality. According to the Judd reference, the fineness of these pieces ranges from 50% to 100%.