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Estimated Value
Based on recent market data
$86,000
Name or Denominations
Patterns - MS - 1849 G$1 J-115
Issuer
United States
Ruler
NA
Year of Minting
1849
Currency
Dollar (1792-date)
Shape
Round
Rarity
Ultra rare
Weight
NA
Diameter
15 mm
Thickness
NA
Material
Gold
Shape
Round
Edge Type
Plain
Technique
Struck
Front design
Liberty Head
Back design
Wreath
Year of Minting
1849
Ruler
NA
Mint location
Philadelphia
Mint mark
NA
Orientation
Coin alignment
Inscriptions
UNITED STATES OF AMERICA | 1 DOLLAR
Context
: Gold Dollars were not included as part of the American coinage scheme until 1849. When contemplating the new denomination, a concern was the size of the coin. If made of the normal weight, the diameter of a gold dollar was only 14.3 millimeters -- the smallest of any coins then in use in America. A coin so small could be lost easily, so experiments were made to enlarge the diameter of the coin without altering the weight. Judd 115 illustrates that concept. James B. Longacre, who was ultimately responsible for the final designs, cut each of these patterns by hand, adding denticles, stars, lettering, numerals, and a wreath as incuse elements of the die. Because of the hand-engraving, each Judd 115 is unique in the size, placement, and relative positions of the various design elements. Even the shape of the central perforation varies: some are square in shape; others are more rectangular. Researcher David Akers speculated that as many as nine or ten examples existed, but the actual number may be closer to six or seven.
Rarity
Ultra rare
Coin type
Patterns (1792-1859)
In circulation
NA
Demonetized
No
Marketplace listings
0
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