Desirable AU 1850 Moffat & Co. Five-Dollar Gold
1850 Moffat & Co. $5. K-7. Rarity-4. AU-50 (PCGS).
Satin to softly frosted in texture, this handsome coin is further adorned with warm medium gold color. Well defined for a lightly circulated privately issued coin from Gold Rush California, significant softness is confined to the high points of Liberty's portrait and, on the reverse, the eagle's right wing. Other features, however, are suitably bold, and there is certainly much to recommend this handsome AU example to the discerning collector. Writing in the excellent new reference America's Golden Age: Private & Pioneer Gold Coins of the United States 1786-1862 (2023), Don Kagin and David McCarthy observe, "At least four minor positional varieties of 1850 Moffat $5 are known." The offered coin was struck from a late state of its pairing, both sides with evidence of light die rust throughout and the reverse with several bold peripheral cracks at lower right that include a cud break involving the bases of the letters OL in DOL.
PCGS# 10243. NGC ID: ANJ6.
Price realized | 5'000 USD |
Starting price | 1 USD |
Estimate | 11'000 USD |