Lot 1993
1849 Moffat & Co. (San Francisco) $5 Gold. ICG graded MS-62. This appears to be Kagin-4, but struck from severely rusted dies, which have been lapped to reduce the rust, nearly removing the star above Liberty's head. One of the first issuers of gold in the wild days of the California Gold Rush, this important specimen is sure to please the collector for its fresh surfaces. The grade is optimistic, but with the coin struck from worn, cracked and rusted dies, these things are a matter of opinion. As always, and we can't say it often enough, please make up your own mind as to the grade (read value here) of this and all coins prior to bidding.
Estimated Value $7,500-UP.
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| Realized $6,613 |
