Lot 1132
1853-D $5 Liberty. Large D. NGC graded MS-62. Typical strike and untoned. Pop 5; 4 in 63; 1 in 64. Both the peripheries and the central reverse are detailed but only about 70% crisp for their sharpness of strike, which is entirely acceptable in a coin from this rare branch mint.
The first to undertake the coining of gold within Georgia was not the federal government but a jeweler and metalsmith named Templeton Reid (1789-1851). First in the town of Milledgeville, and then later in Gainesville, Reid minted gold coins having declared values the same as those of the U. S. Mint -- $2.50, $5 and $10. These coins were similar to the federal issue only in size and value, their designs being highly distinctive. The federal branch mint at Dahlonega, Georgia opened for business in 1838 and continued to mint gold (exclusively) until it closed in 1861 (PCGS # 8255) .
Estimated Value $8,500 - 9,500.
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| Realized $10,350 |
