Lot 2728
1849 Moffat & Co. (San Francisco) $5 Gold. NGC graded AU Details, mount removed, tooled. Reeded Edge. Burnished surfaces on both sides. Moffat & Co., who were doing an assaying and gold brokerage business in San Francisco during the summer of 1849, issued rectangular ingots of gold, which passed current in place of circular coins. In the latter part of July or the first of August, a circular $10 piece bearing their private stamp, the first of that denomination to be struck in California and the second coins to be made in the state from the native gold by private coiners appeared. Soon thereafter followed this 1849 $5 denomination.
Estimated Value $1,500 - 1,800.
|
| |
| Realized $1,323 |
