Lot 1137
1849 Mormon $5 Gold. PCGS graded Fine-15. Weakly struck by the dies, and with moderate wear on both sides. The right side of the obverse has some of the lettering worn down, but the central elements of the eye and hat (actually, the all seeing eye of Jehovah and the Phrygian cap, which is the emblem of Mormon priesthood) are clear. Stronger details on the reverse, with all the lettering clear and defined, while the clasped hands are outlined, but show little definition. On the obverse there are some dark areas, most of which appear to be on top of the surface, one above the cap is deeper, and it may have been caused by impurities in the metal. As noted in the Kagin reference, these are always weak at the clasped hands and parts of eye. Probably less than 100 exist in all grades, and this is about average for the grade usually seen.
Estimated Value $3,000 - 4,000.
From Stack's Sale, June 26-27, 1958, lot 304.
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| Realized $4,600 |
