Lot 1995
1850 Baldwin & Co. (San Francisco) $5 Gold. PCGS graded AU-55. Here is a wonderful coin! This exact specimen was found off Fisherman's Wharf in San Francisco in 2000 by a couple with a metal detector. The coin was unearthed when several buildings were being shored up alongside the water, and the sea water had been diverted in order to complete the work. Using their metal detector, several coins were found, including this magnificent and historic coin. The surfaces show a lovely coppery gold color, and there are no significant marks or bumps. We can detect no signs that the coin was buried or underwater. According to the finder, the coin was buried in several inches of mud, so the tide would not have affected the surfaces. PCGS has only graded 2 as such, with 3 others in AU grades higher, and a single Mint State-61 coin at the top of their Population Report. An excellent companion to the Vaquero $10 we have in this same sale! Don't miss either one. Accompanied with a copy of the newspaper article reporting this discovery.
Estimated Value $17,500-UP.
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