Lot 2098
1852 U.S. Assay Office $10 Gold, "884". NGC graded AU-53. Light greenish gold surfaces with the expected abrasions and hairlines. Wear from circulation is contained to the tips of the wings, eagle's neck and eagle's breast. The only sharper hit is an old nick right of the 2 in the date. These issues were produced for a reason and circulation was definitely in the cards of most of these that were struck. The U.S. Assay Office had the role of "normalizing" barter and commerce in this region by providing assay services and producing coinage that were more consistent, reliable and more heavily favored by the public (at the expense of previous dealers and bankers profit margins). A pleasing AU example from a firm that was the foundation for the San Francisco Mint that opened in 1854.
Estimated Value $4,500 - 5,500.
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| Realized $5,175 |
