Lot 4246
1854 Kellogg & Co. (San Francisco) $20 Gold. PCGS graded AU-58. An incredible coin with as sharp a strike as we have seen. All details are well defined and the planchet was well prepared. The surfaces are totally original, delicately toned and loaded with frosty mint luster. We note a light (recent) surface scratch on the reverse from the left edge thru the N in SAN.
When the U.S.s Assay Office closed operations, no private firm was striking gold. The San Francisco Mint opened in 1854, but because of a shortage of parting acids, could not yet completely fulfill the local demand and this shortage was taken up by Kellogg & Co. Pop 6, 10 finer.
Estimated Value $12,500 - 15,000.
Recently discovered in Europe.
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| Realized $17,250 |
