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***Auction Highlight*** 1849 Moffat & Co K-4 Moffat California Gold $5 Graded Choice Au+ By USCG (fc

Currency:USD Category:Coins & Paper Money Start Price:25.00 USD Estimated At:2,375.00 - 9,500.00 USD
***Auction Highlight*** 1849 Moffat & Co K-4 Moffat California Gold $5 Graded Choice Au+ By USCG (fc
***Auction Highlight*** 1849 Moffat & Co K-4 Moffat California Gold $5 Graded Choice Au+ By USCG. The 1849 Moffat & Co. five dollar gold piece closely resembles the design for the contemporary federal half eagle, but with MOFFAT & CO. on the coronet instead of LIBERTY and a different legend on the reverse. This lustrous Choice AU specimen is sharply detailed for a Territorial issue and the pleasing green and orange-gold surfaces are lightly abraded. One of the most important private minting firms to service specie-starved Gold Rush California, Moffat & Co. was so highly regarded among the contemporary public that it eventually received the federal contract to serve as the United States Assay Office, itself a predecessor to the San Francisco Mint. Issuing its first coins in 1849, Moffat & Co. produced both five dollar and ten dollar gold pieces in that year. This example is Tied for 12th Finest know. I have included an example of another au58 for your comparison. I think it confirms our au55+ as a solid grade! A Corey's Pick, Bid to Win, Don't let it get Away, you might not find its equal Coin. I give this coin my highest recommendation