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This item WAS NOT SOLD. Auction date was 2002 Feb 19 @ 18:00UTC-08:00 : PST/AKDT
Territorial Gold 1849 Moffat & Company $5 Gold. Kagin-4. NGC graded Mint State 61. <b>Struck from perfect dies. Golden mint luster is highlighted by traces of sunset iridescence at the rims and peripheral devices. Surfaces are nearly free of contact marks, showing only light hairlines, which without proper lighting and magnification are nearly undetectable. Typical of the issue, some strike weakness is evident at the hair strands along Miss Liberty's forehead and neck, as well as, the eagle's claws and arrow feathers. Moffat & Co. was far and away the most prominent of the private California gold minting establishments, enjoying an impeccable reputation. Originally, the firm, established in 1849, had four partners, John Moffat as assayer, Joseph Curtis as business manager, Samuel Ward as secretary and Philo Perry as cashier. The institution survived through two issuing periods and was disbanded in 1853 after the three remaining founders, Curtis, Perry and Ward were solicited by the Federal Government to help establish San Francisco's first branch mint. Only $5 and $10 denominations were issued by the original Moffat & Co., the former bearing dates of 1849 and 1850, while the higher denomination varieties all bore the date 1849. The designs by Albert Kuner appeared similar to regular half eagles and eagles then being struck by the U.S. Mint, except Moffat & Co. was inscribed on Miss Liberty's headband, rather than LIBERTY, while on the reverse, S.M.V. (Standard Mint Value) CALIFORNIA GOLD took the place of UNITED STATES OF AMERICA arching above the eagle. All Moffat & Co. coinage is highly sought after. Uncirculated survivors are especially rare and desirable. While lower grade examples are available with some frequency, often years go by between offerings of certified Mint State specimens. This outstanding example ranks among the finest few certified by NGC and has a delightful appearance. Highly recommended.</b> <p align="center">Superior Galleries was founded in 1929 and has been a leader in
the numismatic auction business since 1971.</p> <p align="center"><b>Consignments wanted for June 2 & 3, 2002 Pre-Long Beach Sale.</b></p> <p align="center"><b>Call Steve Deeds</b> at (800) 421-0754 ext 230.</p>
Auction Location:
United States
Previewing Details:
2/11-2/15 from 9am-5:30pm by appointment only; 2/16-2/17 from 9am-5:30pm no appointment necessary
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