1849 $5 Moffat & Co. MS(PCGS#10240)

June 2023 U.S. Coins Auction

Auctioneer

Stack's Bowers

Lot Number

3490

Grade

VG10

Price

4,560

Lot Description

1849 Moffat & Co. $5. K-4. Rarity-5. VG-10 (PCGS). Handsome honey-orange surfaces are remarkably attractive for a California Gold Rush era $5 that saw this extensive circulation. All major design elements are boldly outlined and allow full appreciation of this classic design. Moffat & Co. was arguably the most important private minting establishment in Gold Rush California, so much so that the firm eventually received the federal contract to serve as the United States Assay Office in the years prior to the opening of the San Francisco Mint. Survivors from the firm's first $5 gold issue of 1849 are particularly popular with collectors. PCGS# 10240. Click here for certification details from PCGS.