1850 $5 Moffat & Co. MS(PCGS#10243)

August 2019 ANA U.S. Coins Auction Rosemont, IL

Auctioneer

Stack's Bowers

Lot Number

2361

Grade

AU58

Price

7,200

Lot Description

1850 Moffat & Co. $5. K-7. Rarity-4. AU-58 (NGC). A lovely example with mottled khaki and olive-gold patina with scattered deep rose and pale blue iridescence. Lightly worn on both sides, all features are readily appreciable, including the lettering within Liberty's coronet. Attractive overall. In their day these coins circulated widely and became a staple in commerce. Today they remain fairly scarce. 1850 represented the last year in which Moffat produced coins of the $5 denomination. After that they were preoccupied with the Treasury Department to work with Augustus Humbert and also to conduct the United States Assay Office of Gold. Provenance: From The Dr. Andrew Mitchell Collection. PCGS# 10243. NGC ID: BCU5. Click here for certification details from NGC.