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Lot
7607

MORMON $5 1849

1993 ANA Sale #107

 
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Auction Ended On: Jul 30, 1993
Item Activity: 2 Internet/mail/phone bidders Number of Bidders
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Description:
PCGS 1849 Mormon Five-Dollar AU 50. K-2, R.5. Held in low esteem at the time of their issuance because of their low gold content, most Mormon gold coins were melted in the 1850s and today they are great rarities and highly prized by collectors. R This piece is the equivalent in grade to the Kagin plate coin that we sold in last year's ANA Sale and is tied with 4 other coins for second finest known honors. While these pieces are characteristically weak in the centers, this piece shows good detail on the clasped hands and only the slightest softness on the top of the eye. There is a light reddish color over both sides, and the only distinguishing mark is a nick between the 8 and 4 in the date. Listed on page 277 of the 1993 Guide Book. (PCGS# 10262)

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