1849 $5 Moffat & Co. Five Dollar MS62 PCGS....
Noteworthy 1849 Moffat & Co. Five, MS621849 $5 Moffat & Co. Five Dollar MS62 PCGS. K-4a, R.4. Die crumbling is prevalent, but no cud is yet present above the D in GOLD. The straw-gold surfaces are luminous and display no obvious marks. A loupe reveals a solitary hair-thin line on Liberty's neck, and the highpoints of the hair show slight blending of detail. Luster is particularly evident on the reverse. An important example from the first year of private gold coinage in California. Moffat & Co. was the second facility to coin gold, after Norris, Gregg, & Norris. Moffat continued minting through 1853, albeit in the name of the U.S. Assay Office. Listed on page 363 of the 2010 Guide Book. Population: 9 in 62, 5 finer (11/09). (PCGS# 10240)
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