There are currently no items available for purchase in this Department. Search our Auction Archives below to find item values.
Opening Bid
:
Current Bid:
Reserve Amount:

You are the current high bidder on this lot with a secret maximum bid of %bidPretty%.
(%bidBP% w/Buyer's Premium (BP) ).


Notice: You are the current high bidder on this lot, but the next highest bid is within one increment. That means that any additional bids on this lot will outbid you. To increase your chances of winning, enter your highest maximum bid.

You are the current high bidder on this lot with a secret maximum bid of %bidPretty%.
(%bidBP% w/Buyer's Premium (BP) ).

You are the current high bidder on this lot.
(Sign-In to see your maximum bid)

Your secret maximum bid of %bidPretty% has been outbid.

Your secret maximum bid of %bidPretty% does not meet the reserve.

(Sign-In to see your maximum bid)

Your secret maximum bid does not meet the reserve.
(Sign-In to see your maximum bid)

Lot
5385

1849 $5 Mormon Five Dollar AU55 NGC. K-2, R.5. Although the Mormons struck gold coins for the benefit of their own economic...

2005 September Long Beach Signature Auction #384

 
Sold for: Sign-in or Join (free & quick)
Make Offer:
Make Offer to Owner

The owner of this Item has been actively participating in the Make Offer to Owner program.
Claim Item: Sign-in or Join (free & quick)
Auction Ended On: Sep 23, 2005
Item Activity: 6 Internet/mail/phone bidders
339 page views
Description:
Choice AU 1849 Mormon Five Dollars
1849 $5 Mormon Five Dollar AU55 NGC. K-2, R.5. Although the Mormons struck gold coins for the benefit of their own economic community, many of the pieces were used to purchase goods throughout the United States. In early 1850, William P. Hort, the assayer of the New Orleans Mint, obtained an example of the Mormon twenty dollar gold piece. After careful inspection, he concluded that the coin was only .892 fine instead of .900 fine and weighed 20% less than the specified weight of the United States' regular issue double eagle. As news of this discrepancy spread, merchants throughout the country started to accept Mormon coinage at 10-25% below face value. Eventually, most of the coins were melted. Better struck than often encountered, this example shows some finger definition on the clasped hands. The light olive and tan-gold surfaces are only minutely grainy and not unduly marked. Listed on page 308 of the 2005 Guide Book.(#10262) (PCGS# 10262)

View large image(s) of this item

Service and Handling Description: Coin/Currency (view shipping information)

Sales Tax information  | NGC Coin Grading Guarantee  |  Terms and Conditions

Bidding Guidelines and Bid Increments

Guides and Pricing Information:

Previous Prices from Heritage Auctions
Sign-in or Join (free & quick)
Price Guide
Sign-in or Join (free & quick)
Population Guide
Sign-in or Join (free & quick)
Find Auction Prices for Comparable Items:

Photographs:
Sign-in or Join (free & quick) to see the full image




FLOOR AUCTIONS View All
Open For Bidding
Coming Soon
HERITAGE MEMBERSHIP
877,796
bidder-members
$961,670,127
sold in the last year
VIEW BENEFITS
  1. Past Auction Values (prices, photos, full descriptions, etc.)
  2. Bid online
  3. Free Collector newsletter
  4. Want List with instant e-mail notifications
  5. Reduced auction commissions when you resell your
    winnings 
CONSIGNMENTS WANTED
Consign to the 2015 January 4 - 5 World & Ancient Coins Signature Auction - New York.
Learn About Consigning With Us
The results were astonishing - - Heritage sold my coins for double the most optimistic price that I had dreamed of!
[ Entire Letter » ]
Louis Bassano, New Jersey State Senate,
Union, NJ
HA.com receives more traffic than any other auction house website. To compare for yourself, visit: compete.com
Take our 2014 Coin
and Currency Survey
Grand prize:
A Certified Uncirculated
1907 High Relief $20!*
Take the Survey
HERITAGE VIDEO TUTORIAL
GETTING THE MOST OUT OF SEARCH
RECENT AUCTIONS
2014 July 10 - 13 Summer FUN US Coins Signature Auction - Orlando
2014 July 10 - 13 Summer FUN US Coins Signature Auction - Orlando
REALIZED $9,734,681
2014 April 10-12 & 15-16 CICF World and Ancient Coins Signature Auction - Chicago
2014 April 10-12 & 15-16 CICF World and Ancient Coins Signature Auction - Chicago
REALIZED $14,773,379
2014 April 24 & 28  CSNS World Currency Signature Auction - Chicago
2014 April 24 & 28 CSNS World Currency Signature Auction - Chicago
REALIZED $2,708,143