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Description

1849 Mormon Five Dollar, K-2, VF20 Details

1849 $5 Mormon Five Dollar--Cleaned--ANACS. VF20 Details. K-2, R.5. Had the coiners at the Deseret Assay Office been either more skillful or accurate in their refining and minting activities, more collectors today would be able to afford an example of Mormon territorial gold coinage. Since the Mormon gold issues were both of low fineness and lightweight, they were only accepted at a substantial discount and, as such, many were melted during the Gold Rush era. The relatively few coins that managed to escape the melting pots saw circulation, and many today are found worn or impaired. The current piece is actually nicer than indicated on the ANACS holder. The signs of cleaning are minimal, and the overall eye appeal of this coin is above average for the type. Listed on page 365 of the 2008 Guide Book. (NGC ID# 2BCE, PCGS# 10262)

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Auction Dates
February, 2008
14th-16th
Internet/Mail/Phone Bidders: 6
Members Tracking: N/A
Page Views: 471

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