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Lot
5998

1850 $5 Mormon Five Dollar VF35 NGC. K-5, High R.5....

2013 January 9-14 US Coin FUN Signature Auction - Orlando #1181

 
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Auction Ended On: Jan 10, 2013
Item Activity: 5 Internet/mail/phone bidders
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Location: Orange County Convention Center
North/South Building
9400 Universal Blvd.
Orlando, FL 32819

Description:
K-5 1850 Mormon Five Dollar, VF35
Sole Mormon Issue of Year
1850 $5 Mormon Five Dollar VF35 NGC. K-5, High R.5. Rich orange-gold color with significant violet elements through much of the fields, an indicator of copper. The clasped-hands obverse motif and crowned eye on the reverse have their outlines intact, though the obverse shows a degree of rim merging that reaches the S in DOLLARS. Little "raw" California gold was available to sustain coinage production in Utah and non-Mormons found the coinage suspect, so the 1850 issue cut back from four denominations in 1849 to just one. Previously graded VF35 by PCGS; insert accompanies lot. Listed on page 389 of the 2013 Guide Book. (PCGS# 10265)

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