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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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Auction Dates
January, 2013
9th-14th
Internet/Mail/Phone Bidders: 5
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