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Lot
5630

1853 $20 Moffat & Co. Twenty Dollar AU58 PCGS. K-19, High R.5....

2014 January 8 - 12 FUN US Coin Signature Auction - Orlando #1201

 
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Auction Ended On: Jan 9, 2014
Item Activity: 7 Internet/mail/phone bidders
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Location: Orange County Convention Center
9800 International Drive
Orlando, FL 32819
Description:
1853 Moffat Twenty, K-19, AU58
Struck After Moffat's Departure
1853 $20 Moffat & Co. Twenty Dollar AU58 PCGS. K-19, High R.5. Among the more curious timings of the California Gold Rush private coinages was the striking of this Moffat & Co. twenty dollar issue after the departure of its founder and namesake. It takes its form from the U.S. double eagle with only two substitutions, MOFFAT & CO. for LIBERTY and SAN FRANCISCO CALIFORNIA for UNITED STATES OF AMERICA. This near-Mint representative, though it has light to moderate abrasions, shows only a trace of wear on its still-lustrous wheat-gold surfaces. The 1853 Moffat twenty is rare in any condition but especially in near-Mint. Listed on page 384 of the 2014 Guide Book. Population: 3 in 58, 1 finer (11/13).
From The Klamath Mountain Collection, Part II. (PCGS# 10255)

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