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Description

1854 Kellogg & Co. Twenty, K-1b
Rare Uncirculated Example

1854 $20 Kellogg & Co. Short Arrows Twenty Dollar MS60 PCGS. K-1b, R.5. John Glover Kellogg and G.F. Richter were both employed at the United States Assay Office until that institution was dissolved in December 1853. The two men subsequently founded Kellogg & Co. on December 19, 1853. The firm was petitioned by local businessmen to produce coins for the regional economy until the San Francisco Mint could produce sufficient coinage to satisfy the need. Kellogg & Co. responded by striking approximately 300,000 twenty dollar coins in 1854 and 1855.
The present coin is a sharply detailed Mint State example, with pleasing greenish-gold surfaces and vibrant mint luster. This coin represents the K-1b variety, identified by the thin date and Short Arrows on the reverse. Housed in a green label holder. Listed on page 378 of the 2012 Guide Book. Population: 2 in 60, 8 finer (11/11).
From The Klamath Mountain Collection. (PCGS# 10222)

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Auction Dates
January, 2012
3rd-8th
Internet/Mail/Phone Bidders: 15
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