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Lot
6865

1854 $20 Kellogg & Co. Twenty Dollar AU53 PCGS. K-1a, R.4....

2012 January 4-8 US Coins & Platinum Night FUN Signature Auction- Orlando #1166

 
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Auction Ended On: Jan 6, 2012
Item Activity: 5 Internet/mail/phone bidders
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Location: Orange County Convention Center
North/South Building
9899 Universal Blvd.
Hall SB - South Building
Orlando, FL 32819

Description:
1854 Kellogg Twenty, K-1a, AU53
Short Arrows Variety
1854 $20 Kellogg & Co. Twenty Dollar AU53 PCGS. K-1a, R.4. Short Arrows. The Kellogg coinage belongs to the third wave of California Gold Rush coinage, the first being the private coinages of Dubosq, Schultz, Moffat, and others, the second the Humbert-U.S. Assay Office pieces. John Kellogg began employment with Moffat & Co. and the U.S. Assay Office under Curtis, Perry, and Ward. When the Assay Office dissolved in December 1853, no gold coinage was being struck, as the San Francisco Mint had yet to open. Kellogg entered a partnership with G.F. Richter, and they made their first twenty dollar gold pieces in February 1854.
On the K-1a the three short arrows are differently shaped, and well away from the ornament edge. On the obverse KELLOGG & CO. is centered on the coronet, and the 4 in the date is higher than the remaining digits. This greenish-gold piece boasts the usual sharp strike over greenish-gold surfaces, with considerable luster remaining under lightly scuffy surfaces. Listed on page 378 of the 2012 Guide Book. Population: 15 in 53, 31 finer (12/11).
Ex: ANA Signature (Heritage, 8/2007), lot 3538. (PCGS# 10222)

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