Menu
Welcome Sign-In | Join Now
Sold for Sign-in or Join (free & quick) includes Buyer's Premium (BP) 

Description

Well Defined Wass, Molitor Fifty, XF45 Details

1855 $50 Wass Molitor Fifty Dollar--Reverse Damage, Improperly Cleaned--NCS. XF45 Details. The establishment of Wass, Molitor & Co. provided stiff competition for the quasi-official Moffat & Co. This loss of business was expressed in a letter to the Treasury Department (taken from Bowers' masterful A California Gold Rush History:

"To these representations we have now to add that the state of things above described [the shortage of lower denomination gold] has been continually growing worse; that a private establishment (that of Wass, Molitor & Co.) without reputation or responsibility, commenced operations early last week; that its issues are at a premium of 2 to 3 percent over those of this office; that the business of this office has nearly ceased, and not having been for the last 30 days sufficient to pay its current expenses, a humiliating and lamentable position for a government establishment."

The Reverse Damage mentioned on the insert appears to actually be not so much damage in the usual sense of the word, but rather tooling on the lower part of that side. There also are light, horizontal pinscratches in the center of the reverse. The surfaces are noticeably bright, this explaining the Improperly Cleaned designation. A rim bump is noted at 8 o'clock on the obverse, as well as numerous small to medium sized abrasions, most of which are scattered over the reverse. The striking definition is uncommonly strong on this piece with only slight loss of detail on Liberty's hair curls and the coronet. The reverse is uniformly well struck. (PCGS# 10363)

Service and Handling Description: Coins & Currency (view shipping information)

Sales Tax information  |  Terms and Conditions

Bidding Guidelines and Bid Increments

Glossary of Terms

Auction Info

Auction Dates
August, 2007
8th-12th
Internet/Mail/Phone Bidders: 5
Members Tracking: N/A
Page Views: 387

Buyer's Premium per Lot:
15% of the successful bid (minimum $9) per lot.

Heritage membership

941,630
bidder-members
$883,856,462
sold in the last year

Join Now - It's Free

VIEW BENEFITS
  1. Past Auction Values (prices, photos, full descriptions, etc.)
  2. Bid online
  3. Free Collector newsletter
  4. Want List with instant e-mail notifications
  5. Reduced auction commissions when you resell your
    winnings 

Consignments wanted

Only 42 days left to consign to the 2015 October 29 - November 2 US Coins Signature Auction - New York!

Learn about consigning with us

Your company always strives to accommodate any reasonable request.
E.H. ,
Ft. Worth, TX
View More Testimonials

HA.com receives more traffic than any other auction house website. To compare for yourself, visit: compete.com

Video tutorial

Getting the most out of search

Recent auctions

2015 July 9 - 12 Summer FUN US Coins Signature Auction - Orlando Summer FUN
2015 July 9 - 12 Summer FUN US Coins Signature Auction - Orlando Summer FUN
REALIZED $8,308,723
2015 April 9 - 14 CICF World Coins & Ancient Coins Signature Auction - Chicago
2015 April 9 - 14 CICF World Coins & Ancient Coins Signature Auction - Chicago
REALIZED $6,503,481
2015 April 22 - 28 CSNS Currency Signature Auction - Chicago
2015 April 22 - 28 CSNS Currency Signature Auction - Chicago
REALIZED $10,592,191

© 2015 Heritage Auctions | All Rights Reserved