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

Description

K-6 1860 Mormon Five Dollar
The Clapp-Eliasberg Coin, AU50

1860 $5 Mormon Five Dollar AU50 NGC. K-6, High R.5. The Mormon half eagles of 1860 are dated a full decade after the last previous issues in the series, the 1850 half eagles struck at the Mint in Great Salt Lake City. The earlier issues had been overseen by Brigham Young, spiritual leader of the Mormons and (from 1850 to 1858) governor of the Utah Territory. By 1860, however, conflict between the residents of Utah Territory and the federal government had ended with a non-Mormon governor, Alfred Cumming, in power.
For this reason, the 1860 issue has something of an "underground" character to it. The 1860 Mormon half eagles bear different designs from their predecessors, with a recumbent lion surrounded by HOLINESS TO THE LORD on the obverse and an eagle-and-beehive motif on the reverse. (The obverse motto is in the phonetic Deseret alphabet, which was promoted by Brigham Young but saw only limited adoption and fell out of use after Young's death.) The pieces were made in the "Deseret Assay Office," actually a jeweler's office, instead of an official mint, and when the (temporal) authorities learned of the half eagles' production, they quashed the project. Today, the 1860 Mormon half eagles are rare regardless of grade.
This is the Clapp-Eliasberg example of the 1860 Mormon five dollar, described as "VF-30" in the Eliasberg catalog; today's AU50 rating is more accurate, judging by the level of gold-orange luster remaining on each side. The cataloger wrote of the surfaces: "Light yellow gold. A few marks and scratches typical of the grade." This is more or less accurate, though with the possible exception of a flaw to the left of the lion's mouth, calling anything on this piece a "scratch" is overstating the problem. A rim nick at the bottom of the reverse is the most obvious pedigree marker. Listed on page 381 of the 2011 Guide Book.
Ex: B.H. Collins; J.M. Clapp; Clapp Estate; Louis E. Eliasberg, Sr.; Eliasberg Collection (Bowers and Merena, 5/1996), lot 376.
(NGC ID# 2BCG, PCGS# 10268)

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

Sales Tax information  | NGC Coin Grading Guarantee  |  Terms and Conditions

Bidding Guidelines and Bid Increments

Glossary of Terms

Auction Info

Auction Dates
February, 2011
3rd-6th
Internet/Mail/Phone Bidders: 16
Members Tracking: N/A
Page Views: 4,353

Buyer's Premium per Lot:
15% of the successful bid (minimum $14) per lot.

Heritage membership

945,723
bidder-members
$894,134,022
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 36 days left to consign to the 2015 December 10 - 12 World Coins Signature Auction - Hong Kong!

Learn about consigning with us

I think your auction firm is an asset to the hobby.
J.H. ,
Durango, CO
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 August 12 - 16 ANA US Coins Signature Auction - Chicago
2015 August 12 - 16 ANA US Coins Signature Auction - Chicago
REALIZED $34,801,934
2015 August 13 ANA World and Ancient Coins Platinum Night Auction
2015 August 13 ANA World and Ancient Coins Platinum Night Auction
REALIZED $9,698,676
2015 August 13 ANA Currency Platinum Night Auction - Chicago
2015 August 13 ANA Currency Platinum Night Auction - Chicago
REALIZED $1,870,380

© 2015 Heritage Auctions | All Rights Reserved