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Lot
3696

1860 $5 Mormon Five Dollar Genuine PCGS. K-6, High R.5....

2010 August Boston, MA Signature & Platinum Night ANA Coin Auction #1143

 
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Auction Ended On: Aug 11, 2010
Item Activity: 7 Internet/mail/phone bidders
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Location:

Hynes Convention Center
900 Boylston Street
Boston, Massachusetts 02115

Description:
1860 Mormon Five Dollar, K-6
Deseret Alphabet Obverse
1860 $5 Mormon Five Dollar Genuine PCGS. K-6, High R.5. The PCGS number ending in .98 suggests Damage as the reason, or perhaps one of the reasons, that PCGS deemed this coin not gradable. In our opinion, this piece has the details of an AU specimen that has been damaged, tooled, and whizzed.
The Deseret alphabet was an ambitious attempt to reform written language, commissioned by Brigham Young in what is now Utah and championed by him until his death in 1877. Despite his efforts, the alphabet was not widely adopted. Most surviving 19th century examples of the Deseret alphabet are written records and printed books, which were mainly basic readers and religious texts.
The symbols were also wrought in gold on an issue of five dollar coins in 1860, as the motto HOLINESS TO THE LORD around a recumbent lion. This example is one of perhaps 31 to 45 pieces known today. Both sides are lightly worn, and heavily abraded yellow-gold surfaces have been smoothed out and brightened. Still, an important example of this historic Western issue. Listed on page 381 of the 2011 Guide Book.

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