There are currently no items available for purchase in this Department. Search our Auction Archives below to find item values.
Opening Bid
:
Current Bid:
Reserve Amount:

You are the current high bidder on this lot with a secret maximum bid of %bidPretty%.
(%bidBP% w/Buyer's Premium (BP) ).


Notice: You are the current high bidder on this lot, but the next highest bid is within one increment. That means that any additional bids on this lot will outbid you. To increase your chances of winning, enter your highest maximum bid.

You are the current high bidder on this lot with a secret maximum bid of %bidPretty%.
(%bidBP% w/Buyer's Premium (BP) ).

You are the current high bidder on this lot.
(Sign-In to see your maximum bid)

Your secret maximum bid of %bidPretty% has been outbid.

Your secret maximum bid of %bidPretty% does not meet the reserve.

(Sign-In to see your maximum bid)

Your secret maximum bid does not meet the reserve.
(Sign-In to see your maximum bid)

Lot
9035

Count Samuel C. Wass and Agoston P. Molitor founded an assay ...

2002 September Long Beach Signature Sale #300

 
Sold for: Sign-in or Join (free & quick)
Claim Item: Sign-in or Join (free & quick)
Auction Ended On: Sep 28, 2002
Item Activity: 4 Internet/mail/phone bidders
207 page views
Description:
Elusive 1855 Wass, Molitor, & Company Ten, XF45 PCGS
Count Samuel C. Wass and Agoston P. Molitor founded an assay office in San Francisco in October 1851. Both were Hungarian patriots who were expelled from their country by the Austrians. Both had acquired considerable mining and assaying skills from the School of Mines of Germany. They immigrated to California in October 1850 and 1851 respectively. After considerable research they opened an assaying office in October 1851. By the end of the year they were asked by the local merchants to mint coins for circulation since all other private coiners had ceased operations and the U.S. Assay Office was only issuing $50 gold pieces. When the latter was authorized to issue smaller denominations in 1852, Wass Molitor ceased their coining production, only to resume operations in 1855 when the newly established branch mint temporarily closed. At their peak, the firm was striking more than $38,000 a day in twenty and fifty-dollar gold pieces. They finally closed down their coinage operation for good by the end of 1855. These coins had the highest intrinsic value of any of the private gold coiners with an average value of $5.04 per $5 gold piece. They are also among the poorest struck of all private gold coins.

1855 $10 Wass Molitor Ten Dollar XF45 PCGS. K-6, High R.5. This is the so-called "Plugged 5" type as it is believed that the 2 was drilled out of the original die and a 5 substituted before the new 1855 pieces were struck. These coins were struck from dished dies, with the result that the definition is uneven and the reverse is a good 20 points weaker than the obverse. The central reverse on the present coin is certainly more softly detailed than Liberty's portrait, but the obverse periphery is bluntly impressed with only some of the stars evident. Lovely copper-gold color confirms the originality of the expectantly abraded features. We last offered an XF45 PCGS representative of the 1855 Wass Molitor Ten Dollar as lot 7901 in our January 2002 FUN Signature Sale. That coin realized $13,225. Since the appearance of the S.S. Central America coins, the rarity of these pieces have been downgraded from R.7 to High R.5 as there are more than 40 pieces known today. Listed on page 297 of the current Guide Book.
From The Estate of Jack L. Klausen. (PCGS# 10354)

View all of [The Estate of Jack L. Klausen ]
View large image(s) of this item

Service and Handling Description: (view shipping information)

Sales Tax information  | PCGS Guarantee of Grade and Authenticity  |  Terms and Conditions

Bidding Guidelines and Bid Increments

Guides and Pricing Information:

Previous Prices from Heritage Auctions
Sign-in or Join (free & quick)
Price Guide
Sign-in or Join (free & quick)
Population Guide
Sign-in or Join (free & quick)
Find Auction Prices for Comparable Items:

Photographs:
Sign-in or Join (free & quick) to see the full image




FLOOR AUCTIONS View All
Open For Bidding
Coming Soon
HERITAGE MEMBERSHIP
878,401
bidder-members
$962,653,030
sold in the last year
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 26 days left to consign to the 2014 October 8 - 12 PNG New York Invitational Coin Show US Coins Signature Auction - New York!
Learn About Consigning With Us
You have a great company. I have bid with your firm at least 11 years.
V.A.,
New York, NY
HA.com receives more traffic than any other auction house website. To compare for yourself, visit: compete.com
Take our 2014 Coin
and Currency Survey
Grand prize:
A Certified Uncirculated
1907 High Relief $20!*
Take the Survey
HERITAGE VIDEO TUTORIAL
GETTING THE MOST OUT OF SEARCH
RECENT AUCTIONS
2014 July 10 - 13 Summer FUN US Coins Signature Auction - Orlando
2014 July 10 - 13 Summer FUN US Coins Signature Auction - Orlando
REALIZED $9,733,335
2014 April 10-12 & 15-16 CICF World and Ancient Coins Signature Auction - Chicago
2014 April 10-12 & 15-16 CICF World and Ancient Coins Signature Auction - Chicago
REALIZED $14,773,379
2014 April 24 & 28  CSNS World Currency Signature Auction - Chicago
2014 April 24 & 28 CSNS World Currency Signature Auction - Chicago
REALIZED $2,708,143