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1850 $5 Mormon Five Dollar XF45 NGC. K-5, High R.5....
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Sold on Oct 2, 2025 for:
$26,400.00
Bid Source: HA.com/Live bidder
Description
1850 Mormon Five Dollar, XF45
K-5, Scarce Date
1850 $5 Mormon Five Dollar XF45 NGC. K-5, High R.5. The
Deseret community settled in the Salt Lake City valley established
its own private mint in 1848, under the supervision of Brigham
Young, and 1849-dated gold pieces were struck in denominations
face-valued equivalently to the federal quarter eagle, half eagle,
eagle, and double eagle (not coined by the United States until
1850), however, the Mormon gold pieces were of inferior intrinsic
value, and eventually most were melted down, rendering any Mormon
gold piece scarce today, and some issues rare. The typical Mormon
gold piece seen in from the 1849-dated production, but small
quantities of five dollar pieces were struck later, using dies
dated 1850, and then again in 1860 using dies with an entirely
different design. The 1850 five dollar piece is rare. It is
believed that only 50 to 75 pieces survive in all grades.This Choice XF example displays mostly uniform olive-gold and deep amber patina over smooth surfaces with light wear. Bits of circulation grime still cling to portions of the peripheral legends. The strike is uneven from misaligned dies, rendering the right-hand margin on each side poorly defined -- a phenomenon seen on several examples of the Kagin-5 issue. Listed on page 402 of the 2026 Guide Book.
Coin Index Numbers: (NGC ID# 6J6X, PCGS# 10265, Greysheet# 11823)
Auction Info
2025 October 2 - 5 GACC US Coins Signature® Auction #1386 (go to Auction Home page)
Auction Dates
October, 2025
2nd-5th
Thursday-Sunday
Bids + Registered Phone Bidders: 22
Lot Tracking Activity: N/A
Page Views: 331
Buyer's Premium per Lot:
20% of the successful bid per lot.
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