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    Description

    1849 Mormon Five Dollar, AU50
    Scarce K-2 Variety

    1849 $5 Mormon Five Dollar AU50 NGC. K-2, R.5. The Mormon church authorized and minted gold coinage from the gold dust received as tithes from members of their church who visited California. The first issue consisted of ten dollar pieces, paid out on December 12, 1848, actually predating any coinage by California private mints. Five dollar pieces were minted later, with different emissions dated 1849, 1850, and 1860.
    The present coin is a scarce 1849 five dollar piece, with few signs of circulation, and lustrous, greenish-gold surfaces. The K-2 variety is the only one for the date, and this piece shows the typical strike for the issue, with weakness on the clasped hands, and on the 8 in the date. Census: 3 in 50, 28 finer (10/10). (NGC ID# 2BCE, PCGS# 10262)


    Learn more at the Newman Numismatic Portal at Washington University in St. Louis.

    Auction Info

    Auction Dates
    December, 2010
    2nd-5th Thursday-Sunday
    Bids + Registered Phone Bidders: 17
    Lot Tracking Activity: N/A
    Page Views: 914

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