Sold for: Sign-in or Join (free & quick)
includes Buyer's Premium (BP) 

    Description

    Rare 1849 Mormon Five Dollar, XF45

    1849 $5 Mormon Five Dollar XF45 PCGS. K-2, R.5. After the Gold Rush in California began in earnest in 1848, at the end of that year enough gold dust had found its way into the Mormon's church treasury to begin private gold coinage. On November 25th of that year, Brigham Young, John Kay, and John Taylor got together and created the symbols used on these unique and interesting territorial coins. Apparently official production records were not kept (or have subsequently been lost) and today we do not know the exact number of pieces struck. However, Breen estimates the total to be around 5,300 coins. Of course, far fewer are extant today as most were melted in the 1850s because they were underweight and of little use in the channels of commerce. This is the first of the three Five Dollar issues produced by the Deseret Assay Office and it is a rare coin, especially above Very Fine. The surfaces are bright green-gold with rich accents of coppery-red around the devices. Sharply defined on each side, the only noticeable mark is a short cut in the obverse field below the right corner of the miter's cap. This is the most common of the Mormon coinage and is quite attractive. Listed on page 301 of the 2002 Guide Book.
    From The Estate of Jack L. Klausen. (NGC ID# 2BCE, PCGS# 10262)


    View all of [The Estate of Jack L. Klausen ]

    Fees, Shipping, and Handling Description: (view shipping information)

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

    Bidding Guidelines and Bid Increments

    Glossary of Terms

    Auction Info

    Auction Dates
    September, 2002
    26th-28th Thursday-Saturday
    Bids + Registered Phone Bidders: 6
    Lot Tracking Activity: N/A
    Page Views: 401

    Buyer's Premium per Lot:
    15% of the successful bid (minimum $6) per lot.

    Heritage membership

    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 
    Consign now
    • Cash Advances
    • More Bidders
    • Trusted Experts
    • Over 200,000 Satisfied Consignors Since 1976
    Consign to the 2017 June 21 - 23 World Coins Signature Auction - Hong Kong.

    Learn about consigning with us

    I have been very pleased with the quality of coins offered and the efficiency and courtesy of your staff.
    M.H. ,
    Swarthmore, PA
    View More Testimonials

    HA.com receives more traffic than any other auction house website. (Source: Similarweb.com)

    Video tutorial

    Getting the most out of search

    Recent auctions

    2017 February 16 - 19 Long Beach Expo US Coins Signature Auction - Long Beach
    2017 February 16 - 19 Long Beach Expo US Coins Signature Auction - Long Beach
    REALIZED $11,096,031
    2017 January 17 - 18 World Coins Signature Internet Auction - Dallas
    2017 January 17 - 18 World Coins Signature Internet Auction - Dallas
    REALIZED $2,406,663
    2017 January 5 - 9 FUN World Currency Signature Auction -
    2017 January 5 - 9 FUN World Currency Signature Auction -
    REALIZED $1,283,235