K-6 1860 Mormon Five Dollar
    The Clapp-Eliasberg Coin, AU50

    1860 $5 Mormon Five Dollar AU50 NGC. K-6, High R.5. The Mormon half eagles of 1860 are dated a full decade after the last previous issues in the series, the 1850 half eagles struck at the Mint in Great Salt Lake City. The earlier issues had been overseen by Brigham Young, spiritual leader of the Mormons and (from 1850 to 1858) governor of the Utah Territory. By 1860, however, conflict between the residents of Utah Territory and the federal government had ended with a non-Mormon governor, Alfred Cumming, in power.
    For this reason, the 1860 issue has something of an "underground" character to it. The 1860 Mormon half eagles bear different designs from their predecessors, with a recumbent lion surrounded by HOLINESS TO THE LORD on the obverse and an eagle-and-beehive motif on the reverse. (The obverse motto is in the phonetic Deseret alphabet, which was promoted by Brigham Young but saw only limited adoption and fell out of use after Young's death.) The pieces were made in the "Deseret Assay Office," actually a jeweler's office, instead of an official mint, and when the (temporal) authorities learned of the half eagles' production, they quashed the project. Today, the 1860 Mormon half eagles are rare regardless of grade.
    This is the Clapp-Eliasberg example of the 1860 Mormon five dollar, described as "VF-30" in the Eliasberg catalog; today's AU50 rating is more accurate, judging by the level of gold-orange luster remaining on each side. The cataloger wrote of the surfaces: "Light yellow gold. A few marks and scratches typical of the grade." This is more or less accurate, though with the possible exception of a flaw to the left of the lion's mouth, calling anything on this piece a "scratch" is overstating the problem. A rim nick at the bottom of the reverse is the most obvious pedigree marker. Listed on page 381 of the 2011 Guide Book.
    Ex: B.H. Collins; J.M. Clapp; Clapp Estate; Louis E. Eliasberg, Sr.; Eliasberg Collection (Bowers and Merena, 5/1996), lot 376.
    (NGC ID# 2BCG, PCGS# 10268)

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

    Sales Tax information  | NGC Coin Grading Guarantee  |  Terms and Conditions

    Bidding Guidelines and Bid Increments

    Glossary of Terms

    ‡ The owner placed a late bid on this unreserved lot and repurchased it, subject to applicable commission.

    Auction Info

    Auction Dates
    February, 2011
    3rd-6th Thursday-Sunday
    Bids + Registered Phone Bidders: 16
    Lot Tracking Activity: N/A
    Page Views: 4,548

    Buyer's Premium per Lot:
    15% of the successful bid (minimum $14) per lot.

    Sold for: Sign-in or Join (free & quick)

    Heritage membership

    Join Now - It's Free

    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
    Consign now
    • Cash Advances
    • More Bidders
    • Trusted Experts
    • Over 200,000 Satisfied Consignors Since 1976
    Consign to the 2017 December 7 - 8 World Coins Signature Auction - Hong Kong.

    Learn about consigning with us

    With the superb catalog, a masterwork prepared by Mark Borckhardt, the sale was destined to meet all of my expectations; that it did, and then some. Be assured that I would highly recommend Heritage Auctions to any of my associates contemplating the sale
    Alan B.,
    Las Vegas, NV
    View More Testimonials receives more traffic than any other auction house website. (Source:

    Video tutorial

    Getting the most out of search

    Recent auctions

    2017 August 2 - 6 ANA US Coins Signature Auction - Denver
    2017 August 2 - 6 ANA US Coins Signature Auction - Denver
    REALIZED $21,516,872
    2017 August 3 ANA World Coins & Ancient Coins Signature Auction - Denver
    2017 August 3 ANA World Coins & Ancient Coins Signature Auction - Denver
    REALIZED $7,185,874
    2017 August 3 ANA Currency Signature Auction - Denver
    2017 August 3 ANA Currency Signature Auction - Denver
    REALIZED $1,838,111