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1849 $5 Massachusetts and California Five Dollar, Silver Die Trial, Fine 12 NGC. Kagin-2a, High R.7....
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Sold on Jan 8, 2016 for:
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Description
1849 Massachusetts & California
Five Dollar Die Trial in Silver
Fine 12, Kagin-2a
1849 $5 Massachusetts and California Five Dollar, Silver Die
Trial, Fine 12 NGC. Kagin-2a, High R.7. Struck from a similar
but different die pair than the extremely rare gold five dollar
pieces from the Massachusetts and California Company, of which just
five to seven examples are known. The present dove-gray
representative displays even wear and was apparently carried as a
pocket piece, but all legends are bold except ALTA on the banner.
No marks or planchet deficiencies are apparent. The Massachusetts &
California Co. struck various specimens in Massachusetts prior to
the departure to California of its officers, who intended to set up
shop as private gold coiners. But there was a glut of such firms,
most of whom were discredited. Instead, F.P. Tracy and Wm. H.
Hayden operated a West Coast express service. Census: 1 in 12, 2
finer (11/15).Coin Index Numbers: (NGC ID# ANL4, PCGS# 10231, Greysheet# 11804)
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Auction Info
2016 January 6 - 11 FUN US Coins Signature Auction - Tampa #1231 (go to Auction Home page)
Auction Dates
January, 2016
6th-11th
Wednesday-Monday
Bids + Registered Phone Bidders: 19
Lot Tracking Activity: N/A
Page Views: 980
Buyer's Premium per Lot:
17.5% of the successful bid (minimum $14) per lot.
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