1849 Moffat & Co., "TEN DOL." Gold Eagle
Strike Type
Coin Details
Auction Record
- Price realized
- $102,000
- Sold
- Grade
- AU58
- Auction house
- Heritage Auctions
Description
This is the 1849 Moffat & Co. ten-dollar gold piece with TEN DOL. on the reverse. John L. Moffat, a New York assayer, sailed for California in February 1849 with machinery to assay gold dust and give it a stamped value. Moffat & Co. issued rectangular gold ingots and, in 1849 and 1850, five- and ten-dollar pieces that closely follow the federal designs, with MOFFAT & CO. on the coronet and S.M.V. CALIFORNIA GOLD around the eagle. The coins were quoted at par in San Francisco. The firm stopped its own coinage when it took the U.S. Assay Office contract early in 1851, struck a ten-dollar piece in 1852 at the request of local businessmen and a twenty-dollar piece in 1853. Adams calls it the first coin struck by the firm. Greysheet separates pieces with the period below and above the arrowhead (K-6 and K-6a). Catalogue numbers: K-6, K-6a. PCGS number 10246.
Cross References
K-6; K-6a
External References
Error Varieties
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