1849 P$2.50 Pacific Company Gold Quarter Eagle
Strike Type
Coin Details
Auction Record
- Price realized
- $44,850
- Sold
- Grade
- AU55
- Auction house
- Stack's
Description
This is the 1849 Pacific Company two-and-a-half-dollar pattern, which is known in silver. Adams concluded that the Pacific Company pieces were almost certainly the work of Broderick & Kohler, the partnership of David C. Broderick and Frederick D. Kohler, who coined five- and ten-dollar pieces in San Francisco in 1849, probably by hand with a hammer. One side shows an eagle with PACIFIC COMPANY CALIFORNIA and the date; the other a liberty cap among rays and stars above the value. Mint assays found the ten-dollar piece 229 grains at .797 fine, worth $7.86, and the five-dollar piece 130 grains at the same fineness, worth $4.48. Adams describes it as the regular Pacific Company design with 2 1/2 DOLLARS on the reverse and knew it only in silver; Raymond also knew it only as a silver pattern. Catalogue number: K-2. PCGS number 10301.
Cross References
K-2
External References
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