1849 Pacific Company Ten Dollar - Reeded Edge

Coin Details

Description

This is the 1849 Pacific Company ten-dollar gold piece with a reeded edge. 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 records one example sold in 1903 with a milled edge.