1850 Baldwin & Company Ten Dollar - Restrike, Gilt White Metal

Coin Details

Auction Record

Description

This is a gilt white metal restrike of the 1850 Baldwin & Co. ten-dollar design. George C. Baldwin and Thomas S. Holman bought the coining machinery of F. D. Kohler & Co. in April 1850 and coined in San Francisco as Baldwin & Co.: five- and ten-dollar pieces dated 1850, and ten- and twenty-dollar pieces dated 1851. From January 1 to March 31, 1851 they coined $590,000, more than the Assay Office in the same months. Assays made for James King of William in March 1851 found the coins about .871 fine and short of their stamped value, the public refused them, and the firm stopped coining. Adams describes a ten-dollar trial die of 1850, the work of Albert Kuner, that differs in small points from the coin die (the S of DOLLARS is raised, and the eagle's right wing is shorter), and notes that restrikes were made from it. NGC lists the restrikes in silver, gilt copper, brass, gilt lead and white metal under Kagin numbers 1b to 1g. Catalogue number: K-1g. PCGS number 860840.

Cross References

K-1g