View All Baldwin & Company (1850-1851)

1850 Baldwin & Co. Gold Half Eagle

Strike Type
1850 Territorial coin

Coin Details

Year
1850
Denomination
Territorial
Strike Type
Regular Strike
Series
California Gold (1849-1855)
Designer
Albert Kuner
Composition
Gold

Auction Record

Price realized
$204,000
Sold
Grade
MS61
Auction house
Heritage Auctions

Description

This is the 1850 Baldwin & Co. five-dollar gold piece. 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. It has a Liberty head with BALDWIN & CO. on the coronet and an eagle with S.M.V. CALIFORNIA GOLD FIVE DOL.; the pieces averaged about $4.92 in value. Catalogue number: K-2. PCGS number 10025.

Cross References

K-2

External References

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