1851 Baldwin & Co. Gold Double Eagle
Strike Type
Coin Details
Auction Record
- Price realized
- $646,250
- Sold
- Grade
- XF45
- Auction house
- Heritage Auctions
Description
This is the 1851 Baldwin & Co. twenty-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. Adams calls it the first twenty-dollar piece issued in California, cut by Albert Kuner; a lot of one hundred pieces assayed at the Mint averaged 517 grains and about .868 fine. Catalogue number: K-5. PCGS number 10034.
Cross References
K-5
External References
Error Varieties
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