Lot 1858
1852 Moffat & Co. (San Francisco) TEN DOLS. 2 over 1. Improperly cleaned. Untoned with bold details. Lists in the red book in AU at $11,500. The withdrawal of the discredited early private coins of five-, ten-, and twenty-dollar denominations as a result of the new U.S. Assay operations caused a new turn of affairs for Californians. Fractional currency coins of almost every nation circulated in California, but the supply was too small to help fill the needs. Moffat & Co. proceeded in January 1852 to issue a new ten-dollar gold piece bearing the stamp Moffat & Co. This is the scarcer eagle variety which has the 2 in date 1852 inscribed over a 1 (PCGS # 10190) .
Estimated Value $4,000 - 4,500.
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| Realized $3,910 |
