USA, California 1855 Wass, Molitor & Co. gold $50 VF DETAIL

US Coins - USA, California 1855  Wass, Molitor & Co. gold $50 VF DETAIL
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USA, Territorial California Gold, $50, 1855, Wass Molitor & Co., San Francisco, Liberty "coronet" type head left within circle of stars, date below, rev. value within wreath, "900 THOUS" on ribbon above, outer legend, SAN FRANCISCO CALIFORNIA WASS MOLITOR & Co. (Fr.83; KM 62; Yeoman 2020 p.411). Once cleaned and uneven toning on reverse otherwise good details, in PCGS holder GENUINE (repaired- VF Detail), scarce.
PCGS Certification 10363.98/35509125.
Territorial gold issues were struck by various private individuals, assayers, bankers etc outside the United Sates Mint and were not receivable at face value for government payments. They circulated widely in commerce due to a shortage of regular coinage.
San Francisco-based firm of Wass, Molitor & Co. was owned by two Hungarian exiles who initially founded the firm as a gold smelting and assaying plant. They issued territorial gold denominations of $50, $20, $20, $10 and $5 in response to a plea from the commercial community for small gold coins. 
Price SKU: DI12183
£ 29,500.00
  • US$ 37,004.52
  • € 32,893.31
  • AUD 53,538.13
  • CHF 35,479.93
  • CAD 50,007.90

Rates for: 06/04/20

Ships from: United Kingdom