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1849 5 Dollar Gold Mormon, K-2

Business Strike

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1849 5 Dollar Gold Mormon, K-2

Business Strike

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Greysheet Catalog Details (GSID: 11822)

The 1849 5 Dollar Gold is part of a series of Pioneer & Territorial Gold coins struck from 1849-1860. The specific variety is Mormon. Struck in Salt Lake City, Utah and designated as a Business (MS) strike, this coin is made of Gold from a mintage of 5,500 struck and has a rarity rating of 4.
5,500 1849 Mormon $5s were struck, making them the most commonly encountered Mormon gold coin. Today, we know of more than 150 examples in private hands. Despite the relative availability of this issue, it is an incredibly challenging coin to find with original surfaces and luster. A handful of pieces graded MS60 or MS61 comprise the Condition Census; however, originality-conscious collectors may prefer attractively toned Choice AU specimens to some of the uncirculated pieces.
Obverse: Eye and Cap HOLINESS .TO.THE.LORD.
Reverse: Clasped Hands 1849 G.S.L.C.P.G FIVE.DOLLARS

Catalog Details    Dealers Only

Catalog Detail

GSID: 11822
Coin Date: 1849
Denomination: G$5 / 5 Dollar Gold
Designation: MS
Mint Location: Salt Lake City, Utah
Mintage: 5,500
Coinage Type: Pioneer & Territorial Gold
Coinage Years: 1849-1860
Composition: Gold
Variety: Mormon
Variety 2: K-2
Rarity: R-4
Strike Type: Business
Coin Shape: Round
Designer: John Kay
Obverse Lettering: HOLINESS .TO.THE.LORD.
Obverse Designer: John Kay
Reverse Lettering: 1849 G.S.L.C.P.G FIVE.DOLLARS
Reverse Designer: John Kay
PCGS #: 10262
NGC ID: 2BCE
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All CDN prices are based on proprietary market knowledge and technology developed by CDN Publishing, LLC.

CPG® prices represent retail levels. Collectors should refer to CPG values as a starting place for their negotiations, or auction bid reference.

Greysheet/Greensheet prices are wholesale market levels for collectible coins/paper money intended to indicate what a dealer, or wholesale, buyer would pay for the described item in the specified grade. Greysheet/Greensheet represent "sight-seen" values based on a buyer's in-hand review. The actual value can be more or less than this depending on factors including eye appeal and market timing.

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