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1850 5 Dollar Gold Mormon, K-5

1850 5 Dollar Gold Mormon, K-5

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Greysheet Catalog Details (GSID: 11823)

The 1850 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 Approx. 4,000 struck and has a rarity rating of 5.
Records indicate that around 4,000 1850 Mormon $5s were struck after new punches and dies were fashioned in March of 1850. Somewhere between 50 and 75 examples are known in private hands, and an average example would grade Choice XF. A handful of pieces have graded MS61 or MS62, and an attractive, original AU58 would rate the Condition Census. Several examples exhibit strike weakness at 3:00 on both the obverse and reverse due to misaligned dies.
Obverse: Eye and Cap with nine stars around HOLINESS .TO.THE.LORD.
Reverse: Clasped Hands 1850 G.S.L.C.P.G FIVE.DOLLARS

Catalog Details    Dealers Only

Catalog Detail

GSID: 11823
Coin Date: 1850
Denomination: G$5 / 5 Dollar Gold
Designation: MS
Mint Location: Salt Lake City, Utah
Mintage: Approx. 4,000
Coinage Type: Pioneer & Territorial Gold
Coinage Years: 1849-1860
Composition: Gold
Variety: Mormon
Variety 2: K-5
Rarity: R-5
Strike Type: Business
Coin Shape: Round
Designer: John Kay
Obverse Lettering: HOLINESS .TO.THE.LORD.
Obverse Designer: John Kay
Reverse Lettering: 1850 G.S.L.C.P.G FIVE.DOLLARS
Reverse Designer: John Kay
PCGS #: 10265
NGC ID: 2BCF
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