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Today, there are three collectible examples of the 1849 Cincinnati Mining & Trading $10, all of which grade AU. One of these is struck over a J.S. Ormsby $10, suggesting that Cincinnati Mining & Trading (or someone with their dies) was actively striking coins after J.S. Ormsby. Two examples are permanently impounded at the Smithsonian, including a choice BU specimen that was removed from a bullion deposit in 1849 or 1850. The Dupont specimen — stolen in 1967 — was at one time called plain edge but the earliest description of the piece (H. Chapman: 06/18/1908: 506a) describes it clearly as “border milled”, suggesting that the Kagin-2 variety probably does not exist.
Obverse Description
Native American facing left CINCINNATI MINING & TRADING COMPANY.
Reverse Description
Eagle bearing a shield, arrows, and laurel, CALIFORNIA TEN DOLLARS, 1849.
Catalog Information
GSID:
11737
Obverse Lettering:
CINCINNATI MINING & TRADING COMPANY
Reverse Lettering:
CALIFORNIA TEN DOLLARS, 1849
Strike Type:
Business
Coin Shape:
Round
Edge:
Plain
Variety:
Cincinnati Mining & Trading
Variety 2:
K-3
Coin Date:
1849
Denomination:
G$10
Designation:
MS
Mint Location:
Cincinnati, Ohio
Mintage:
5 known
Coinage Type:
Private & Pioneer Gold
Coinage Years:
1849
Composition:
Gold
Rarity:
H7
PCGS #:
10128
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Coin Value History
1849 G$10 Cincinnati Mining & Trading, K-3 MS
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1849 G$10 Cincinnati Mining & Trading, K-3 MS
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