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1849 G$2 1/2 Mormon, K-1 MS

1849 G$2 1/2 Mormon, K-1 MS

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Greysheet Catalog Details (GSID: 11818)
Around 3,000 Mormon $2 1/2s were struck in 1849. Today, there are around 50 pieces in private hands, most of which grade XF or AU. Around a half dozen examples have survived in mint state, with a single choice uncirculated example acknowledged as finest known. The dies used to strike these pieces appear to have been improperly hardened and sank relatively early in their working life, resulting in central design weakness on many of the surviving examples.
Obverse: Eye and Cap HOLINESS.TO.THE.LORD.
Reverse: Clasped Hands 1849 G.S.L.C.P.G TWO.AND.HALF.DO.

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Catalog Detail

GSID: 11818
Coin Date: 1849
Denomination: G$2 1/2 / $2.50 gold
Designation: MS
Mint Location: Salt Lake City, Utah
Mintage: Approx. 3,000
Coinage Type: Pioneer & Territorial Gold
Coinage Years: 1849-1860
Composition: Gold
Variety: Mormon
Variety 2: K-1
Rarity: R-5
Strike Type: Business
Coin Shape: Subscribe
Designer: Subscribe
Obverse Lettering: Subscribe
Obverse Designer: Subscribe
Reverse Lettering: Subscribe
Reverse Designer: Subscribe
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