The Collectors' Auction 2008
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Please Note: A 15% Buyers' Premium is added to the hammer price of all lots in this sale.
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(About The Images)
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Lot Title:
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1855 Wass-Molitor $50. PCGS AU-50.
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Description:
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As is usually the case for these massive chunks of gold, moderate abrasions pepper each side due to use in circulation. Distinctive rouge toning accents all the devices, producing an even more bold appearance than is suggested by the PCGS AU-50 grade, and original mint luster can be seen in these same areas. The Wass-Molitor fifty-dollar gold coin was struck in response to a lack of circulating gold currency in the west during the 1850s, and followed issuance of five and ten dollar gold coins in prior years. The obverse mimics the prevailing design of current Federal issues, while the reverse simply states the gold content and face value in explicit terms.
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Low Estimate:
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$58,000.00 |
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High Estimate:
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$60,000.00 |
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Lot Status:
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Bidding has been closed for this lot. |
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Hammered Price: |
$58,250.00
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Price Realized:
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Price history for items of the same classification:
| Lot # | Auction | Current Bid or Hammer Price | Description |
| 948 | The Midwest Summer Sale 2011 on 07/29/2011 | $34,250.00 |
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1855 $50 WASS-MOLITOR. NGC XF-40.
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The San Francisco mint was already in operation by 1855, but production difficulties led to low mintage and a desire on the part of westerners to supplement the meager Federal coinage with privately... |
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