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1851 San Francisco Standard Mint $5. Kagin-1 (page 352 of Private Gold Coins and Patterns of the Uni

Currency:USD Category:Coins & Paper Money Start Price:4,250.00 USD Estimated At:12,500.00 - 17,500.00 USD
1851 San Francisco Standard Mint $5. Kagin-1 (page 352 of Private Gold Coins and Patterns of the Uni
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This item SOLD at 2017 Mar 09 @ 23:22UTC-5 : EST/CDT
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1851 San Francisco Standard Mint $5. Kagin-1 (page 352 of Private Gold Coins and Patterns of the United States). Rarity-7. Nickel Alloy. VF-20 NGC.
Tiny rim clip at 1 o’clock above star 8. Warm nickel-steel gray with deeper highlights around the devices. Obverse: federal-style head of Liberty to left, 13 stars around, crudely engraved and comically blundered date below. Reverse: open-topped oak wreath with acorns, 5 / DOLLARS / SAN FRANCISCO / STANDARD MINT / 22 CARATS / FINE within.

Believed issued in Birmingham, England in 1851 by engraver and die sinker, William Joseph Taylor (1802-1885) whose initials “WJT” appear on the truncation of Liberty. Taylor also engraved the dies for Australia’s Fort Philip Kangaroo Assay Office pieces of 1853 as well as several other Australian and British issues. Additionally Taylor engraved several restrikes including the 1783 Washington Draped Bust copper tokens. these pieces were probably struck as a proposed general coinage for San Francisco. Only a half dozen or so known with the last one in the Stacks’ Ford sale (9/13:10102) realizing $19,450. Rare and unusual, and certain to encourage bidder interest.

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