Gold was discovered at Sutter’s Mill, California, in 1848 and U.S. history was forever changed. Adventurers came by horse, foot, wagon and ship to search for gold. The population swelled, along with the demand for daily necessities. Certified by NGC, this coin has been cleaned and removed from a mount. An interesting piece of history that is affordable. There was a serious shortage of acceptable gold and silver coins. To meet this demand, private minters started minting their own coinage and bartering began, using new found unassayed nuggets, granules and gold dust. The government’s response to try to alleviate this necessity for adequate coinage in the west was slow. In September, 1850, a bill was passed providing for a United States Assay Office, giving it the authority to assay gold. Not until 1852 was the smaller $10 denomination struck. No mintage on the $10 1852 .884 fine, is available. However, quoting authority and author Donald H. Kagin Ph.D. of Private Gold Coins and Patterns of the United States, "A very few of both the $10 and $20 pieces survive today.” The $10 1852 .884 fine, offered here is graded MS64 and encapsulated by NGC. There are none graded higher by any grading service. Price: $54,500.
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|Mint Mark:||Not Shown - Philadelphia|
|Metal Content:||0.4838 troy oz|