1850 Moffat & Co. $5. K-7. Rarity-4. AU-58 (NGC). CAC. CMQ.Vivid orange-olive color with strong luster for the grade in a bold satin texture. A minimally circulated example that held up well to the rigors of commerce with no serious marks assault the unaided eye. Exceptional for the grade and worthy of premium bids.<p>In their day these coins circulated widely and became a staple in commerce. Today they are fairly scarce. 1850 represented the last year in which Moffat & Co. produced coins of the $5 denomination. After that they were preoccupied with the Treasury Department to work with Augustus Humbert and also to conduct the United States Assay Office of Gold.PCGS# 10243. NGC ID: ANJ6.CAC Stickered Population: 14 in all AU grades; 5 in all Mint State grades.From our August 2024 Global Showcase Auction, lot 3531.
