Very Rare Borderline Unc.
The San Francisco Mint opened in 1854, but it was a cramped facility that also lacked sufficient parting acids to strike satisfactory quantities of .900 fine gold coins. West Coast commerce required a steady supply of freshly coined bullion, and since the official mint was not yet up to speed, two private minters stepped in to fill the gap. Kellogg & Co. produced twenty-dollar pieces only, while Wass Molitor & Co. produced ten, twenty, and fifty-dollar coins.
These necessity issues imitated Federal designs of their respective denominations, with the exception of the fifty dollar piece, which was more reminiscent of the Federal gold dollar. The ten-dollar piece featured a small, relatively close date with the final digit repaired on the obverse die with a circular plug. The minting activities of both Kellogg & Co. and Wass Molitor ceased once the San Francisco Mint was able to resume gold production. The NGC population is just 3 with three higher, none better than MS61.
Offered at $32,990 delivered
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