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Estimated Value
Based on recent market data
$350,000
Name or Denominations
1849 $10 Mormon
Issuer
United States
Ruler
NA
Year of Minting
1849
Currency
Dollar (1792-date)
Shape
Round
Rarity
Ultra rare
Weight
NA
Diameter
NA
Thickness
NA
Material
Other
Shape
Round
Edge Type
Reeded
Technique
Struck
Front design
Lion of Judah
Back design
Eagle with wings spread behind a beehive
Year of Minting
1849
Ruler
NA
Mint location
Philadelphia
Mint mark
NA
Orientation
Coin alignment
Inscriptions
PURE GOLD
Context
: The Mormon 1849 $10 Gold is one of the rarest of the territorial gold issues. It is considered a rarity 7 (or 4 to 12 known); approximately ten examples are known to exist today (January, 2014). The Mormon $10 was one of the first, if not the first, coins struck from California gold rush gold. The Mormon Tens were first struck in December, 1848, with records showing that only twenty-five coins were struck on the first day of minting and another twenty-one struck one week after the first striking. Records also show that five of the first day's striking were paid out on December 12th, 1848, even though these coins bore the date of 1849. Four denominations of 1849-dated Mormon gold coins are known, but only the Ten Dollar includes the designation "PURE GOLD" and lacks the letters "G.S.L.C.P.G." (which stands for "Great Salt Lake City Pure Gold" and which is on the $2½, $5 and $20 coins). The story is that members of the Mormon Battalion of the U.S. Army, who had fought in the Mexican War, worked for James Marshall helping to construct a saw mill for Sutter when gold was first discovered. On their return to Utah, they brought some of this gold back with them, and it was used to make the first Mormon gold coins.
Rarity
Ultra rare
Coin type
Mormon Gold (Utah) (1849-1860)
In circulation
NA
Demonetized
No
Marketplace listings
0
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