Territorial Gold
1852 $10 Wass, Molitor & Co. Ten Dollar, Large Head, Wide Date, MS61 NGC. K-4, R.5. The private coining firm Wass, Molitor & Co. had a reputation for producing gold pieces with a high intrinsic value compared to the face value of the coin. Ten dollar pieces were struck in 1852 and then again in 1855, to fill depositor needs for coinage after shortages of parting acids at the San Francisco Mint delayed such at the federal facility in 1854. K-4 is the most available of the three 1852 ten dollar varieties, although it is still itself a rarity, particularly in Mint State. Widely spaced date numerals identify the die pair.
This Uncirculated example is moderately well-struck at the centers but shows weakness along the lower obverse and upper reverse borders. Scattered heavy abrasions determine the grade, while each side offers bright yellow-gold coloration.
HID02901242017