The United States utilized a two-cent coin for just ten years, from 1864 to 1873.
The so-called Large Head $5, or Kagin-2, appears to be the first coin issued by Wass, Molitor & Co., starting on January 6th, 1852. It is of a very different style than the Kagin-1, and is unquestionably the work of Albrecht Kuner. Interestingly, it shares the “1852” number punches and overall engraving style with the 1852 Moffat $10s issued by the Assay Office at around the same time. Around a dozen pieces are known in private hands, with a single mint state specimen as finest known. Any coin grading XF or higher is a member of the condition census.
Obverse Description
Liberty Head with short neck and W.M. & Co. on diadem, 1852, 13 stars around
Reverse Description
Federal Eagle FIVE DOLLARS.IN CALIFORNIA GOLD.
Catalog Information
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Subject: I would like to contribute catalog info to CDN for 1852 G$5 Wass, Molitor & Co., Large Head, K-2 MS
Body: Referring page: http://beta.greysheet.com/prices/item/1852-wass-molitor-and-co-five-dollar-large-head-territorial-gold-coinage/gsid/11880 GSID: 11880 Title: 1852 G$5 Wass, Molitor & Co., Large Head, K-2 MS
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Values
| Grade | CAC | CPG Value (Retail) | Greysheet Price (Wholesale) |
|---|---|---|---|
| MS60 |
|
$121,000 | $1,234 |
| MS60 | - | $101,000 | $1,234 |
| AU58 |
|
$1,234 | $1,234 |
| AU58 | - | $1,234 | $1,234 |
| AU55 |
|
$1,234 | $1,234 |
| AU55 | - | $1,234 | $1,234 |
| AU53 |
|
$1,234 | $1,234 |
| AU53 | - | $1,234 | $1,234 |
| AU50 |
|
$1,234 | $1,234 |
| AU50 | - | $1,234 | $1,234 |
| XF45 |
|
$1,234 | $1,234 |
| XF45 | - | $1,234 | $1,234 |
| XF40 |
|
$1,234 | $1,234 |
| XF40 | - | $1,234 | $1,234 |
| VF35 |
|
$1,234 | $1,234 |
| VF35 | - | $1,234 | $1,234 |
| VF30 |
|
$1,234 | $1,234 |
| VF30 | - | $1,234 | $1,234 |
| VF25 |
|
$1,234 | $1,234 |
| VF25 | - | $1,234 | $1,234 |
| VF20 |
|
$1,234 | $1,234 |
| VF20 | - | $1,234 | $1,234 |
Greysheet News
Denis W. Loring was among Early American Coppers' Charter Members.
CAC approved and CACG encapsulated coins fared well in public sales during the month of July 2026.





