1849 10 Dollar Gold K 3 MS Values

View Image Gallery Image for 1849 G$10 Cincinnati Mining & Trading, K-3 MS

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Today, there are three collectible examples of the 1849 Cincinnati Mining & Trading $10, all of which grade AU. One of these is struck over a J.S. Ormsby $10, suggesting that Cincinnati Mining & Trading (or someone with their dies) was actively striking coins after J.S. Ormsby. Two examples are permanently impounded at the Smithsonian, including a choice BU specimen that was removed from a bullion deposit in 1849 or 1850. The Dupont specimen — stolen in 1967 — was at one time called plain edge but the earliest description of the piece (H. Chapman: 06/18/1908: 506a) describes it clearly as “border milled”, suggesting that the Kagin-2 variety probably does not exist.

Obverse Description

Native American facing left CINCINNATI MINING & TRADING COMPANY.

Reverse Description

Eagle bearing a shield, arrows, and laurel, CALIFORNIA TEN DOLLARS, 1849.

Catalog Information

GSID: 11737

Obverse Lettering: CINCINNATI MINING & TRADING COMPANY

Reverse Lettering: CALIFORNIA TEN DOLLARS, 1849

Strike Type: Business

Coin Shape: Round

Edge: Plain

Variety: Cincinnati Mining & Trading

Variety 2: K-3

Coin Date: 1849

Denomination: G$10

Designation: MS

Mint Location: Cincinnati, Ohio

Mintage: 5 known

Coinage Type: Private & Pioneer Gold

Coinage Years: 1849

Composition: Gold

Rarity: H7

PCGS #: 10128

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Grade	CAC	CPG Value (Retail)	Greysheet Price (Wholesale)
AU55		$960,000	$1,234
AU55	-	$960,000	$1,234
AU50		$1,234	$1,234
AU50	-	$1,234	$1,234
XF45		$1,234	$1,234
XF45	-	$1,234	$1,234

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