Whitman Expo
(1849) Moffat & Co. $14.25 Gold Ingot MS Ingot, 21 3/4 Carat, K-2 Values
Details
Like the $9.25 Moffat & Company ingot, the Kagin-2 is an example of an early Moffat assay ingot and was saved from the melting pot sometime in late 1849 or early 1850 at the Philadelphia Mint. Tests in 2023 indicated that its fineness was around 2.1% lower than that stated on its face. The gold that it contained would have been valued at $13.97 in 1849, demonstrating just how inaccurate these early assay ingots could be.
Obverse: MOFFAT & CO. 21 3/4 CARAT $14.25
Reverse: DWT. GRS. 15.6.
Basic Information
GSID:
375856
Coin Date:
(1849)
Denomination:
G$14.25 / $14.25 Gold Ingot
Designation:
MS
Mint & Coinage Details
Mint Location:
San Francisco
Mintage:
unique
Coinage Type:
Private & Pioneer Gold
Coinage Years:
1849-1850
Composition:
Gold
Varieties and Classification
Variety:
Moffat & Co.
Variety 2:
Ingot, 21 3/4 Carat, K-2
Rarity:
R-Unique
Physical Characteristics
Strike Type:
Business
Coin Shape:
Rectangular
