Whitman Expo
(1849) Moffat & Co. 16 Dollar Gold Ingot MS Ingot, 20 3/4 Carat, K-3 Values
Details
The only Moffat ingots known in private hands are the $16 monetary ingots. Unlike the earlier Moffat assay ingots, these pieces are only marked with the fineness of 20 3⁄4 carats, and the value of $16, making it impossible to calculate their weight without a scale. At the time these pieces were issued, they were apparently widely referred to as “California Doubloons” due to their denomination. Contemporary reports indicate that $16 Moffat Ingots were not of a consistent weight or fineness when assayed. One example tested in 2017 weighed.931-oz and had a fineness of.879, yielding a gold value (in 1849 dollars) of $16.91.
Obverse: MOFFAT & CO. 20 3/4 CARAT $16.00
Reverse: Blank reverse.
Basic Information
GSID:
11814
Coin Date:
(1849)
Denomination:
G$16.00 / 16 Dollar Gold Ingot
Designation:
MS
Mint & Coinage Details
Mint Location:
San Francisco
Coinage Type:
Private & Pioneer Gold
Coinage Years:
1849-1850
Composition:
Gold
Varieties and Classification
Variety:
Moffat & Co.
Variety 2:
Ingot, 20 3/4 Carat, K-3
Rarity:
R-6
Physical Characteristics
Strike Type:
Business
Coin Shape:
Rectangular
