Whitman Expo
Whitman Expos and Raleigh Coin Club Partner to Create the Carolinas' Premier Collecting Event and a New National Numismatic Destination.
Thank you to our sponsors!
Go check them out!
Baldwin’s earliest issue, the “Vaquero” or “Horseman” $10, is widely considered a masterpiece by collectors of pioneer gold coins. It was designed in early 1850 by Albrecht Kuner, originally for use by Kohler & Company whose equipment the firm purchased in March of 1850. Somewhere between 20 and 25 examples exist in private hands, with the finest known being a near gem BU. A handful of pieces are known in mint state, and any of these would probably merit inclusion in the condition census. The Baldwin Horseman’s design is the last privately minted California gold coin whose design is not loosely based upon a U.S. federal gold coin. The Horseman $10s edge is coarsely reeded, and appears to match the Miners’ Bank $10s, struck by Baldwin’s predecessor, Kohler & Company.
Obverse Description
California Vaquero above 1850., CALIFORNIA GOLD. TEN DOLLARs. Around, KUNER engraved on base
Reverse Description
Federal eagle BALDWIN & Co. SAN FRANCISCO. 10 stars around
Catalog Information
GSID:
11702
Designer:
Albrecht Kuner
Obverse Designer:
Albrecht Kuner
Obverse Lettering:
1850., CALIFORNIA GOLD. TEN DOLLARs, KUNER
Reverse Designer:
Albrecht Kuner
Reverse Lettering:
BALDWIN & Co. SAN FRANCISCO
Strike Type:
Business
Coin Shape:
Round
Edge:
Coarsely Reeded
Variety:
Baldwin
Variety 2:
Horseman, K-3
Coin Date:
1850
Denomination:
G$10
Designation:
MS
Mint Location:
San Francisco
Mintage:
20–25 known
Coinage Type:
Private & Pioneer Gold
Coinage Years:
1850-1851
Composition:
Gold
Rarity:
6
PCGS #:
10028
Send Catalog Feedback
To: editor@greysheet.com
Subject: I would like to contribute catalog info to CDN for 1850 G$10 Baldwin, Horseman, K-3 MS
Body: Referring page: http://beta.greysheet.com/prices/item/1850-baldwin-and-co-ten-dollar-kagin-3-territorial-gold-coinage/gsid/11702 GSID: 11702 Title: 1850 G$10 Baldwin, Horseman, K-3 MS
Subscribe to View
View more data, info, and visualizations. Get access to retail and wholesale pricing as well as auction data.
Coin Value History
1850 G$10 Baldwin, Horseman, K-3 MS
Value By Grade
1850 G$10 Baldwin, Horseman, K-3 MS
CPG (retail) values
Currency
Grade Range
Grading Authority
Sort by
Pricing
Values
Greysheet & CPG® Values
| Grade | CAC | CPG Value (Retail) | Greysheet Price (Wholesale) |
|---|---|---|---|
| MS64 |
|
$2,160,000 | $1,234 |
| MS64 | - | $1,800,000 | $1,234 |
| MS63 |
|
$1,234 | $1,234 |
| MS63 | - | $1,234 | $1,234 |
| MS62 |
|
$1,234 | $1,234 |
| MS62 | - | $1,234 | $1,234 |
| MS61 |
|
$1,234 | $1,234 |
| MS61 | - | $1,234 | $1,234 |
| MS60 |
|
$1,234 | $1,234 |
| MS60 | - | $1,234 | $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 |
| VF20 |
|
$1,234 | $1,234 |
| VF20 | - | $1,234 | $1,234 |
1850 Baldwin & Co. $10. K-3. Rarity-6. MS-61 (PCGS). CMQ.
$840,000
1850 Baldwin & Co. $10. K-3. Rarity-6. MS-63+ (PCGS). CAC. CMQ.
$1,260,000
1850 Baldwin & Co. $10 Gold. K-3. Rarity-6. Horseman Type. MS-64 (NGC).
$324,012
$1,035
Baldwin & Co. $10 'Restrike' Deep Cameo Proof PCGS. ...
$1,380
Baldwin & Co. $10 'Restrike' Deep Cameo Proof PCGS. ...
$1,150
Baldwin & Co. $10 'Restrike' Deep Cameo Proof PCGS. ...
$1,150
Baldwin & Co. $10 'Restrike' Deep Cameo Proof PCGS. A modern copy of the legendary Baldwin 'Horseman' Territorial Ten Dollar...
$920
$138,000
$67,850
$37,400
1850 $10 Baldwin Ten Dollar MS61 PCGS. K-3, R.6. ...
$381,875
$195,500
$1,035
Baldwin & Co. $10 'Restrike' Deep Cameo Proof PCGS. ...
$1,150
Baldwin & Co. $10 'Restrike' Deep Cameo Proof PCGS. ...
$1,208
Baldwin & Co. $10 'Restrike' Deep Cameo Proof PCGS. A modern copy of the legendary Baldwin 'Horseman' Territorial Ten Dollar...
$1,955
Baldwin & Co. $10 'Restrike' Deep Cameo Proof PCGS. ...
$1,150
Baldwin & Co. $10 'Restrike' Deep Cameo Proof PCGS. ...
$1,265
1857/0 $10 Baldwin Ten Dollar Modern Restrike Deep Cameo Proof PCGS. .906 Fine Cal. Gold. Struck in the year 2002 from bull...
$1,380
Greysheet News
A New Chapter for Raleigh Money Expo Starting in 2027
8/15/2026
Dollars Struck Over Three Centuries
As dealers, collectors and investors all know, Morgan and Peace silver dollars are extremely popular American coins because of their history, legends, and silver content.
8/14/2026
![Greysheet Market Report: Rare Coin Secrets & Franchising [Video]](https://images.greysheet.com/l/blogs/20260814/8a38731b-72e6-4c01-a1c0-701579da2500.jpg)
Greysheet Market Report: Rare Coin Secrets & Franchising [Video]
Talking Franchising and Coins! A Podcast featuring John Feigenbaum and John McGrath.
8/14/2026
Events
Heritage Auctions: US Currency Tuesday Select Auction
Location: Heritage Auctions
Tuesday, June 2, 2026
Heritage Auctions: World Paper Money Tuesday Select Auction
Location: Heritage Auctions
Tuesday, June 2, 2026
Heritage Auctions: US Coins Tuesday & Wednesday Select Auction
Location: Heritage Auctions
Wednesday, June 3, 2026