(1850) G$36.55 F.D. Kohler, Ingot, K-7 MS

In June of 1850, the State of California started a second State Assay Office at Sacramento. Today, there is one ingot issued by the satellite office that is confirmed genuine, the $36.55 Kagin-7, which is permanently impounded at the Smithsonian Institution. A second example (Kagin-8) was discovered in the mid-20th century by John J. Ford. It does not punch-link to any known State Assay Office ingots, and, as such, its authenticity is unverifiable at present.

Obverse Description

F.D. KOHLER, STATE ASSAYER, SACo CAL, 1850 20 CARAT. 42 DWt. 12 GRS. 49 ¾ CARAT $36.55

Reverse Description

F.D. KOHLER, STATE ASSAYER