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The Baldwin & Co. twenty-dollar piece was the first of that denomination issued in California. Baldwin coins are believed to have contained about 2% copper alloy. Although five Baldwin $20s are known, two examples are impounded (one in the Smithsonian Institution, and the other in the collection assembled by the Bank of California), and another was stolen from Willis Dupont in 1967 and has not been recovered. The two remaining examples grade choice XF and choice AU.
Obverse Description
Liberty Head with BALDWIN & Co. on diadem, 1851, 13 stars around.
Reverse Description
Federal eagle S.M.V. CALIFORNIA GOLD. TWENTY D.
Catalog Information
GSID:
11705
Designer:
Albrecht Kuner
Obverse Designer:
Albrecht Kuner
Obverse Lettering:
BALDWIN & Co., 1851
Reverse Designer:
Albrecht Kuner
Reverse Lettering:
S.M.V. CALIFORNIA GOLD. TWENTY D.
Strike Type:
Business
Coin Shape:
Round
Edge:
Reeded
Variety:
Baldwin
Variety 2:
K-5
Coin Date:
1851
Denomination:
G$20
Designation:
MS
Mint Location:
San Francisco
Mintage:
5 known
Coinage Type:
Private & Pioneer Gold
Coinage Years:
1850-1851
Composition:
Gold
Rarity:
H7
PCGS #:
10034
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Body: Referring page: http://beta.greysheet.com/prices/item/1851-baldwin-and-co-twenty-dollar-kagin-5-territorial-gold-coinage/gsid/11705 GSID: 11705 Title: 1851 G$20 Baldwin, K-5 MS
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Coin Value History
1851 G$20 Baldwin, K-5 MS
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1851 G$20 Baldwin, K-5 MS
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Events
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Location: Heritage Auctions
Wednesday, July 1, 2026
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Thursday, July 2, 2026
