1855 Wass Molitor $50 NGC 61 CAC
Wow! What an impressive coin, 2.75 ounces of Gold rush era gold went into the making of this incredible coin.
1855 Wass Molitor $50 NGC 61 CAC
Although the long-awaited San Francisco Mint was finally in operation during 1855, a shortage of parting acids prevented satisfactory coinage of double eagles. Two private firms, Kellogg & Co. and Wass Molitor, stepped up to the plate until Mint production was sufficient, producing a variety of denominations from five dollar to fifty dollars.
All of these impressive coins were struck in 1855 and, judging by the number of examples that have survived, a decent number of pieces must have been produced. This is not to imply that the 1855 Wass, Molitor & Co. $50 is a common coin. Survivors are very scarce, and problem-free pieces in any grade with pleasing eye appeal are even more accurately described as rare.
Great strike, clean field, and originality are what makes this piece a stunner.
With less than 4 in this grade and only 4-5 finer this behemoth of a coin will be the cornerstone of any numismatic cabinet. If you are a territorial specialist this is the coin you have been looking for.
