1850 $10 California Gold Eagle White Metal Restrike - Baldwin Horseman K-1g PCGS MS65
The present White Metal Restrike specimen displays a very pleasing silver shimmer on both the obverse and reverse and we see die striations on both sides, indicating either fresh polishing or perhaps evidence of it being one of the first strikes. The rust marks on the die are less apparent on the reverse than they are on the obverse which leads us to believe the White Metal Restrikes were created after the Copper Restrikes, but before the Silver Restrike and before the final issue - the Gold Restrike. This coin and the silver one are the highest graded examples of all of the different metal types.
There are three specimens traced struck in White Metal. We are now fortunate enough to be able to offer the finest of the three for private placement now.
Variety - K-1g
Metal - White Metal
Weight - 131.6 grains
Diameter - 27mm
Edge - Plain
PCGS Grade - Gem Brilliant Uncirculated MS65
PCGS Certification Serial number - 036749080
PCGS Population - 1 coin. The present MS65 example. NGC shows a MS65 (this same coin but crossed over) a MS64 and a MS61.
Provenance - The Robert Bass Collection, The Finest Collection of Pioneer Patterns Ever Assembled.
During the early stages of the California Gold Rush, George Baldwin & Thomas Holman minted gold coins privately after billing themselves as the successor to Frederick Kohler, the new California Assayer. After acquiring Kohler's minting equipment and dies, Baldwin made $5, $10 and $20 gold pieces starting sometime in mid-to-late 1850. The 1850 Baldwin $10 issue featuring the vaquero, or horseman, was an original design created by Albert Kuner (his tiny signature appears on the obverse) while employed by Kohler but later brought into full production by Baldwin. This design, however, was so popular that sometime around the 20th century similar dies were created and used to strike specimens in a variety of different metals and then again in 2002 when several ingots recovered from the S.S. Central America were melted and made into $10 proof "49er Horseman" commemorative coins. Modern researchers believe these coins were struck from copy dies in the period between 1906-1910, and possibly by Stephen Nagy, because of the popularity of the distinctive "Horseman" design. While the coins were undoubtedly struck in this time frame, Adams may be correct in his proclamation around the year 1912 that the dies were prepared much earlier by Albert Kuner, who engraved the dies for the original Baldwin issue. This would account for all of these "Restrikes" showing evidence of moderate to extensive die rust.
|Denomination Type||California Gold|
|Mint Location||Private Issue|
|Holder Variety||1850-Dated $10 Baldwin Horseman Restrike - White Metal|
|Grade Add On||NONE|