1850 $10 California Gold Eagle Gilt Copper Restrike - Baldwin Horseman K-1c PCGS MS64

The present Gilt Copper Restrike specimen is the next best thing to the unique gold Restrike we are also offering as a part of this amazing collection. It appears to have been struck off of freshly polished dies since there are striation lines lines evident, especially in the reverse fields. This Gilt Copper Restrike weighs nearly 40% less than the Gold or the Silver Restrikes.

There are only TWO specimens traced struck in Gilt Copper. We are now fortunate enough to be able to offer the finest of the two for private placement now. 

Variety - Kagin 1c
Metal - Gilt Copper
Weight - 133 grains
Diameter - 27mm
Edge - Plain
PCGS Grade - Very Choice Brilliant Uncirculated MS64
PCGS Certification Serial number - 036749076
PCGS Population - 1 coin. The present MS64 is the only coin graded at PCGS. NGC shows a MS64 (this coin, recently crossed over) and a MS63. 
Provenance - The Robert Bass Collection, The Finest Collection of Pioneer Patterns Ever Assembled.

1850 $10 Baldwin “Horseman” design remained so popular that sometime around the turn of the 20th century similar dies were created and used to strike specimens in many different metals. These are called "Restrikes” and were issued at some subsequent date (Breen believes 1906-1910, and quite possibly created for dealer Steven Nagy or even Henry Chapman). Since Kuner lived until 1906, in 1912 it was speculated by Edgar Adams these dies were also the work of the original master, Kuner. NOTE: A great parallel to these Baldwin Restrikes are the Bechtler $5 gold Restrikes issued during the 1920’s. These coins are extremely scarce and highly collectible today, and as such, are also very popular with collectors, and can sell for up to six-figures!

The Baldwin & Co. Restrikes were made in a variety of metals, including a unique gold specimen, silver, copper, brass, lead, and white metal. Gilt specimens in copper and white metal are also known to exist. All of the metal variants are very rare and all are extremely popular with collectors. According to Ron Guth, the dies of these Restrikes are quite similar to the originals, but do show slight differences. For example, the fonts used for the legends on the Restrike issue are different from those used on the Original design. Also Originals have reeded edges; the Restrikes have plain edges.

Today, we have the opportunity to offer a nearly complete set of the highest graded specimens of the Horseman Restrike (missing the lead example) and also an actual circulated example of the original coin – one of only 12 to 15 known to exist in all states-of-preservation. These Restrikes are prohibitively rare and in some cases, rarer than the original 1850 gold issue. Also, some of the rare Justh and Hunter gold ingots recovered from the SS Central America were melted down in 2002 and restrikes of the 1850 $10 Baldwin were created called the “49er Horseman.” These were an overnight success and are frequently marked as “sold out” on popular internet websites.

More Information
PCGS # 698375
Grading Service PCGS
Grade MS64
Denomination Type California Gold
Numeric Denomination $10
Mint Location Private Issue
Designation NONE
Circulated/UnCirculated Uncirculated
Strike Type Business
Holder Variety 1850-Dated $10 Baldwin Horseman Restrike - Gilt Cu
Grade Add On NONE
Holder Type N/A
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