1850 $10 California Restrike - Baldwin "Horseman" Brass Brockage Error Issue NGC XF45

SKU
3109392001
There are only TWO specimens traced in Brass. This one is a highly unusual brockage error. In coin collecting, a brockage refers to a type of error coin in which one side of the coin has the normal design and the other side has a mirror image of the same design impressed upon it. We are now fortunate enough to be able to offer this unusual error variety for private placement now. 

Variety - Kagin 1d
Metal - Brass
Weight - 133 grains
Diameter - 27mm
Edge - Plain
NGC Grade - Token, Choice Extremely Fine 45
NGC Certification Serial number - 3109392-001
NGC Census - 1 coin. The present coin is unique as a brockage error. There is one regular issue specimen in Brass (MS64).
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.

The present unique Brass Restrike Brockage specimen shows a great variety of error as the obverse displays a double reeding through the upper half of the fields and the "D" of BALDWIN can be easily discerned, along with portions of the surrounding letters "L" and "W." The reverse shield is easily spotted as well, located between the 1850 date and the ground base upon which the image of the horse is positioned. On the reverse is a worn down die cud at 4 o'clock and the beginning of a misalignment of the die at 9 o'clock, a feature which is especially evident on the Silver Restrike.
More Information
Grading Service NGC
Denomination Type California Gold
Numeric Denomination $10
Grade XF45
Mint Location Private Issue
Designation NONE
Circulated/UnCirculated Circulated
Strike Type Business
Holder Variety Baldwin 'Restrike' - Brass Brockage K-1d
Grade Add On NONE
Holder Type N/A
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You're reviewing:1850 $10 California Restrike - Baldwin "Horseman" Brass Brockage Error Issue NGC XF45