1850 $10 California Restrike - Baldwin "Horseman" Gilt White Metal Issue NGC MS64
There are four specimens traced struck in Gilt White Metal. We are now fortunate enough to be able to offer the finest of the four for private placement now.
Variety - K-1g(1) - erroneously labeled as K-1D
Metal - Gilt White Metal
Weight - 118.4 grains
Diameter - 27mm
Edge - Plain
NGC Grade - Very Choice Brilliant Uncirculated MS64
NGC Certification Serial number - 15821237-054
NGC Census - 4 coins. The present MS64 example, a MS62, a MS61 and an AU53. None are graded at PCGS.
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 Gilt White Metal Restrike specimen is the next best thing to the 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. We also note there isn't a large amount of die rust evident on the surfaces - a feature quite unusual for these coins.
|Denomination Type||California Gold|
|Mint Location||Private Issue|
|Holder Variety||Baldwin 'Restrike' - Gilt White Metal K-1g(1)|
|Grade Add On||NONE|