1850 $5 Territorial Gold Coin NGC AU55: The Mormon Five Dollar

Discover a remarkable piece of American numismatic history with this 1850 $5 Territorial Gold Coin, famously known as the Mormon Five Dollar. Struck from solid gold in 1850 and meticulously graded NGC AU55, this scarce coin offers collectors a tangible connection to the formative era of the American West. It represents a unique opportunity to own a significant and highly sought-after artifact from a pivotal period.

Historical Significance of the Mormon Five Dollar

In the aftermath of the California Gold Rush, the expanding settlements in the remote Utah Territory faced a critical shortage of circulating currency. To facilitate commerce, the Provisional Government of Deseret, led by Mormon pioneers, established an unofficial mint in Salt Lake City. Between 1849 and 1860, this mint produced distinctive gold coins using locally sourced gold. The 1850 Mormon Five Dollar is a powerful symbol of self-reliance and innovation during a challenging time. These territorial issues were essential for trade but were largely recalled and melted as federal coinage became more accessible, rendering surviving examples exceptionally rare and historically profound.

Key Numismatic Features

• Denomination: Five Dollars ($5)
• Metal Composition: Gold
• Minting Origin: Great Salt Lake City, Provisional Government (G.S.L.C.P.G.)
• Year of Issue: 1850
• Certification Service: Authenticated and graded by Numismatic Guaranty Corporation (NGC)
• Grade: AU55 (About Uncirculated 55), indicating minimal wear on the highest points while retaining substantial original luster—a remarkable state of preservation for a coin of this age and origin.
• Certification ID: 1737628004
• Rarity: A genuinely scarce numismatic treasure, highly coveted by collectors specializing in territorial and pioneer gold coinage.

Collecting and Preservation Advice

To ensure the lasting condition of this historic 1850 Mormon Five Dollar, always handle its protective NGC slab by the edges. Store the encapsulated coin in a stable, cool, and dry environment, away from direct sunlight or extreme temperature shifts. The NGC certification provides an independent assurance of its authenticity and grade, offering peace of mind to the discerning collector.

Secure This Piece of Frontier History

This 1850 $5 Territorial Gold Coin, an NGC AU55 Mormon Five Dollar, represents a unique chance to acquire a significant artifact from America's rich frontier heritage. Given its extreme scarcity and profound historical importance, opportunities to own such a well-preserved example are rare. Act promptly to add this exceptional piece of territorial gold to your esteemed collection today.