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1855 $50 Territorial Gold Coin PCGS XF40 Wass Molitor Fifty Dollar - HAT910656008

1855 $50 Territorial Gold Coin PCGS XF40 Wass Molitor Fifty Dollar - HAT910656008

$66,640.00
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Discover a true rarity from America's past: the 1855 $50 Territorial Gold Coin by Wass, Molitor & Co. This exceptional piece, graded PCGS XF40, embodies the spirit of the California Gold Rush. A cornerstone of any advanced collection, this fifty-dollar gold slug offers a tangible link to a pivotal era of American commerce and expansion.

A Glimpse into Gold Rush California

In the mid-1850s, amidst the feverish activity of the California Gold Rush, a shortage of official federal coinage compelled private assayers and minters to produce their own currency. Wass, Molitor & Co. of San Francisco emerged as one of the most respected and prolific of these private enterprises. Their privately issued $50 gold pieces, often referred to as "slugs," were vital for facilitating large commercial transactions in the burgeoning economy.

These territorial gold coins represent a fascinating intersection of economic necessity, entrepreneurial spirit, and raw American ambition. Surviving examples are testaments to a time when gold was literally unearthed and immediately put into circulation, often without federal oversight, before the San Francisco Mint fully established its operations.

Distinguishing Characteristics

  • Denomination: $50 (Fifty Dollar)
  • Metal Composition: High-purity Gold
  • Origin: Wass, Molitor & Co., San Francisco, California
  • Year of Issue: 1855
  • Certified Grade: PCGS XF40 (Extremely Fine 40) – A highly desirable grade for a coin of this age and scarcity, showing moderate wear but strong detail.
  • Certification ID: PCGS #34542201. Securely encapsulated with a unique identifier.
  • Rarity: Considered one of the pinnacles of California Territorial Gold coinage, Wass, Molitor & Co. $50 pieces are exceedingly rare, with few surviving examples. Their historical context and limited production make them highly sought after by collectors.

Expert Advice for Numismatists

Acquiring a coin of this stature requires mindful care to preserve its condition and historical integrity. While this 1855 Wass, Molitor & Co. $50 gold coin is securely encapsulated by PCGS, here are general guidelines for handling and storage of such significant numismatic pieces:

  • Always handle encapsulated coins by their edges to avoid transferring oils or debris to the plastic holder.
  • Store your coin in a stable environment, away from extreme temperature fluctuations or humidity.
  • Ensure the coin is kept in a secure location, protecting it from theft or accidental damage.

Secure This Historical Treasure Today

Opportunities to acquire such historically significant and rare territorial gold pieces are few and far between. The 1855 Wass, Molitor & Co. $50 PCGS XF40 is more than just a coin; it's a testament to a foundational period in American history.

Don't miss the chance to add this extraordinary artifact to your numismatic legacy. Its scarcity ensures it remains a captivating center piece for any serious collection. Act now to make this remarkable 1855 $50 Territorial Gold Coin yours.