NNP Encyclopedia data is provided in cooperation with Whitman Brands, based on catalog data organized by the Greysheet Identification System (GSID).
Entry Details
PCGS Number: 10253 Coin Date: (1849) Denomination (Short): G$16.00 Denomination (Long): 16 Dollar Gold Ingot Variety: Moffat & Co. Variety 2: Ingot, 20 3/4 Carat, K-3 Desg: MS Composition: Gold Strike Type: Business Coinage Type: Pioneer & Territorial Gold Coinage Years: 1849-1850 Mint Location: San Francisco Edge: Plain Obverse Description: MOFFAT & CO. 20 3/4 CARAT $16.00 Reverse Description: Blank reverse. General Notes: The only Moffat ingots known in private hands are the $16 monetary ingots. Unlike the earlier Moffat assay ingots, these pieces are only marked with the fineness of 20 3⁄4 carats, and the value of $16, making it impossible to calculate their weight without a scale. At the time these pieces were issued, they were apparently widely referred to as “California Doubloons” due to their denomination. Contemporary reports indicate that $16 Moffat Ingots were not of a consistent weight or fineness when assayed. One example tested in 2017 weighed.931-oz and had a fineness of.879, yielding a gold value (in 1849 dollars) of $16.91. PCGS #: 10253 NGC ID: B429
