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  5. (1849) G$16.00 Moffat & Co. Ingot, 20 3/4 Carat, K-3

(1849) G$16.00 Moffat & Co. Ingot, 20 3/4 Carat, K-3

CPG Values (What is CPG?)

Grade CPG Value
AU55 $360,000.00
AU58 $432,000.00
AU55 CAC $432,000.00
AU58 CAC $518,400.00

Apr Data

3 records found.

    Page 1 of 1
    Description Grade Auction House Sell Price Sell Date
    (1849) $16 Moffat & Co. 16 Dollar Ingot AU58 NGC. K-3, High R.6. 58 HA 384,000 01/14/2022
    (1849) Moffat & Co. 16 Dollar Ingot AU58 NGC. K-3, High R.6. 58 HA 199,750 06/08/2014
    (1849) Moffat & Co. G$16.00 MS Ingot, 20 3/4 Carat, K-3 55 American Numismatic Rarities 109,250 08/11/2006
      Page 1 of 1


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      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
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