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Hey, PocketPieceCommem! The lowest grade OREGON ever!
MrEureka
Posts: 23,939 ✭✭✭✭✭
Heritage ANA sale:
1849 $5 Oregon Exchange Co. Five Dollar Fair 2 PCGS. K-1, R.5. Oregon pioneers were among the first to hear of the discovery of large quantities of gold in California and among the first immigrants to the gold fields. Some of these miners returned to Oregon with bags of gold dust, which could not be efficiently traded. Private coinage was once again the solution, as the Oregon Exchange Company, composed of territorial politicians and merchants, sprang into being. Five and Ten Dollar gold coins were struck at a two-story building at the corner of 5th and Water Streets in Oregon City. Prominently featured on the obverse of their coins was the beaver, the symbol of the industrious Oregonian. This heavily worn example shows a fully outlined beaver. T.O. (for Oregon Territory) is clear, and the date is mostly legible. The reverse is worn smooth save for the denomination, 5 D. Listed on Page 307 of the 2005 Guide Book.
1849 $5 Oregon Exchange Co. Five Dollar Fair 2 PCGS. K-1, R.5. Oregon pioneers were among the first to hear of the discovery of large quantities of gold in California and among the first immigrants to the gold fields. Some of these miners returned to Oregon with bags of gold dust, which could not be efficiently traded. Private coinage was once again the solution, as the Oregon Exchange Company, composed of territorial politicians and merchants, sprang into being. Five and Ten Dollar gold coins were struck at a two-story building at the corner of 5th and Water Streets in Oregon City. Prominently featured on the obverse of their coins was the beaver, the symbol of the industrious Oregonian. This heavily worn example shows a fully outlined beaver. T.O. (for Oregon Territory) is clear, and the date is mostly legible. The reverse is worn smooth save for the denomination, 5 D. Listed on Page 307 of the 2005 Guide Book.
Andy Lustig
Doggedly collecting coins of the Central American Republic.
Visit the Society of US Pattern Collectors at USPatterns.com.
Doggedly collecting coins of the Central American Republic.
Visit the Society of US Pattern Collectors at USPatterns.com.
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Doggedly collecting coins of the Central American Republic.
Visit the Society of US Pattern Collectors at USPatterns.com.
I would think it's the easiest. Can you explain??
Sure. At that grade level, almost all of the die characteristics, strike characteristics and surface characterics are obliterated. I don't imagine an authentic AG would look much different than a decent counterfeit that has been legitimately worn down to the same level of detail. It might take a trip to the SEM-EDX lab to figure out if the coin was really struck from native Oregon gold. And even that's not conclusive!
Doggedly collecting coins of the Central American Republic.
Visit the Society of US Pattern Collectors at USPatterns.com.