Do you like cowboys and the Wild West? If so, the Baldwin & Co. $10 gold coin from 1850. K-3. Rarity-6. Type of Horseman. Without a doubt, MS-64 (NGC) would be one of your favorite models.
The lot is called “Gorgeous 1850 Baldwin & Co. $10,” which makes it sound like something that a lot of fans would love to have. Without a question, this is the best California Gold Rush coin ever made.
When was this coin sold and where?
In August 2011, there was a live sale in Chicago. The last price was $281,750 back then. It is widely known as the “Vaquero” problem.
In Spanish, a cowboy is called a vaquero. It is important to draw attention to its pale green tones. Without a doubt, it is a glowing, bright yellow proof-like beauty.
Details in the horse and the cowboy’s outfit are also very appealing to experts. Besides that, the back eagle is well-defined. People who are interested in how many of these amazing creatures there are should know that there are about 12 to 15 of them in each Stack’s Bowers.
Has there been similar auctions to bid for this coin after this one?
One 1850 $10 Baldwin & Co. (Regular Strike) MS61 piece sold for $381,875 in 2014, according to Professional Coin Grading Services. For this sale, Heritage Auctions was the company that held the party.
This coin’s past during the California Gold Rush is very interesting. Balwin & Co. was started by George C. Baldwin and Thomas S. Holman. Then, they bought F.D. Kohler & Co.’s coining business.
After making that big move, the first coins were made. They were $5 and $10 gold coins with 1850 dates on them. In 1851, they kept making coins as well. This time, they made gold coins worth $10 and $20. When it was found that their coins had less gold than they said they did, people lost faith in them.
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