1850 Mormon $5 Gold Piece CAC AU-53

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Author	Replies: 3 / Views: 201
CCFPress Press Manager United States 1420 Posts	Posted 03/06/2026 3:08 pm CAC - The California Gold Rush began at Sutter's Mill, California, in 1848. Two employees under James Marshall, the discoverer of the gold, were Mormon. This, paired with the proximity of local Mormon communities, gave rise to the Desert Mint of Salt Lake City. Mormon gold produced in Salt Lake City consistently had lower fineness, averaging 0.866 rather than the advertised "PURE GOLD." As a result, many of the coins produced were melted into bullion, resulting in low survival rates for these pieces. It is estimated that 50-75 examples of the 1850 $5 gold piece, pictured here, remain. With a mintage of 4,000, the estimated survival rate is roughly 1.5%! This piece is graded CAC AU53. Check out Mormon Gold on ebay Check out Mormon Gold on ebay Report this Post to the Staff

Dearborn Moderator United States 94586 Posts	Posted 03/06/2026 3:32 pm outstanding looking gold piece! Collecting since 1972. Learning from then on "Tell me and I forget. Teach me and I remember. Involve me and I learn." - Benjamin Franklin 7070 type set coin count: 51/76 Uncirculated American Silver Eagles My American Silver Eagle Proof Collection Sacagawea Dollars Innovation Dollars Eisenhower-Dollars Kennedy-Half Dollars Washington-Quarters Roosevelt-Dimes Buffalo-Nickels 1938-2005 Jefferson-Nickels Lincoln-Cents Report this Post to the Staff
Errers and Varietys Bedrock of the Community United States 73559 Posts	Posted 03/06/2026 3:57 pm Nice gold piece! Nice read as well. Errers and Varietys. Report this Post to the Staff
jbuck Moderator United States 187446 Posts	Posted 03/08/2026 5:42 pm Very interesting and a nice example! Coin Collector Since 1978 Avatar Old Avatar 7070 Eisenhower Australia Canada World CCF Members on eBay CCF eBay Search Engine Report this Post to the Staff
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