1849 $5 Oregon Exchange Co. PCGS #10288

Owner's Comments

Ten were over struck on an authentic $10 gold Indian half eagle. Struck at Daniel Carr’s mint. Dies used were 1950 Seattle Coin club medal featuring a large beaver similar to that used on the North West Company token of 1820, and a 1946 Oregon Numismatic Society die pair with the smaller beaver similar to that used with the Oregon Exchange Company $10 in 1849.

Expert Comments

Ron Guth

The mintage of the 1849 $5 Oregon gold piece has been listed as 6,000 pieces (and possibly more), but the number of surviving examples is exceedingly low.  PCGS has certified just over two dozen examples, which may include some duplicates.  To date, no Mint State examples have turned up.  The wide distribution of grades (from Fair 2 to AU 58) indicates the coins were accepted by their intended audience, and the pieces circulated freely. 

PCGS #
10288
Diameter
0.00 millimeters
Weight
0.00 grams
Mintage
0
Metal
Gold
Pop Higher
0
Pop Lower
0
Region
The United States of America
Price Guide
PCGS Population
Auctions - PCGS Graded
Auctions - NGC Graded

Condition Census Learn More

Pos Grade Thumbnail Pedigree and History
1 PCGS MS62 PCGS MS62

As NGC MS62 #236315-004. "The Riverboat Collection," Heritage Auctions, April 2014, Lot 5449 - $258,500. As PCGS MS62 #28892937. Stack's Bowers, August 6, 2020, Lot 1326 - $336,000; "The Palisades Collection" (PCGS Set Registry). Finest known. Horizontal mark in the field below the beaver's hindquarters and tail. Reverse: Notable gouge touching the base of the "G" in OREGON. Diagonal contact mark between "TI" (NATIVE) and "LD" (GOLD). Small diagonal mark beneath the "H" in EXCHANGE.

2 PCGS AU58 PCGS AU58
2 PCGS AU58 PCGS AU58
2 Est. AU58 Est. AU58
5 PCGS AU55

"The Blue Ridge Mountains Portfolio," Stack's Bowers, August 15, 2018, Lot 1423 - $120,000. Features diagonal marks above "W.R." and a tick near the rim above the "M." A tiny tick is also visible in the field beneath the "R." Reverse: Shows green-gold coloration just inside the rims and dark discoloration above "GOLD."

PCGS MS62 #1 PCGS MS62

As NGC MS62 #236315-004. "The Riverboat Collection," Heritage Auctions, April 2014, Lot 5449 - $258,500. As PCGS MS62 #28892937. Stack's Bowers, August 6, 2020, Lot 1326 - $336,000; "The Palisades Collection" (PCGS Set Registry). Finest known. Horizontal mark in the field below the beaver's hindquarters and tail. Reverse: Notable gouge touching the base of the "G" in OREGON. Diagonal contact mark between "TI" (NATIVE) and "LD" (GOLD). Small diagonal mark beneath the "H" in EXCHANGE.

PCGS AU58 #2 PCGS AU58
PCGS AU58 #2 PCGS AU58
Est. AU58 #2 Est. AU58
#5 PCGS AU55

"The Blue Ridge Mountains Portfolio," Stack's Bowers, August 15, 2018, Lot 1423 - $120,000. Features diagonal marks above "W.R." and a tick near the rim above the "M." A tiny tick is also visible in the field beneath the "R." Reverse: Shows green-gold coloration just inside the rims and dark discoloration above "GOLD."