1849 G$10 Cincinnati Mining & Trading K-3

Coin / United States of America / 1849 / Cincinnati, Ohio / Cincinnati Mining & Trading / G$10

Today, there are three collectible examples of the 1849 Cincinnati Mining & Trading $10, all of which grade AU. One of these is struck over a J.S. Ormsby $10, suggesting that Cincinnati Mining & Trading (or someone with their dies) was actively striking coins after J.S. Ormsby. Two examples are permanently impounded at the Smithsonian, including a choice BU specimen that was removed from a bullion deposit in 1849 or 1850. The Dupont specimen — stolen in 1967 — was at one time called plain edge but the earliest description of the piece (H. Chapman: 06/18/1908: 506a) describes it clearly as “border milled”, suggesting that the Kagin-2 variety probably does not exist.

coinage-type Pioneer & Territorial Gold
desg MS
edge Reeded
material Gold
mintage Unique
obverse-description Native American facing left CINCINNATI MINING & TRADING COMPANY.
pcgs-link 10125
pcgs-number 10125
reverse-description Eagle bearing a shield, arrows, and laurel, CALIFORNIA FIVE DOLLARS, 1849.
variety Cincinnati Mining & Trading
variety-2 K-1
year-display 1849