Coin Specifications

Category: Territorials
Composition: Gold
Fineness: 0.9000
Weight: 83.5900g
AGW: 2.4100oz
Melt Value: $3006.23 (12/10/2018)
Diameter: mm
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1855 WASS, MOLITOR & CO. $50 MS obverse 1855 WASS, MOLITOR & CO. $50 MS reverse
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Description & Analysis

After their first run of five and ten-dollar coins in 1852, Wass, Molitor and Co. halted their production of coinage with the hopes that the San Francisco Mint would finally begin striking the amount of gold coinage required for commerce. Unfortunately, this was not the case. In fact, due to a lack of necessary assaying supplies, the mint closed its doors in 1855.

This closure once again put strain on the few gold coins currently in circulation,and local bankers convinced Wass and Molitor to begin striking coins again. While no further five-dollar pieces were struck, ten, twenty, and fifty dollar coins were issued.

The $50 issue, pictured above, is one of the only $50 territorial pieces that circulated regularly in normal commerce. As was the case with the 1852 issues, many likely ended up being melted and converted into Federal coinage.

GRADE SUMMARY

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Price Guide

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Census

 
NGC GRADE SUMMARY

Total Graded: 37
Low Grade: VF
Average Grade: 53
High Grade: 64

The chart showing VF series, 40 series, 45 series, 50 series, 53 series, 55 series, 58 series, 60 series, 61 series, 62 series, 63 series, 64 series.
NGC CENSUS DETAIL Last Updated: 12/10/2018 1855 WASS, MOLITOR & CO. $50 MS
 PrAgGVGFVF4045505355586061626364656667686970Total
Base----448144233-31------37
-----------------------
-----------------------
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Total----448144233-31------37
 ----11 %11 %22 %3 %11 %11 %5 %8 %8 %-8 %3 %------ 

Upcoming Auctions


Auction Prices Realized

A random selection of coins is shown below.

Images
Date
Service
Grade
Auction House
Sale / Lot
Price
7/30/2008 NGC AU 50   Heritage Auctions 2008 July-August Baltimore, MD (ANA) US Coin Signature Auction #1114, 1114/Lot# 1863 $63,250.00
9/6/2009 NGC AU 58   Goldberg September 6-8, 2009 Pre-Long Beach Coin and Currency Auction, 54/Lot# 3564 $63,250.00
6/23/2010 PCGS AU 50   Teletrade Auction 2877, 2877/Lot# 2029 $75,900.00
2/28/2012 PCGS XF 40   Stack's Bowers The March 2012 Baltimore Auction, 135/Lot# 4239 $46,000.00
11/14/2014 NGC MS 61   Heritage Auctions 2014 November 14 - 15 Selections from the Eric P. Newman Collection Part V US Coins Signature Auction - New York Session(1), 1215/Lot# 3473 $164,500.00


NGC Registry

NGC Registry Score 1855 $50 MS WASS, MOLITOR & CO.
 PrAgGVGFVF4045505355586061626364656667686970
Base335836647371988247916099181026310480107881098411863126181328113970333333
3194760486714754785519412100331033510582108531127712114128391351013970333330
0000009412100331033510582108531127712114128391351013970333300
0000009665101481040710685109181157012366130601374013970333300
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Guest Article: So-called $50 Slug Facsimiles

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