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The only Moffat ingots known in private hands are the $16 monetary ingots. Unlike the earlier Moffat assay ingots, these pieces are only marked with the fineness of 20 3⁄4 carats, and the value of $16, making it impossible to calculate their weight without a scale. At the time these pieces were issued, they were apparently widely referred to as “California Doubloons” due to their denomination. Contemporary reports indicate that $16 Moffat Ingots were not of a consistent weight or fineness when assayed. One example tested in 2017 weighed.931-oz and had a fineness of.879, yielding a gold value (in 1849 dollars) of $16.91.
Obverse Description
MOFFAT & CO. 20 3/4 CARAT $16.00
Reverse Description
Blank reverse.
Catalog Information
GSID:
11814
Obverse Lettering:
MOFFAT & CO. 20 3/4 CARAT $16.00
Strike Type:
Business
Coin Shape:
Rectangular
Edge:
Plain
Variety:
Moffat & Co.
Variety 2:
Ingot, 20 3/4 Carat, K-3
Coin Date:
(1849)
Denomination:
G$16.00
Designation:
MS
Mint Location:
San Francisco
Coinage Type:
Private & Pioneer Gold
Coinage Years:
1849-1850
Composition:
Gold
Rarity:
6
PCGS #:
10253
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Coin Value History
(1849) G$16.00 Moffat & Co., Ingot, 20 3/4 Carat, K-3 MS
Value By Grade
(1849) G$16.00 Moffat & Co., Ingot, 20 3/4 Carat, K-3 MS
CPG (retail) values
Currency
Grade Range
Grading Authority
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Pricing
1849 G$5 Moffat & Co., K-4 MS
Worth: $2,800 – $150,000
(1849) G$9.43 Moffat & Co., Ingot, 21 7/16 Carat, K-1 MS
1849 G$10 Moffat & Co., TEN D., K-5 MS
Worth: $7,500 – $72,000
(1849) G$14.25 Moffat & Co., Ingot, 21 3/4 Carat, K-2 MS
1849 G$10 Moffat & Co., TEN D., K-5 PR
1849 G$10 Moffat & Co., TEN DOL., Period below Arrowhead, K-6 MS
Worth: $7,500 – $120,000
1849 G$10 Moffat & Co., TEN DOL., Period above Arrowhead, K-6a MS
Worth: $7,500 – $33,600
1850 G$5 Moffat & Co., K-7 MS
Worth: $3,750 – $240,000
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