Name: 1849 G$10 Cincinnati Mining & Trading, K-3 MS
SKU: 11737

View Image Gallery Image for 1849 G$10 Cincinnati Mining & Trading, K-3 MS

1849 G$10 Cincinnati Mining & Trading, K-3 MS

Thank you to our sponsors!

Go check them out!

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.

Obverse Description

Native American facing left CINCINNATI MINING & TRADING COMPANY.

Reverse Description

Eagle bearing a shield, arrows, and laurel, CALIFORNIA TEN DOLLARS, 1849.

Book Reference

Today, there are three collectible examples of the 1849 Cincinnati Mining & Trading $10 coin, all of which grade About Uncirculated. One of these is struck over a J.S. Ormsby $10 coin, 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 Brilliant Uncirculated example that was removed from a bullion deposit in 1849 or 1850. The DuPont example—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 K-2 variety probably does not exist.

Obverse: N.ative American facing left, CINCINNATI MINING & TRADING COMPANY

Reverse: Eagle bearing a shield, arrows, and laurel, CALIFORNIA TEN DOLLARS

. 1849