The unprecedented crossover underscores his personal efforts to combat “grade inflation.”
Despite their apparent ubiquity in San Francisco in late 1849, today Miners’ Bank $10s are now scarce, with around 35 examples extant. Most are XF or AU, with a handful of mint state examples comprising the condition census. The gem mint state Ellsworth/Garrett specimen is the finest known example. In 2017, David J. McCarthy identified repeating depressions on the so-called “Crimped Border” Miners’ Bank $10s (see photo at bottom of page) that were “discovered” by John J. Ford in the late 1970s. These pieces are now known to be 20th-century die transfer forgeries.
Obverse Description
Plain obverse with only the lettering TEN D. * MINERS, BANK. * SANFRANCISCO.
Reverse Description
Federal Eagle CALIFORNIA 13 stars
Book Reference
Despite their apparent ubiquity in San Francisco in late 1849, today Miners’ Bank $10 coins are now scarce, with around 35 examples extant. Most are Extremely Fine or About Uncirculated, with a handful of Mint State examples comprising the condition census. The Gem Mint State Ellsworth/Garrett example is the finest known example. In 2017, David J. McCarthy identified repeating depressions on the so-called Crimped Border Miners’ Bank eagles that were “discovered” by John J. Ford in the late 1970’s. These pieces are now known to be 20th-century die-transfer forgeries.
Obverse: TEN. D. H MINERS, BANK. H SAN FRANCISCO.
Reverse: Eagle with shield on breast, CALIFORNIA. and 13 stars
“Crimped Border” Miners’ Bank forgery.
Catalog Information
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Subject: I would like to contribute catalog info to CDN for (1849) G$10 Miners Bank, K-1 MS
Body: Referring page: http://dev.greysheet.com/prices/item/1849-miners-bank-ten-dollar-territorial-gold-coinage/gsid/11806 GSID: 11806 Title: (1849) G$10 Miners Bank, K-1 MS
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Values
| Grade | CAC | CPG Value (Retail) | Greysheet Price (Wholesale) |
|---|---|---|---|
| MS61 |
|
$210,000 | $1,234 |
| MS61 | - | $156,000 | $1,234 |
| MS60 |
|
$1,234 | $1,234 |
| MS60 | - | $1,234 | $1,234 |
| AU58 |
|
$1,234 | $1,234 |
| AU58 | - | $1,234 | $1,234 |
| AU55 |
|
$1,234 | $1,234 |
| AU55 | - | $1,234 | $1,234 |
| AU53 |
|
$1,234 | $1,234 |
| AU53 | - | $1,234 | $1,234 |
| AU50 |
|
$1,234 | $1,234 |
| AU50 | - | $1,234 | $1,234 |
| XF45 |
|
$1,234 | $1,234 |
| XF45 | - | $1,234 | $1,234 |
| XF40 |
|
$1,234 | $1,234 |
| XF40 | - | $1,234 | $1,234 |
| VF35 |
|
$1,234 | $1,234 |
| VF35 | - | $1,234 | $1,234 |
| VF30 |
|
$1,234 | $1,234 |
| VF30 | - | $1,234 | $1,234 |
| VF25 |
|
$1,234 | $1,234 |
| VF25 | - | $1,234 | $1,234 |
| VF20 |
|
$1,234 | $1,234 |
| VF20 | - | $1,234 | $1,234 |
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