The unprecedented crossover underscores his personal efforts to combat “grade inflation.”
The Baldwin & Co. twenty-dollar piece was the first of that denomination issued in California. Baldwin coins are believed to have contained about 2% copper alloy. Although five Baldwin $20s are known, two examples are impounded (one in the Smithsonian Institution, and the other in the collection assembled by the Bank of California), and another was stolen from Willis Dupont in 1967 and has not been recovered. The two remaining examples grade choice XF and choice AU.
Obverse Description
Liberty Head with BALDWIN & Co. on diadem, 1851, 13 stars around.
Reverse Description
Federal eagle S.M.V. CALIFORNIA GOLD. TWENTY D.
Book Reference
Although five Baldwin $20 coins are known, two examples are impounded (one in the Smithsonian Institution, and the other in the collection assembled by the Bank of California). Another was stolen from Willis DuPont in 1967 and has not been recovered. The two remaining examples grade Choice Extremely Fine and Choice About Uncirculated.
Obverse: Liberty head with BALDWIN & C on diadem, 1851, with 13 stars around
Reverse: Eagle with shield on breast, S.M.V. CALIFORNIA GOLD TWENTY D.
Catalog Information
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Body: Referring page: http://dev.greysheet.com/prices/item/1851-baldwin-and-co-twenty-dollar-kagin-5-territorial-gold-coinage/gsid/11705 GSID: 11705 Title: 1851 G$20 Baldwin, K-5 MS
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The designs will be featured on a $5 gold coin, a $1 silver coin, and a half dollar clad coin.





