US Pacific Company Gold Pieces (Fakes are possible)  1849
US Pacific Company Gold Pieces (Fakes are possible) 1849

Look at the amazing coin in our main picture. It is from Heritage Auctions where it sold for $11,500 in 2002. Nice! There are 4 known specimens of this coin. I'm surprised it did not sell for more.

Of course there are plenty of known fakes of this coin. That, most certainly, is what you have, AJ. Fakes are worth zero.

The Red Book, or A Guidebook to United States Coins says that the origin of the Pacific Company is very uncertain. All date regarding the firm are based on conjecture. These coins were probably hand struck with the aid of a sledge hammer.

There are 1, 5, and 10 dollar denominations. I've seen fakes with 2 1/2 dollar denominations.

As always, CoinQuest is indebted to Heritage Auctions for use of their coin photo. Thank you, kind sirs.

Coin: 15311 , Genre: United States
Requested by: AJ PAI, Wed, 28-Aug-2013 10:22:35 GMT
Answered by: Paul, Thu, 29-Aug-2013 15:22:37 GMT
Reviewed by CoinQuest. Appraisal ok., Thu, 20-Aug-2015 14:18:37 GMT
Requester description: 1849 5 DOLLARS PACIFIC COMPANY CALIFORNIA 5$
Tags: pacific company gold pieces piece fakes counterfeit au goldish golden goldenen peice replica forger counterfet fake counterfiet reproductions repro reproduction counterfeits replicas forgery 5 dollars dollar california dollare dolls doller dol cap hat rays ray stars star helmeted hood caps headband hooded helmet bonnet helmit helmets headdress beams radiating radiates beam radiate radiant starrs eagle hawk falcon starburst sun sunburst eaglets egals egal eagles eagel burst sunrise sola sol sunshine sunset sunlight sols


very neat, just curious any specific reason why they went with that pattern on the back? It reminds me of a mexican peso. - jeronimo
It is likely that the cap and rays design was used simply because of the familiarity - California had only been recently acquired from Mexico and people were used to seeing this design. - CoinQuest (Todd)




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