The 1943 bronze Lincoln cent, graded Extra Fine by PCGS, was acquired from a family that held it unverified since the early 1960s.
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
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Subject: I would like to contribute catalog info to CDN for (1849) G$16.00 Moffat & Co., Ingot, 20 3/4 Carat, K-3 MS
Body: Referring page: http://www.greysheet.com/prices/item/1849-moffat-sixteen-dollar-ingot-kagin-3-territorial-gold-coinage/gsid/11814 GSID: 11814 Title: (1849) G$16.00 Moffat & Co., Ingot, 20 3/4 Carat, K-3 MS
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