Coronet head, left, within circle of thirteen stars; date below / SAN FRANCISCO CALIFORNIA. Below eagle, no motto above eagle. John Glover Kellogg, a banker from New York, became associated with G. Richter who had been an assayer in the government assay office in San Francisco. The two worked as cashier and assayer of Curtis, Perry and Ward until the firm ceased operations and the pair went on to found their own enterprise, Kellogg & Co. On December 19, 1853. When financial institutions in San Francisco and Sacramento began noting the effects of a coin shortage, they urgently requested Kellogg & Richter to supply private coins until the forthcoming U. Branch mint went into operation. With the support of Curtis, Perry and Ward and that of Moffat & Co. Within a matter of two weeks later, on January 31, Kellogg & Richter announced they would commence operations to supply coinage and stem the shortages. The firm began issuing its private gold coins on February 9, 1854. When the new U. Branch mint finally opened on April 3, 1854, constant supply shortages caused them to stop production several times. Under the circumstances the bankers and local economy almost universally accepted these new coins being introduced. By late 1854 Kellogg & Co dissolved and reorganized as Kellogg & Humbert, who in 1855 went on to produce Twenty Dollar pieces in even greater quantities than before. To verify the authenticity of PCGS and NGC certified coins in this listing, enter each certification number on the respective NGC or PCGS cert verification webpages: 6321854007. This item is in the category “Coins & Paper Money\Coins: US\Gold (Pre-1933)\$20, Double Eagle”. The seller is “atlasnumismatics” and is located in this country: US. This item can be shipped worldwide.
- Certification: NGC
- Certification Number: 6321854007
- Grade: AU58
- Year: 1854
- Composition: AV
- Circulated/Uncirculated: Uncirculated