Extremely Impressive $50 Rarity 1850 Wass. Molitor & Co. $50 NGC AU53

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Wass, Molitor & Co. was founded by two Hungarian patriots who fled their homeland after their country's 1848 bid for freedom from Austria was quashed.

Count Samuel Wass and Agoston P. Molitor established an assay office in San Francisco in October 1851.

The firm issued private coinage in several denominations in the early 1850s, often in response to a direct petition from local businessmen to ease the chronic coin shortage that plagued the regional economy.

The 1855 Wass, Molitor & Co. $50 gold piece is the firm’s signature coin.

They were struck in 1855, during a period when the newly opened S.F. Mint had to shut down, due to a shortage of parting acids.

Wass, Molitor & Co. ceased coinage operations after 1855, when the Mint resolved its difficulties and could meet the needs of the local economy.

The NGC population is just 4 with 16 higher.

All items are shipped within 3 – 5 business days after receipt of payment unless otherwise stated at the time of purchase. Sets may require an additional 2 – 3 days for assembly and completion.We ship via US Postal Service: First Class Mail, Priority Mail and Express Mail services are available.

With the exception of Bullion Items, Eastern Numismatics offers a 30-day unconditional return guarantee covering our Numismatic and Collectible Items. Returned items must be received at ENI within 30-days of their delivery to the client for this guarantee to be in effect. Items must be sent to: ENI, 642 Franklin Avenue, Garden City NY 11530 Attn: Returns.

Let our four decades of honest service and industry networks work for you. Our efforts to improve product quality and service has led us to a diverse and exeptional numismatic inventory in order to meet the challenges of today’s rare coin market and the needs of our clients. We have been servicing investors and collectors since 1974 and are members of all major consumer and trade organizations, including the American Numismatic Association, the Better Business Bureau, the Professional Numismatists Guild. At Eastern Numismatics we are ready to work for you and help turn your rare coin investment into gold. Call today and speak with one of our qualified ENI coin consultants. They will help you select the best quality rare coins and precious metals for your hard earned money.

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