05/14/2026
When I first laid eyes on this coin I couldn’t get it out of my head for two days straight. The price tag for it seemed astronomical at the time relative to its auction “peers” on similar grade but something about the natural skin on the coin I just couldn’t ignore. I had never bought a piece of pioneer gold before but this coin had a certain magical quality beckoning my name.
With this Wass I would embark on an exciting journey to pursue some of the best pieces of pioneer gold I could both find and afford.
The luster on this gold Eagle presents very differently from US mint coins in this era. The process, the tools, the dies, and the raw materials were all markedly divergent. A fairmont coin presents NOTHING like pioneer gold, especially a Wass. This coin is an AU58 in disguise - it’s gritty, its crusty, its grainy, its divine.
For this reason a green sticker would be a curse on this slab, not a blessing. When I submitted it to CAC I attached a friendly request:
***** “Gold CAC consideration only! - please don’t sticker it otherwise” ****
That is to say, a green sticker would hurt this coin because it is far and away a standout. A green sticker would be a stamp saying it’s a nice AU50 and nothing more. This coin is far from that.
Thankfully the sticker fairies agreed in this instance and awarded the coin a gold CAC. Huzzah!
Luster on pioneer is nothing like your traditional gold and it must be studied and appreciated on its own relative to its peers.
Pioneer luster is not easily understood even by the seasoned veterans.
This particular example became the plate coin on David McCarthy’s book on pioneer gold and I get to remember it with fondness every time I thumb through it.
Remember: you are your best advocate.