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V15 2012 INDEX       E-SYLUM ARCHIVE

The E-Sylum: Volume 15, Number 16, April 15, 2012, Article 8

QUIZ ANSWER: OREGON BEAVER GOLD COIN INITIALS

Regarding this coin, last week I asked, "What do the letters "K.M.T.A.W.R.G.S." AND "T.O." on the beaver coin stand for?" -Editor

Oregon beaver Gold coin
1849 $5 Oregon Beaver gold coin (image from CoinFacts.com)

Joe Boling writes:

"K.M.T.A.W.R.G.S." are the initials of the principals of the Oregon Exchange Company (I'm not going to invest the time needed to run them down). "T.O." is a typo for "O.T." (Oregon Territory).

Pete Smith writes:

Kilbourne, Magruder, Taylor, Abernathy, Wilson, Rector, Gill, Campbell and Smith: Territory of Oregon. Too easy!

Bob Neale had a more nuanced answer:

Kilborne, Magruder, Taylor, Abernethy, Wilson, Rector, Campbell and Smith set up the Oregon Exchange Co. I don't think there was a "G" but rather a "C". I don't know for sure, but guess that T.O. stands for Territory of Oregon.

Thanks for playing! Below is some text from the CoinFacts page where I found the coin photo, noting the reason for the "C" and "G" difference on some of the coins. -Editor

The dies contained two errors. Instead of "O.T." for Oregon Territory, "T.O." was mistakenly engraved, and where each partner's last initial appeared on the coins, Campbell's incorrectly appears as a "G." The company to avoid delay did not refashion the flawed dies.

While the $5 coins were being struck, Victor M. Wallace was engraving the dies for a $10 coin. The T.O. was properly changed to O.T., and C was substituted for the G in Campbell. The initials A (Abernethy) and W (Wilson) were omitted since they did not contribute toward purchasing the new equipment.

To read the complete article, see: Territorial : Oregon Gold (www.pcgscoinfacts.com/Hierarchy.aspx?c=850)

To read the complete article, see: MORE ON THE PROPOSED U.S MINT AT THE DALLES, OREGON (www.coinbooks.org/esylum_v15n15a10.html)

Wayne Homren, Editor

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