BG- 434, 1856 California Gold Rush Circulating Fractional Gold 50C, Liberty Round, NGC MS64 Prooflike R4-

IN STOCK
SKU
4907319003

Low Rarity-4. 1856 Gold 50C Liberty Head Round, initial N. on reverse. Period One - circulating issues between 1852 and 1856. Redbook Type: Large Liberty Head / 1856 in Wreath HALF DOL, initial N. below. Made by Antoine Louis Nouizillet.

Attractive, more affordable Fractional Gold variety in MS64PL. NGC has graded 6 of the BG-434 in Prooflike. Of those, there are 2 in MS64PL with none finer. PCGS has graded 9 as Prooflike. Of those, there is 1 in MS64PL with 3 finer.

 

Lessons from California's Gold Rush - Amazon Aid Foundation

Gold miners during the California Gold Rush.

Don Kagin, the author of Private Gold Coins and Patterns of the United States (1981), explains how such coins were produced:

Most of the fractional coins were made by the hammer method .... This was a process of striking where the bottom die was placed on a block, a coin blank was laid upon it, and the top die upon the blank; this top die was then struck by a sledgehammer. Blows of varying intensity would cause potions of one side or edge to be more weakly struck than another. 

 

$1,400.00
More Information
PCGS # 10470
BG Number 434
Grading Service NGC
Year of Issue 1856
Grade MS64
Denom Type California Fractional Gold
Numeric Denomination G50C
Mint Location Private Issue
Designation PL
Circ/UnCirc Uncirculated
Strike Type Proof-Like
Holder Variety BG-434
Grade Add On NONE
Holder Type N/A
Is on Sale No

© AU Capital Management, LLC | Site by Digital Studio NW