1853/54 California Gold Rush Circulating Fractional Gold $1, BG-501 Eagle Reverse PCGS MS63 R5

IN STOCK
SKU
21346067

No date appears on the coin, but struck circa 1853-1854, based upon comparisons made with other similarly-dated circulating California Fractional gold coins. Created by Frontier & Deviercy. The BG-501 to 504 issues show a majestic eagle reminiscent of the device used for the Humbert slugs on the reverse. This no doubt aided in the issue's acceptance in commerce, as most of the known survivors are circulated. One of the earliest recorded auction sales of this issue was in lot 1694 of Woodward's November 1862 sale of the Finotti Collection. The coin was described as "a very rare type," and realized $1.50. In 2006 the issue crossed the four-figure mark as a very eye-appealing PCGS MS63 brought $13,225 at public auction. Since then, it's common to figure the issue in MS63 or better in the five-figures.

$13,500.00

BG-501, (No Date) G$1 Liberty Head Octagonal, R5

  • No Date (c.1853-54) Gold $1 Dollar Liberty Head Octagonal, Rarity-5.
  • Period One - circulating issues between 1852 and 1856.
  • Redbook Type: Large Liberty Head / Large Eagle.
  • RedBook Collectors Sequence: RB-53 Made by Frontier-Deviercy.

Obverse: Large head; 13 stars; 1st star to left and slightly above point of bust.

Reverse: CALIFORNIA GOLD. ONE DOL. around large eagle with branch, shield, arrows and scroll.

CCJ 1; Burnie 1, EML 1, Lee 1A; D 408.

More Information
PCGS # 10478
BG Number 501
Grading Service PCGS
Grade MS63
Denom Type California Fractional Gold
Numeric Denomination Gold $1
Mint Location Private Issue
Designation NONE
Circ/UnCirc Uncirculated
Strike Type Business
Holder Variety BG-501 Eagle
Grade Add On NONE
Holder Type N/A

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