1872, USA, California. Fractional Gold Half Dollar (50 Cents) Coin. NGC MS-63!

Description

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1872, USA, California. Fractional Gold Half Dollar (50 Cents) Coin. NGC MS-63!
Mint Year: 1872
Reference: BG-914, KM-8.5.
Condition:
Certified and graded by NGC as MS-63!
Denomination: Octagonal Gold Hlaf Dollar (50 Cents) -
California Fractional Territorial Coinage!
Diameter: ca. 10mm
Weight: ca. 0.5gm
Material: Gold!
Obverse:
Braided diademed head head of Lady Liberty left. Date (1872) below, 13 stars around.
Reverse:
Star above fractional value (HALF), denomination (DOLLAR) and region (CAL.). All within wreath.
Authenticity unconditionally guaranteed.
Bid with confidence!
The
California Gold Rush
(1848–1855) began on January 24, 1848, when gold was found by James W. Marshall at Sutter's Mill in Coloma, California. The first to hear confirmed information about gold in California were residents of Oregon, the Sandwich Islands (Hawaii), western Mexico, and Central America. They were the first to go there in late 1848. All told, the news of gold brought some 300,000 people to California from the rest of the United States and abroad. Of the 300,000, approximately half arrived by sea, and half came overland from the east, on the California Trail and the Gila River trail.
The gold-seekers, called "forty-niners" (as a reference to 1849),   often faced substantial hardships on the trip. While most of the newly   arrived were Americans, the Gold Rush attracted tens of thousands from Latin America, Europe, Australia, and Asia.   At first, the gold nuggets could be picked up off the ground. Later,   gold was recovered from streams and riverbeds using simple techniques,   such as panning.   More sophisticated methods were developed and later adopted elsewhere.   At its peak, technological advances reached a point where significant   financing was required, increasing the proportion of gold companies to   individual miners. Gold worth tens of billions of today's dollars was recovered, which led to great wealth for a few. However, many   returned home with little more than what they had started with.
The effects of the Gold Rush were substantial. San Francisco grew from a small settlement of about 200 residents in 1846 to a boomtown of about 36,000 by 1852. Roads and other towns were built throughout   California. In 1849 a state constitution was written, and a governor and   legislature were chosen. California became a state as part of the Compromise of 1850.
New methods of transportation developed as steamships came into regular service. By 1869 railroads were built across the country from California to the eastern United States. Agriculture and ranching expanded   throughout the state to meet the needs of the settlers. At the beginning   of the Gold Rush, there was no law regarding property rights in the   goldfields and a system of "staking claims" was developed. The Gold Rush   also resulted in attacks on Native Americans,   who were forcibly removed from their lands. An estimated 100,000   California Indians died between 1848 and 1868, and some 4,500 of them   were murdered. Gold mining also caused environmental harm to rivers and lakes.
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