RARE 1875/3 BG-1058 Indian Round 50¢ California Fractional Gold MS66 NONE HIGHER

Description

NOTE: CANNOT BE SHIPPED UNTIL SECOND WEEK OF MARCH
RARE 1875/3 BG-1058 Indian Round 50¢ California Fractional Gold MS66 NONE HIGHER
Extremely high rarity rating with about 200-500 known
If you collect
California Fractional Gold this is the coin you want!
This reddish-gold Premium Gem is characteristically prooflike.
The underdigit 3 is clear beneath the primary 5.
Struck from rotated dies. Population: 2 in 66,
0 finer
From 1852 onward, the lack of small gold coins during the California gold rush led private mints to strike quarter, half and dollar gold coins from locally occurring gold supplies. Due to their size and ease of handling, their use was limited and these became more commonly used as souvenirs. The coinage act of April 22, 1864 made private minting of these coins illegal. Complying with the coinage act, non-denominated coins and tokens were produced between 1872-1883. The early issues have Liberty Heads and latter issues have the Indian Heads.
(see Rarity and Survival Estimates at the bottom of the page)
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Rarity and Survival Estimates
GRADES
SURVIVAL
ESTIMATE
NUMISMATIC
RARITY
All Grades
275
R-6.5
60 or Better
185
R-7.1
65 or Better
8
R-9.6