HomeAuctionsCalifornia Fractional Gold Featured in July 22 Heritage Showcase Auction

California Fractional Gold Featured in July 22 Heritage Showcase Auction

California Fractional Gold Featured in July 22 Heritage Showcase Auction

One of the Showcase auctions now open for bidding from Heritage Auctions is the July 22 California Fractional Gold Showcase Auction, a selection of 58 pieces of California fractional gold.

These very small coins, privately struck in California from the 1850s to the 1880s, were minted in both octagonal and round shapes. Obverses commonly depict Liberty, an Indian, or George Washington. Nearly half of the coins in this auction are tiny gold 25 cent pieces, the smallest of the small; others coins represented in this auction have denominations of 50 cents and $1. While these fractional gold coins are often quite rare from an absolute basis, they are not especially expensive, with many issues selling for under $500.

One particularly interesting piece in this auction is lot 91058, an 1872-dated Indian Head Round Dollar, a rare (Lor R.6) Period Two piece struck by prolific San Francisco maker C.F. Mohrig. Unusually, it displays the inscription TOKEN on the reverse below 1 DOLLAR. The Breen-Gillio reference calls this variety “The only piece in the series to proclaim itself a token, from fear of prosecution following the Hershfield and Mitchell arrests.” This PCGS-graded Select example displays reflective fields and well-struck motifs with bright straw-gold color. Only minor signs of handling are evident.

Some of the other notable offerings in this auction include:

Bidding is open now and continues until the live session at 6 PM CT on July 22. Bid on these coins exclusively at Coins.HA.com.

Heritage Auctions
Heritage Auctionshttps://www.ha.com/
Heritage Auction Galleries is one of the world's largest collectibles auctioneers. Besides offering rare and valuable U.S. and world coins and currency, Heritage offers ancient coins, exonumia, antiques, comic books, sports memorabilia, and many other collectibles. The firm is based in Dallas, Texas.

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