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Heritage California Fractional Gold Auction Ends March 15

Heritage California Fractional Gold Auction Ends March 15

One of the Month-Long auctions now open for bidding at Heritage Auctions is the March 15 California Fractional Gold US Coins Special Monthly Auction, a selection of 176 pieces of California fractional gold.

These very small coins, privately minted 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. The majority of coins in this auction are tiny gold 50 cent pieces; others were minted in denominations of 25 cents and $1, and both are also represented here. 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 fascinating and rare piece offered in this auction is an 1875 50C Indian Round 50 Cents, BG-1036, graded MS62+ Deep Prooflike by NGC. This is an extremely rare variety, with only four pieces known according to PCGS. PCGS and NGC combined list six grading events, suggesting duplication. This Plus-designated coin is one of two Deep Prooflike pieces at NGC. The coin is well struck and deeply reflective, with bright butter-gold coloration. Light marks on each side determine the grade, but with a variety this rare one has to wonder if the present offering may be a once-in-a-lifetime opportunity.

Other notable offerings in this auction include:

Bidding is open now and continues until the live session at 6 PM CT on October 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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