1849 1849' Massachusetts & California Co. Copper Fantasy, Gilt Gold Half Eagle

Coin Details

Auction Record

$2,040 XF45BN 11-09-2022 Stack's Bowers

Description

This gilt copper fantasy of the Massachusetts & California Company half eagle combines a copper striking with a thin gold wash to approximate the appearance of the original five-dollar gold coin. The date notation indicates this piece bears the 1849 date but was produced at a later period, a numismatic convention signaling a restrike or fantasy rather than an original striking. The gilding transforms the copper fantasy into a more visually compelling piece that better evokes the gold original, making it a popular collectible for those who want the M&C design with an approximation of its intended metallic appearance. Over time, the thin gold layer typically wears through on high points and edges, revealing the copper beneath and creating the characteristic two-tone appearance that identifies gilt pieces. The distinction between this gilt copper fantasy and a genuine gold coin would have been immediately apparent to any experienced handler, as the weight, specific gravity, and overall feel differ significantly. These pieces were never intended to deceive but rather to serve the collector market's demand for attractive and affordable representations of important numismatic designs.

Rarity Notes

Scarce. Gilt examples are somewhat less common than plain copper fantasies due to the additional production step.

Cross References

Kagin reference series. Massachusetts & California Co. gilt copper fantasy.