View All Dollar Octagonal, Period 1 (BG-501 to BG-534)

1853 Gold Dollar - BG-516

Strike Type
1853 Territorial coin

Coin Details

Year
1853
Denomination
Territorial
Strike Type
Regular Strike
Series
California Fractional Gold (1852-1882)
Designer
M. Deriberpie
Composition
Gold

Auction Record

Price realized
$20,400
Sold
Grade
MS61
Auction house
Heritage Auctions

Description

This octagonal California gold dollar, dated 1853, is BG-516 in the Breen-Gillio catalogue of California fractional gold and belongs to Period One (1852-1857). Period One pieces were struck privately in San Francisco from 1852 to 1857 to stand in for small change, which was short in Gold Rush California; most of them weigh well under the gold value of their face (Locke 2013). Their eight-sided shape is that of the octagonal fifty-dollar pieces of the United States Assay Office, a likeness one miner pointed out in an 1854 letter (Chandler). The obverse stars are weak from die polishing; the reverse legend reads GOID for GOLD with DERI (Locke). Catalogue number: BG-516 (Breen-Gillio). PCGS number 10493.

Rarity Notes

Unique (Breen-Gillio 2nd ed., as tabulated by Locke 2013)

Cross References

BG-516

External References

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