1855 Proof California Gold $50 - 1855' $50 Kellogg - Original Dies Restrike S.S. Central America

Coin Details

Auction Record

$43,200 PR67DCAM 11-21-2023 Stack's Bowers

Description

The 1855 proof Kellogg & Company fifty-dollar gold piece struck from original dies as part of the S.S. Central America recovery restrike program represents a unique convergence of California Gold Rush history and modern numismatic enterprise. The original dies, preserved on the ocean floor for over 130 years after the S.S. Central America sank in 1857, were recovered and used to produce this limited proof restrike. Unlike the commercial business-strike restrikes, this proof version was struck with special care, exhibiting mirror fields and frosted devices characteristic of proof coinage. The use of original dies means this is technically an original Kellogg product, albeit struck decades after the firm’s closure. The S.S. Central America restrike program generated intense numismatic interest and debate. Proponents argued that pieces struck from original dies are legitimate extensions of the original coinage, while critics viewed them as modern products. Regardless of position, these pieces are universally recognized as historically significant artifacts of the California Gold Rush.

Rarity Notes

Rare as a proof restrike. The limited production from original dies gives this piece both historical and numismatic significance.

Cross References

PCGS #812033; NGC #31324; Kellogg & Co.; S.S. Central America; original dies proof restrike