1882 Gold Half Dollar - BG-1077

Coin Details

Auction Record

$2,524 MS64 10-20-2021 Heritage Auctions

Description

The 1882 California Fractional Gold Half Dollar (BG-1077) is a tiny round gold coin, measuring approximately 13 to 14 millimeters in diameter and representing a 50 cents denomination in the California fractional gold series. The second period of California fractional gold production saw these coins transition from pure monetary instruments to items valued equally by tourists, collectors, and jewelers who fashioned them into ornamental pieces. The obverse carries a small but detailed portrait of Liberty, the workhorse design of the California fractional gold series. Dozens of different Liberty Head dies were used across the many die varieties cataloged by Breen-Gillio, each with subtle differences in hair arrangement, coronet style, and portrait positioning. The reverse shows the denomination and related inscriptions. The remarkably diminutive size is one of the distinctive hallmarks of California fractional gold coinage, making these among the smallest coins ever struck for genuine commerce and adding a novelty that has long attracted collectors. This piece belongs to the second era of California fractional gold production, when these tiny coins transitioned from utilitarian currency to cherished mementos of California’s Gold Rush heritage. While sharing the conventional round format of federal coinage, the remarkably tiny size of these gold pieces set them apart from any circulating currency of the era, enhancing their appeal as novelties and decorative objects. Today, Period Two pieces constitute the majority of California fractional gold coins available to collectors, though scarce varieties and high-grade examples still command strong premiums.

Rarity Notes

Available in the California fractional gold market. Period Two pieces are the most frequently encountered fractional gold issues, though condition and specific variety affect value significantly.

Cross References

BG-1077; Breen-Gillio catalog; PCGS #10906; NGC #502077; California Fractional Gold Half Dollar; Round; Period Two (1859–1882)