BG- 307, 1856 California Gold Rush Circulating Fractional Gold 50C, Liberty Octagonal, NGC MS65, R5+

Here is a stunning example of the rare BG-307 variety of the extensive California Fractional Gold series to add to your collection. This piece was struck by Frontier, Deviercy & Co. of San Francisco, the famed producer of Fractional Gold coinage. Out of its unknown mintage, there have been only 17 graded by NGC. NGC has graded one as MS65 with none finer. PCGS has graded 2 as MS65 with a single piece graded MS66. Collector’s Universe prices this issue at $8,750.00 in MS65.

The obverse presents a Liberty head that is derivative of the Federal issues of its day. Surrounding her are 13 stars. The reverse displays "1/2/ DOLLAR/ 1856/ ★" within a beaded circle. Outside the circle near the rim is "CALIFORNIA" (L) "GOLD" (R). This piece would be a dramatic addition to your collection.

Historic view of San Francisco in 1856, the year this coin was struck. Photo: Library of Congress.