1852 California Gold Coin - Is This A Fake? - Page 2

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Conder101 Bedrock of the Community United States 17884 Posts	Posted 03/04/2019 07:55 am Quote: People who study this area of collecting extensively can't even agree as to whether or not the original California fractional gold ever circulated at all, or if it only circulated for a few years in the early 1850's. Some of the best evidence that they did circulate, at least in the 1850's, is that pieces were brought up from the SS Central America wreck. Report this Post to the Staff
thq Pillar of the Community United States 3343 Posts	Posted 03/04/2019 10:44 am Based on how worn some of the 1852-54 coins look they had to be used for a few years. A lot of them are holed, possibly from bring strung to carry. By the mid 1850's and the advent of SF mint silver they were bad money containing only about 75% of their face value in gold. They survived only as souvenir tokens. "Two minutes ago I would have sold my chances for a tired dime." Fred Astaire Edited by thq 03/04/2019 10:45 am Report this Post to the Staff
Eagles2019 New Member United States 37 Posts	Posted 03/15/2019 11:09 am Thank you I well this was my first attempt at a post Report this Post to the Staff
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