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Help With An Estate Piece Valuation - California Gold Token

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New Member

United States
3 Posts
 Posted 10/05/2015  4:53 pm Show Profile   Bookmark this topic Add Serapium to your friends list Get a Link to this Message Number of Subscribers
Hello all! New to this forum and not a coin collector, but arrived here in trying to establish the general value for a piece found in my Mother's estate so that we can square away accounting issues.

As I said, I'm not a coin collector so I do not have the resources available that an enthusiast may have at their disposal. What I have been able to glean is that this is likely a reproduction due to the fact that is has a bear on the back side, and no denomination stamped anywhere.

That said, despite extensive Internet searching I have been unable to locate even a single image or reference to a coin of this design. It's entirely possible that I just missed it somewhere along the way, but if someone could help with a description and an estimation of value we would greatly appreciate it. Our understanding is that even though it is likely a reproduction, that it may still have some value of significance. My Mother kept it in her safety deposit box, so she at least thought it to be valuable.

Thank you in advance for any advice.

Help-With-An-Estate-Piece-Valuation---California-Gold-Token

Help-With-An-Estate-Piece-Valuation---California-Gold-Token
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John1's Avatar
United States
56855 Posts
 Posted 10/05/2015  5:58 pm  Show Profile   Bookmark this reply Add John1 to your friends list Get a Link to this Reply
New Member
United States
3 Posts
 Posted 10/05/2015  6:44 pm  Show Profile   Bookmark this reply Add Serapium to your friends list Get a Link to this Reply
Huh. So it may actually be genuine? Where does one go, in that case, to verify? Will a traditional retail coin dealer know anything about these?
Rest in Peace
Buddy's Avatar
United States
7075 Posts
 Posted 10/05/2015  7:25 pm  Show Profile   Bookmark this reply Add Buddy to your friends list Get a Link to this Reply


You could send it to a third party grader like PCGS. Go to the PCGS site and look for info. there. You will have to pay a bit but the coin will be examined by an expert.

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Cascade's Avatar
United States
7390 Posts
 Posted 10/05/2015  9:09 pm  Show Profile   Bookmark this reply Add Cascade to your friends list Get a Link to this Reply
Send it to anacs not pcgs as you don't need to buy a membership. Should cost you around $40
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nalaberong's Avatar
Canada
2805 Posts
 Posted 10/05/2015  11:10 pm  Show Profile   Bookmark this reply Add nalaberong to your friends list Get a Link to this Reply
I believe this is a piece of souvenir gold produced in the early 20th century, perhaps emulating the real commemorative gold coins of the era (I'm not sharp on the specifics). There are quite a few of these kicking around, with designs from various Western entities - it's also possible to find "IDAHO GOLD", "MANITOBA GOLD", and so on. (Or so I seem to remember.) This isn't my area of expertise at all, but I'm quite confident that it no connection to the 1849 California gold rush - still, it may have some other kind of value. I wouldn't mail it to anybody until you can find out what it is exactly.

This link has information on similar souvenirs from British Columbia:
http://www.calgoldcoin.com/oldhtml/canada.htm
Edited by nalaberong
10/05/2015 11:14 pm
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jerseyben's Avatar
United States
1211 Posts
 Posted 10/06/2015  08:31 am  Show Profile   Bookmark this reply Add jerseyben to your friends list Get a Link to this Reply
I find it remarkable that anyone would encourage this person to have it authenticated by a TPG...

http://www.calgoldcoin.com/

Click on "coins for sale list". Then select "bears> reverses" and click "show it".

Your coin is "Bear3 Round 1 1849 Minerva #4. It is listed as "gold" and priced at $75 retail.
New Member
United States
3 Posts
 Posted 10/06/2015  11:32 am  Show Profile   Bookmark this reply Add Serapium to your friends list Get a Link to this Reply
Thanks, Jersey!
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