New California Gold Variety Identified, Bg-529A

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CCFPress Press Manager United States 1420 Posts	Posted 09/16/2016 10:34 am Numismatic News - A privately minted $1 gold coin has been identified as a new variety of California fractional gold, thanks to the combined detective work of Numismatic Guaranty Corporation and Stack's Bowers Galleries. The newly identified coin is an octagonal 1854 $1 gold piece. Kicking off the effort to identify the gold piece was the submission of it to NGC. NGC said its graders attempted to attribute the 1854 dollar according to BG catalog numbers, but determined that it did not match any of the known varieties listed in the reference book. They could see that the coin was clearly struck from the same reverse die as BG-529, which is identified by the two stars between GOLD and DERI. However, the obverse was not the same as BG-529. Placement of both the Liberty Head and stars were much different. California fractional gold pieces were struck by private mints in California during the Gold Rush. There was a lack of small change. The private coins were issued beginning in 1852 in 25-cent, 50- cent and $1 denominations. Read the Entire Article Subscribe to Numismatic News Report this Post to the Staff

TypeCoin971793 Pillar of the Community United States 6370 Posts	Posted 09/16/2016 6:38 pm Yay! NGC does a correct attribution for once! Still a cool find. I'm sure the owner was pleased. Report this Post to the Staff
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