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Is This A Gold Token Or Gold Coin

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UnkleDo's Avatar
United States
4 Posts
 Posted 09/07/2022  12:10 pm Show Profile   Bookmark this topic Add UnkleDo to your friends list Get a Link to this Message Number of Subscribers
I have no idea if this is a Token or Coin or how to find out the Value. I have took it to two coin shops and the were not eager to buy just because it does not have a amount attached to it. Is this a valuable coin/Token? I think it's pretty neat and historic for California history especially being in the MS state that it is in. (mind you this Token/Coin is the size of a PEA, literally. Thank you for any and all help

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Is-This-A-Gold-Token-Or-Gold-Coin
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chafemasterj's Avatar
United States
6514 Posts
 Posted 09/07/2022  12:35 pm  Show Profile   Bookmark this reply Add chafemasterj to your friends list Get a Link to this Reply
Neat piece. I am of no help to you in determining a value. Someone will be along soon I'm sure that knows much more than I.

By the way. . . Welcome to the Forum. You've come to a phenomenal place to share and learn. Explore and Enjoy!
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jimbucks's Avatar
United States
4691 Posts
 Posted 09/07/2022  2:27 pm  Show Profile   Bookmark this reply Add jimbucks to your friends list Get a Link to this Reply
It's not a coin. IMO it's a fantasy piece. Many were made in the 1970s. Some had small amount of gold content, many did not.
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Australia
1610 Posts
 Posted 09/07/2022  5:50 pm  Show Profile   Bookmark this reply Add David Graham to your friends list Get a Link to this Reply
Considering the ICG slab says it is a charm, I would say it is a charm. Have you entered the number on the back of the slab in the ICG website? Also the wear to the edges suggest it may be gold plated but not solid gold.
Edited by David Graham
09/07/2022 5:52 pm
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UnkleDo's Avatar
United States
4 Posts
 Posted 09/07/2022  5:57 pm  Show Profile   Bookmark this reply Add UnkleDo to your friends list Get a Link to this Reply
I honestly did not know ICG graded fantasy coins, seems kind of pointless. Learning a lot on here.

I thought Charm meant like it was a charm of a coin; Charming Coin. Not a literal charm. Lol

Excuse me for bothering. Smh
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Australia
1610 Posts
 Posted 09/07/2022  6:14 pm  Show Profile   Bookmark this reply Add David Graham to your friends list Get a Link to this Reply
We are all learning around here, even long timers!

I suspect charm would be 'good luck charm'.

Grading companies have different policies on what they will grade so you are right in that some companies would not grade it. It would also explain why the dealers weren't interested.
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Sap's Avatar
Australia
16805 Posts
 Posted 09/07/2022  8:10 pm  Show Profile   Bookmark this reply Add Sap to your friends list Get a Link to this Reply
Technically, it is neither a coin, nor a token. It is a "fantasy replica" - not a coin, but designed to kind-of-look-like a coin. Fantasy coins like this, if one must put them somewhere on the "coin vs token vs medal" grid, are "medals".

Classifying it as a "charm" would seem a bit presumptuous to me; no doubt, many of these replicas did end up on charm bracelets, but I'm not sure it was the manufacturer's original intent. Most of these California fantasy gold pieces seem to date from the 1960s and the centennial of the gold rush, sold as souvenirs, and the gold used to make them was actual California gold (or at least, that's what the sellers would claim). Making "gold miniature coins" out of 8K gold for use as charms in jewellery became fashionable in the 1980s, with production mainly from Mexico, but the design for these miniatures was usually copied from larger gold coins, like the US double-eagle or Mexican onza.
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cointagous's Avatar
United States
1143 Posts
 Posted 09/07/2022  11:21 pm  Show Profile   Bookmark this reply Add cointagous to your friends list Get a Link to this Reply
It is a replica of pieces that were initially made during the gold rush by jewelers and assayers during the 1850's. This is likely gold plated and has a nominal value. Early Cal gold was used for commerce while later (1870's) were more for souvenirs. This is much later and was likely struck for the tourist trade. There are many many different charms like this of both the round and octagonal designs and they can sell for a few dollars.
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IndianGoldEagle's Avatar
United States
36415 Posts
 Posted 09/13/2022  09:40 am  Show Profile   Bookmark this reply Add IndianGoldEagle to your friends list Get a Link to this Reply
The ICG slab also calls it out as "CA Fractional Style". It's a copy.
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