1848 $2.50 CAL. MS(PCGS#7749)

The Regency Auction XXIII October 2017

拍卖行

Legend Rare Coin Auctions

批号

481

等级

AU50

价格

370,420

详细说明

An incredibly historic and important coin, a classic in the the annals of American numismatics. After gold was discovered in the America River in California in 1848 near Sutter's Mill, 228 ounces were sent back to east in December of that year by the military governor, Col. R.B. Mason, directed to the Secretary of War, William Marcy. The gold was to be used to strike gold medals for General Zachary Taylor and General Winfield Scott--any remaining metal was to be used to strike quarter eagles, with "CAL." stamped in the field to recognize the historical significance of the source of the gold, resulting in a mintage of 1,389 pieces. The gold rush that ensued created one of the largest mass migrations in history, and changed the course of not just American history, but also world history. Like many of the CAL. $2.50s, the surfaces show a semi-prooflike reflection, which can still be seen despite the light wear. Pleasing orange gold coloration accents the nicely struck up devices. We do note a few tiny marks, totally acceptable for the assigned grade. Housed in an old green tag holder. PCGS 11, NGC 5. There has not been an example of this rarity sold in auction since June 2011. The current PCGS value is listed at $51,500. Owning an example of this VERY RARE issue is a goal for many collectors, but they just do not appear with enough frequency for most collectors to even see one, let alone being able to bid on and own one! Do not let this opportunity let you by! Cert. Number 6542498 PCGS # 7749