1857 California Gold Indian - Bear "1/2" Octagon Token NGC MS67
Privately minted in 1857 when many California gold coins were produced before the new U.S. Mint standardized coinage, this exceptionally well preserved Indian Head - Bear "1/2" Octagon coin is graded Mint State 67 by NGC. The gold weight contained in these coins were considered fractional and minute that the coins were referred to as "tokens" rather than coins.
Most of these privately issued California gold rush era coins are extremely rare today, as most were melted down and converted to official coins by the U.S. Mint.
The obverse features the iconic Indian Head design, whilst the reverse depicts a bear alongside the "1/2" mark, denoting its half dollar denomination. The writing on the reverse reads, "California Gold" and is indicative of the period of time during the California Gold Rush in which this coin was created and intended for circulation.
At Commonwealth Coins and Collectibles, a family-run and owned business with a strong reputation for customer satisfaction and great prices, we are proud to offer this remarkable piece of American numismatic history. Add this rare token to your collection with confidence, backed by our trusted service and expertise.
The item pictured is the item you would receive.
This item would be shipped via FedEx with an adult signature requirement.
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