California Fractional Gold Coins
During the old times, Western people were aloof about using paper money. They didn’t trust it. And that means the gold coins during the time are well…worth their weight in gold! Back then, a gold dollar has the gold weight of a US Gold Dollar. On the other hand, a quarter dollar
When the privately owned mints started to issue these small gold coins, many of them circulated at a nationwide scale…quickly filling the need for coinage. Because of their dainty size (that holds true for the California Fractional Gold Coins!) many of them have been worn down pretty easily from circulation. Many of them are carried in the pockets of miners, merchants, and that’s just to name a few.
Just recently, many coin collectors and dealers documented the history of the California Fractional Gold Coins. Back then, very little is known about the California Fractional Gold Coins inside the US coin collecting industry. It was only when the Professional Coin Grading service started to document the unique properties of the California Fractional Gold coins did the collectors realize the significant rarity and properties that these coins have.
In my opinion, the California Fractional Gold Coins are uniquely collectible. And get hold of this – some of these coins have survived in Brilliant and Uncirculated condition. And it’s these California Fractional Gold Coins that been the most sought and highly prized in the series. Just how prized and sought after are these uncirculated California Fractional Gold Coins?
Check this out – back in 2003, the 1854 Round Defiant Eagle Quarter (a variant of the California Fractional Gold coins) has been sold at an auction for a whopping price of $48,000! However, don’t be led to think that California Fractional Gold Coins are for collectors with deep pockets. Nothing could be further from the truth! Matter of fact, many coin collectors – both veterans and newcomers, are attracted to the series because of the price range…each coin could be bought anywhere between $395 to $1,000 each. In any coin collector’s book, this price range is undeniably attractive for coins that have very low original mintages and small surviving population.
If you are a coin collector who places his attention on distinctive gold coins that are created all the way back during the days of Western Frontier Era of America, the California Fractional Gold Coins are definitely suitable for you. For the rarity, the uniqueness of size, and more, the price of California Fractional Gold Coins is simply unbeatable!
I’m convinced …hands down that the California Fractional Gold Coins are bound to take up a spot in the American Numismatics in the up and coming years. Series Numismatists have proven that there are less than 30,000 California Fractional Gold Coins existing nowadays. That’s for the entire series by the way. And that simply means only a couple of serious coin collectors will lay their hands on a single California Fractional Gold Coin. With such rarity for a very affordable price, these gold coins that have a wonderful history is worth going nuts for!
