Lot 1546
N/D (1853) Dollar Octagonal. Breen and Gillio-501. PCGS graded AU-55. Humbert Eagle Reverse. Nice natural toning with some lilac, blue and gold colors. Fresh, original, lustrous -- with reddish-brown to mellow golden accents including some residual luster on both sides. Well struck as well, with just a hint of weakness at a few of the hair curls. The stars are more fully formed than on some issues from the First Period of California Fractional Gold issuance.
This octagonal $1 design is sometimes referred to as a "microslug" because the eagle is a miniature version of the famous $50 octagonal gold "slugs" from the Territorial period in California gold rush history. BG-501 does not carry a date, but it is believed to have been made in 1853 by Frontier and Deviercy. It is a popular design type for California small denomination gold collectors, rarely offered and eagerly sought by advanced collectors.
Pop 9; 30 finer (PCGS # 10478) .
Estimated Value $5,000 - 5,500.
The Mark Gordon Collection Ex: Jay Roe Collection.
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| Realized $7,763 |
