Goldberg Coins and Collectibles

Sale 32

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Lot 2357

1848 $2.50 Liberty. CAL above eagle. NCS graded AU-50 Details. Mount removed. Bright example. One of the most important early quarter eagles of the Gold Rush, these were coined from a 230 ounces of gold from the first shipment out of California. To mark the event, the California gold was designated for quarter eagles which were each stamped with the word "CAL." above the eagle's head on the reverse. Only 1,389 were coined, and most of those entered circulation. A few were saved however, and we are proud to present one here. The surfaces show moderate handling marks, mostly in the fields, as expected for the grade (PCGS # 7749) .
Estimated Value $14,000 - 16,000.

Realized $21,850

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