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<p>[QUOTE=&quot;GDJMSP, post: 119332, member: 112&quot;]I should have been more clear. All of the genuine Cal Gold coins were privately made and issued - there was no govt. entity at the time. Technically they are all tokens. Often the only thing that differentiates the genuine article from the reproduction is when it was made. Many of the reproductions are made of gold, but they weren&#039;t made in California during the late 1840&#039;s and early 1850&#039;s.[/QUOTE]</p><p><br /></p>

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