Possible California Gold Rush Quarter

Discussion in 'US Coins Forum' started by ValpoBeginner, Oct 11, 2018 at 8:47 AM.

  1. ValpoBeginner

    ValpoBeginner Well Known Supporter

    Wanted to know:

    Any thoughts on this coin being genuine: picked it up yesterday for way to little...
    magnifier_20181011_013642-01.jpeg magnifier_20181011_023538-01.jpeg
     
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  3. kanga

    kanga 60 Year Collector

    Get some light on the coin so that we can make a reasonable assessment.
     
  4. ValpoBeginner

    ValpoBeginner Well Known Supporter

    This is the best I can do under the circumstances:
    magnifier_20181011_012638-01-02.jpeg
     
  5. ValpoBeginner

    ValpoBeginner Well Known Supporter

    It tested as 96.8% pure on the sigma electronic precious metal tester last evening. But I could only find varities with denominations on the reverse in the Breen book.
     
  6. ValpoBeginner

    ValpoBeginner Well Known Supporter

    It's weight looked about right at .46gms making four of them worth a little over a dollar in gold for the time.
     
  7. SilverDollar2017

    SilverDollar2017 Did someone say Morgan Dollars?

    Can you get a similar pic of the reverse?
     
  8. ValpoBeginner

    ValpoBeginner Well Known Supporter

    How's this:

    magnifier_20181011_083258-01.jpeg

    Its the same color as the obv. But I used different light to reduce the reflectivity.
     
  9. kevin McGonigal

    kevin McGonigal Well-Known Member

    I once read somewhere that the ones with the word "dol" or "doll" along with 1/4 or 1/2 were NOT genuine, that the originals did not have any denomination on them. That was some time ago but you might want to look into that.
     
  10. enamel7

    enamel7 Junior Member

    It's a copy that was produced and sold in the 50's. Gold plated. Notice the drawing of the bust is cartoonish Looking? My dealer sells them for $2 each.
     
  11. oz_in_ohio

    oz_in_ohio Active Member

    Looks better without the light....The light ruined the picture
     
    ValpoBeginner likes this.
  12. Michael K

    Michael K Well-Known Member

    If it is plated how can it test 96.8% pure? Plating is not thick.
     
    ValpoBeginner likes this.
  13. BooksB4Coins

    BooksB4Coins Newbieus Sempiterna

    If talking about the Breen Gillio book, I suggest you read it.
     
  14. Michael K

    Michael K Well-Known Member

  15. Collecting Nut

    Collecting Nut Borderline Hoarder

    It's a fake. According to the Red Book, California Gold pieces were privately minted starting in 1852 in quarter, half and dollar coins. They were underweight. Early coins, as yours dated 1853, contained up to 85% of face value in gold. The design of Liberty is a dead giveaway and there are other factors as well. Look at the coin, without googling your eyes.
     
    LuckyCoin likes this.
  16. ValpoBeginner

    ValpoBeginner Well Known Supporter

    I have limited time available so I didn't read the entire Walter Breen's, "Complete Encyclopedia of U.S. and Colonial Coins"copyright(1977) regarding territorial gold coins, but went to the library on my lunch break and photocopied the section on octagonal gold coins. So good sir, if you wouldn't mind, can you inform me on what I missed Iun the book. By the way, what is the Gillio book?
     
  17. ValpoBeginner

    ValpoBeginner Well Known Supporter

    Thanks C. Nut. I appreciate the info info. I thought it was highly suspect. I think I'll return it tonight.
     
    Collecting Nut likes this.
  18. BooksB4Coins

    BooksB4Coins Newbieus Sempiterna

    Understood, but I been talking about the above-referenced book I would have been clear when doing so. That said, if you simply do a quick web search for the book I did mention, you'll certainly learn more about it than I could ever explain here.
     
  19. ValpoBeginner

    ValpoBeginner Well Known Supporter

    Fair enough...Will do...thanks,
    Books
     
  20. ValpoBeginner

    ValpoBeginner Well Known Supporter

    For those interested i returned it for an even exchange for a Silver 1984 Libertad from Mexico; One of the 1 ounce bullion coins from a country i did not have have in state minted bullion. I got a good deal, in that I paid only 14 for the gold piece.
     
    Seattlite86 likes this.
  21. HawkeEye

    HawkeEye 1881-O VAMmer Supporter

    Hope it wasn't fake.
     
    Seattlite86 likes this.
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