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Message:: [QUOTE="900fine, post: 213441, member: 6036"]I would be careful with this logic. It might be true... or not. I don't know. These Territorial Gold issues are very non-standardized. Often, designs were improvised in very primitive frontier conditions. Pp. 364-366 of the 2007 Red book state there are 570 different varieties of California fractional gold, and an estimated 35,000 specimens survived. Of the 570 varieties, The Red Book lists only a small fraction :rolling: (sorry, I just couldn't pass up that pun...) Clearly, this is specialist territory (ouch... another pun). Here's a book on the subject : "Private Gold Coins and Patterns of the United States" by Donald H. Kagin, PhD... <a href="http://www.money.org/source/Orders/index.cfm?section=unknown&task=3&CATEGORY=BOOKS&PRODUCT_TYPE=SALES&SKU=BKKA1&DESCRIPTION=&FindSpec=gold&CFTOKEN=13852600&continue=1&SEARCH_TYPE=FIND&StartRow=1&PageNum=1" target="_blank" class="externalLink ProxyLink" data-proxy-href="http://www.money.org/source/Orders/index.cfm?section=unknown&task=3&CATEGORY=BOOKS&PRODUCT_TYPE=SALES&SKU=BKKA1&DESCRIPTION=&FindSpec=gold&CFTOKEN=13852600&continue=1&SEARCH_TYPE=FIND&StartRow=1&PageNum=1" rel="nofollow">http://www.money.org/source/Orders/index.cfm?section=unknown&task=3&CATEGORY=BOOKS&PRODUCT_TYPE=SALES&SKU=BKKA1&DESCRIPTION=&FindSpec=gold&CFTOKEN=13852600&continue=1&SEARCH_TYPE=FIND&StartRow=1&PageNum=1</a> By definition, Territorial Gold are coins, not tokens. They are not commemeratives. They were for commerce; it was better to assay - standardize - the gold than barter with non-standard gold dust or nuggets. Certainly, Aidan is right when he says "be careful". Unless you're a specialist, buy only coins slabbed by the best... or avoid 'em all together, unless you don't mind possibly losing money on a fake.[/QUOTE]

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