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Octagonal Gold Dollar, BG 533

Currency:USD Category:Coins & Paper Money / US Coins - Gold Start Price:150.00 USD Estimated At:300.00 - 700.00 USD
Octagonal Gold Dollar, BG 533
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Gorgeous BG-533 with "N R" after "gold" on the reverse. R4. Uncirculated, raw. Highly reflective surfaces. Made by Nouizillet & Routhier jewelers, San Francisco. N & R were making California gold "coins" since possibly 1852. These coins, or tokens, were issued by private firms during the same time period as the California private mints were issuing $5 to $50 gold coins before the US Mint built and operated the San Francisco Mint in 1854. The pair got caught up in the "counterfeiting" business in 1853 along with other firms (See Breen-Gillio, p27 etc) when the Government decided it didn't want jewelers to issue coinage. The base claim was that the tokens were too similar to the US gold dollar. Date: Location: California HWAC# 57700