2034

1855/2001 $50 Kellogg & Company gold PCGS GEM PROOF.

Currency:USD Category:Coins & Paper Money / Pioneer Start Price:1,200.00 USD Estimated At:3,500.00 - 5,000.00 USD
1855/2001 $50 Kellogg & Company gold PCGS GEM PROOF.
DON’T FORGET!
You get 1% of your purchases back as
credit towards your next two Kagin’s Auctions!
An extremely lustrous yellow-gold DCAM example with heavily frosted motifs and richly mirrored fields. Specifically modelled after a Kellogg $50 of the era, with an obverse die “signed” F. KUNER. This specimen -- from a mintage encouraged and produced 145 years after the fact -- was struck at the request of the California Historical Society (C.H.S. on the coin) from melted ingots found with the S.S. Central America treasure. The Society has made its presence known in two places on the reverse of the coin, once in the hand-sunken monogram above the eagle’s head, and again on the ribbon in the eagle’s mouth. Broadly double struck on the obverse, with completely flattened images of the first strike offset a millimeter or so by the second dominant strike; the date and designer’s name are particularly affected, but all the details exhibit the striking anomaly to one degree or another. Obverse rim marks, as made, can be seen at 4 and 8 o’clock and are associated with the PCGS “Broken Collar” qualifier. Choice for the grade and a sensible aftermath for non-descript ingots that were numerous enough to serve this purpose.
PCGS # E10238