The coin in question is a fractional gold token from the California & State Fractional Gold Tokens series, dated 1904. This series represents a unique and historical aspect of American numismatics, particularly significant during the California Gold Rush and the subsequent era when precious metals were used to create currency in the absence of official denominations. Although specific details such as the diameter, weight, mintage, and mint location are currently recorded as '0', this does not detract from its significance. Fractional gold tokens were often created by private mints and circulated in regions where conventional coinage was scarce, particularly in the western United States. The tokens typically served as a means of trade and economic stability for local merchants and miners. This particular token's year of issue (1904) places it in a timeframe where fractional gold pieces were still seen as valuable for their gold content and utility, despite not being official U.S. currency. The design commonly featured motifs that reflect the local culture and economy of California during that period. Collectors highly value these tokens for their historical context, artistry, and the stories they encapsulate about the times in which they were issued. As the minting is categorized as a 'mint strike,' it suggests the coin was produced with a level of precision typical of struck coins, notwithstanding the lack of specific mint data. In summary, this 1904 California & State Fractional Gold Token represents a fascinating component of American monetary history, appealing to collectors interested in both state tokens and the broader narratives of commerce in early 20th-century America.
| Country | United States of America |
| Year | 1904 |
| Serie | California & State Fractional Gold Tokens |
| Denomination | Other / Varied |
| Mint | Unknown |