coins \ Coin \ United States of America \ Other / Varied \ California & State Fractional Gold Tokens \ 1860 \ Unknown
California State Fractional Gold Tokens, issued around 1860, were a type of currency created during the California Gold Rush era. These tokens served as a response to the shortage of small denomination coins in circulation, particularly in burgeoning mining towns. Made primarily of gold and designed to represent specific fractional values, they were often minted by private entities as a means of facilitating commerce. The value and rarity of these tokens can vary significantly based on their condition and historical significance, making them sought after by collectors of U.S. coins and Western Americana.
Item | Denomination | Series | Year | Mint | |
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1860-Dated Alaska Head Rgt, Octag, Pinch 1/4p Ms | Other / Varied | California & State Fractional Gold Tokens | 1860 | Unknown |