In 2001 California Gold Marketing Group created beautiful re-strikes of the 1855 Kellogg $50 Gold coin, also known as the King of Territorials. The historical record is blurry as to why the original coins were struck. Some numismatic historians believe they were minted to be used as gifts for friends of John Kellogg and Augustus Humbert. Amazingly only 11 originals exist today and they have sold for as much as $900,000 for quality examples. The original dies which struck these big beautiful coins in 1855 still exist and were used to create transfer dies to be used in minting of these modern treasure re-strikes. The purpose of this painstaking process was to create a beautiful coin commemorating the recovery of the SS Central America, or the Ship of Gold.
Through an amazing set of circumstances, these commemorative coins exist today and are actually made from gold mined in the California gold fields during the California Gold Rush and then later recovered from the 1857 wreckage of the SS Central America. They consist of 2.5 ounces of California Gold Rush treasure gold and are a sight to behold. Their proof surfaces are stunning and the weight of them in your hand is impressive indeed.
* GET MARKET VALUESFor information on the price history for this selection, contact a Monaco Numismatic Representative at 888-900-9948 for a complete write up and description.