1848 $2.50 Gold California Fractional Quarter Eagle AU-53 PCGS

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In 1848, the Philadelphia Mint produced a highly specialized run of the 2.50 dollars gold denomination, creating a legendary numismatic issue. This specific release is distinguished by the letters CAL stamped into the reverse field directly above the eagle. This mark was officially punched into the coin while it was still in the coining press, serving as a permanent testament to the authentic California gold bullion used in its creation. With an incredibly small mintage of only 1,389 pieces, this issue represents a vital moment in American history. The coin is composed of 0.900 fine gold, containing 0.1209 troy ounces of precious metal. This particular specimen has survived the decades in an impressive About Uncirculated condition, specifically graded as AU-53. The obverse features the classic Liberty design dated 1848, while the reverse displays the proud eagle, the denomination, and the United States of America inscription alongside the unique CAL stamp. Because these coins were struck without a traditional mint mark, the CAL counterstamp serves as the ultimate identifier of their unique origin and historical significance.