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SERIES: California Fractional Gold
LEVEL: Year, MintMark, & Major Variety

1853 50C BG-302 "Peacock" (Regular Strike)

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PCGS MS64

PCGS MS63

PCGS MS63
PCGS #:
10422
Diameter:
Designer:
Weight:
Edge:
Mintage:
Metal Content:
Other
Auction Record:
$14,400 • PCGS MS66 • 6-17-2018 • Heritage Auctions
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Rarity and Survival Estimates (Explain)
Grades Survival
Estimate 
Numismatic
Rarity 
Relative Rarity
By Type 
Relative Rarity
By Series 
All Grades 175 R-7.2 515 / 580 TIE 515 / 580 TIE
60 or Better 100 R-8.0 464 / 580 TIE 464 / 580 TIE
65 or Better 4 R-9.8 129 / 580 TIE 129 / 580 TIE
Condition Census (Explain) Show more rows
Pos Grade Thumbnail Pedigree and History
1 MS66 PCGS grade  
2 MS65 PCGS grade  
2 MS65 PCGS grade  
3 MS64 PCGS grade  

American Numismatic Rarities "Classics Sale" 7/2003:933, $4,370

4 MS64 PCGS grade

Recovered from the wreck of the S.S. Central America

Condition Census (Explain) Show fewer rows
Pos Grade Thumbnail Pedigree and History
1 MS66 PCGS grade  
2 MS65 PCGS grade  
2 MS65 PCGS grade  
3 MS64 PCGS grade  

American Numismatic Rarities "Classics Sale" 7/2003:933, $4,370

4 MS64 PCGS grade

Recovered from the wreck of the S.S. Central America

4 MS64 PCGS grade  
4 MS64 PCGS grade  
4 MS64 PCGS grade  
4 MS64 PCGS grade  
4 MS64 PCGS grade  

Ron Guth: BG-302 is a small California Fractional Gold coin that has been nick-named the "Peacock" reverse because of the rays that fan out behind the eagle, similar to the way a peacock displays his tail feathers when attempting to attract a mate.  In reality, the bird on the back of the BG-302 is an eagle, perched on a single arrow, its tail feathers dangling downward, with rays of glory behind.

This reverse was also used on BG-303, and these are the only appearances of this die. 

Listed as a Low Rarity-4 (approximately 150-200 known), this is a popular variety because of the unusual design type on the reverse.  PCGS has certified over 100 examples as of August 2012, consistent with the BG rarity rating.  Mint State survivors are fairly plentiful, usually in MS-62 to MS-63, and the best examples seen by PCGS include two Gem MS65s.