1872 Cal Gold Token $1.00 Octagonal Indian PCGS MS62
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1872 Cal Gold Token $1.00 Octagonal Indian PCGS MS62

1872 $1 Indian Round Dollar, BG-1208 PCGS MS62 
Low Rarity 6
Yellow-gold surfaces display splashes of red on the reverse. Suitably struck except for the usual softness in the centers. Pleasing field-device contrast shows on both sides. Housed in a green label holder.

Breen and Gillio (2003) indicate: "The only piece in the series to proclaim itself a token, from fear of prosecution following the Hershfield and Mitchell arrests." The authors are alluding to the August 1871 arrest of the two jewelers for allegedly violating the Private Coinages Act of June 8, 1864.

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