1855 Kellogg $50 Restrike PCGS Unc. If numerically graded, this outstanding 1855 Kellogg Restrike would undoubtedly receive an MS69 or 70 grade. It is a flawless marvel with no visible defects or blemishes. Because the piece is also fully struck and lustrous, we are able to see and appreciate all of the design details.

The coin’s obverse shows Liberty facing left in profile surrounded by thirteen six-pointed stars with the date below. Except for the KELLOGG & CO. inscribed tiara, it is the same obverse as the federal issue of the time. The reverse also duplicates James Longacre’s double eagle, but its legend is SAN FRANCISCO CALIFORNIA instead of “United States of America.” The motto “E Pluribus Unum” has also be omitted from the reverse.

John Kellogg, originally from Auburn, New York, was born in Marcellus, New York in Onondaga County. He was a lawyer and member of the bar in Auburn. Before opening up a law practice, he joined the Cayuga joint Stock Company. The Company left New York for California in February 1849. Kellogg went to San Francisco by sailing on the ship Belvedere. He reached California in October 1849. Kellogg, who had been a cashier for Moffat & Co. and was with them during the time they served as the United States Assay Office, was asked by local bankers to mint coins.

Beginning in February 1854, Kellogg & Co. issued gold double eagles. He claimed that he could make them at the rate of 1,000 per day. The dies were made by Kuner and greatly resembled the federal coinage of the time. In its two years of operation, Kellogg & Co. minted more than six million dollars in gold double eagles. These coins were widely used and universally accepted.

The present coin is a commemorative restrike made in September, 2001 from gold that was recovered from the wreck of the S.S. Central America. The coin comes with original accompanying documents and box.