US Kellogg and Company Gold $20 and $50 (Fakes are possible) 1854 and 1855

Look at this breath-taking coin in the photo, Issac. It comes from the highly respected collecting web site, icollector.com. Your coin has scratches from steel wool, so it won't be as valuable as icollector's coin, but these beautiful pieces of American history still attract collector dollars, even if they are damaged. Most coins can't say that. Damage is fatal to value on most coins. But not Kellogg & Company gold pieces.

CoinQuest thanks icollector.com for use of their coin image. It is a beauty!

Back in gold rush days, a severe shortage of gold coins arose when the US Assay office closed its doors in 1853. Quick to the rescue, Mr. Kellogg opened a private mint and started producing coins. They are highly sought by collectors today. Here are some typical catalog values for these pieces:

20 DOLLARS
worn: $3000 US dollars approximate catalog value
well preserved: $5000
fully uncirculated: $20,000

50 DOLLARS
proof: $400,000

As always, you must properly interpret catalog values, which is explained on our Important Terminology page.

You must also bear in mind that restrikes of this coin have been made (lesser value), and counterfeits are probable (zero value).

By all means, Issac, unless you know it is a fake, have your coin authenticated, graded, and encapsulated by one of these services: PCGS, NGC, ICG, or ANACS. Look them up on the Internet. Do not use other services. See this page for more info on fakes.
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