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California became a part of the United States in 1850. As a state, California could not mint coins. However, private companies struck their own gold coins, bearing their name and released them into circulation during the years from 1849 to 1855. Most had ceased minting operations by 1854 since the branch of the US Mint was in operation by that time. But Kellogg & Company still minted gold coins in 1854. The company was reorganized as Kellogg & Humbert late in 1854 and produced coins in 1855. I don't know that anyone knows how many coins were minted by these private companies but the coins are rather scarce and many command a very high price tag. The US Branch Mint at San Francisco was indeed minting gold coins in 1854 in the demoniations of $1, $2.50, $5, $10 and $20.

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Q: Did California mint gold coins 1854?
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