Fractional gold coins are not US Mint issue but were privately minted and the dates range from 1852-1883, some are round and others are octagonal. Coins with a bear on them regardless of date are modern replicas that have no or very little value, more than 500 types are known so the coin must be seen for a accurate assessment. Please take it to a dealer for a better idea of value.
You should check with a reputable dealer to be sure, but your coin is probably fake. I am not aware of any California gold coins produced before 1849.
A 1848 five dollar coin is worth about 1,600 dollars to about 2,100 dollars. A 1848 five dollar coin has been auctioned for over 71,000 dollars.
It was worth more than $1,000.
Gold.
Gold.
Gold.
the 1848 discovery of gold in california
Gold was discovered in California on January 24, 1848.
1848
california
Gold was discovered in California in 1849The people who looked for gold where called the fourty-niners which stands for (1849)And in the period of time when gold was in California there was so much gold that they called it the gold rush and the gold rush brought more than 100,000 people to California and the rest of the United States
Gold was discovered in 1848 in Coloma Valley, California.
1848