California Fractional Gold
1870 25C Goofy Head Octagonal 25 Cents, BG-789, R.4, PCGS. Breen-Gillio Die State III with a sizeable reverse cud between 1 and 3 o'clock. The cud causes a soft impression opposite on the obverse near 3 o'clock. A canary-gold example without post-strike detractions. Population: 3 in 65, 0 finer (11/16).
Ex: Hall Park McCullough Collection (Stack's, 11/1967), lot 747.