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what is this - CA gold 1/2 cent???

I wanted to wait until this auction closed before asking what it is in case someone here was bidding. So, what is this?

Ebay Auction
My Registry Sets! PCGS Registry

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    FredWeinbergFredWeinberg Posts: 5,726 ✭✭✭✭✭
    That's a token/replica of a real
    Calif. Fractional Gold piece.

    The "fakes" do NOT have
    either the word "Cents"
    or "Dollar" under the 1/4 or 1/2 designation.......

    Worthless.....
    Retired Collector & Dealer in Major Mint Error Coins & Currency since the 1960's.Co-Author of Whitman's "100 Greatest U.S. Mint Error Coins", and the Error Coin Encyclopedia, Vols., III & IV. Retired Authenticator for Major Mint Errors
    for PCGS. A 49+-Year PNG Member...A full numismatist since 1972, retired in 2022
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    Modern brass token made in the 1960's-1970's for Daniel Hurkett, struck by Osborne Coinage. They usually sell for a couple bucks.
    There are old non-denominated tokens worth money but these were modern made and in mass quantities.
    Collector of Fractional Gold; gold tokens from Canada, California, Alaska & other states; gold so-called dollars, and other oddball stuff.
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    Yep, somebody just got took for about $50.

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