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Possible 1861 gold proof coin mintage
RogerB
Posts: 8,852 ✭✭✭✭✭
This is similar to the 1862 sample posted but not as clear cut.
0
RogerB
Posts: 8,852 ✭✭✭✭✭
RogerB
Posts: 8,852 ✭✭✭✭✭
RogerB
Posts: 8,852 ✭✭✭✭✭
RogerB
Posts: 8,852 ✭✭✭✭✭
This is similar to the 1862 sample posted but not as clear cut.
Comments
Were the half eagle through dollar pieces given out as gifts for politicians? Since they have zero under Net Circulation, they must have gone somewhere - I do not have them...
Cheers, RickO
The column "Pieces" is from the original. "Presumed proof" is my interpretation of the mintage; "Net Circulation" is the remainder after subtracting the "presumed proofs." The coins were likely sold in 1861, 62 and possibly later. $1 and $3 gold coins were popular in jewelry, and that might explain the unusually high quantities made. Proofs were sold at a premium which was sufficient to pay manufacturing cost plus a profit.
I've seen nothing to indicate any proofs were "given out" to anyone. Even the Mint Director and State Department were charged for the coins