It's Black Friday: Post your post-Civil War gold to commemorate the Panic of 1869!
Weiss
Posts: 9,941 ✭✭✭✭✭
For centuries, the adjective "black" has been applied to days upon which calamities occurred. Many events have been described as "Black Friday", although the most significant such event in American History was the Panic of 1869, which occurred when financiers Jay Gould and James Fisk took advantage of their connections with the Grant Administration in an attempt to corner the gold market. When President Grant learned of this manipulation, he ordered the Treasury to release a large supply of gold, which halted the run and caused prices to drop by eighteen percent. Fortunes were made and lost in a single day, and the president's own brother-in-law, Abel Corbin, was ruined.
We are like children who look at print and see a serpent in the last letter but one, and a sword in the last.
--Severian the Lame
--Severian the Lame
13
Comments
Most modern-day coin collectors are still not aware that gold and gold coin traded well above par from the Civil War until as late as 1878-1879.
Black Friday,September 24,1869: https://en.m.wikipedia.org/wiki/Black_Friday_(1869)
Restrikes allowed? At least I think it is I just bought it cause of the beaver. She is gold though.
This double eagle dated 1869 and minted in San Francisco was part of the Saddle Ridge Hoard. It was graded AU58+ and the finest of 4 recovered of this date/mint in the Hoard.
I actually do not recall if I have any Civil War gold....I do have several random date gold coins I acquired over the years... Probably not, but I will check.....I just like gold coins, and try to add to the stacks fairly regularly when reasonable prices are encountered. Cheers, RickO
Doe's this qualify.....
it's crackers to slip a rozzer the dropsy in snide
1868, closest thing I have:
My YouTube Channel
My YouTube Channel
I don't have much post-Civil War gold. Here are the few that I have individually imaged:
One more...