Yes, the gold yields from the southern sources was way below expectations. The only positive thing about the Georgia gold was that it had high purity.
Here are some Charlotte and Dahlonega mint coins.
Retired dealer and avid collector of U.S. type coins, 19th century presidential campaign medalets and selected medals. In recent years I have been working on a set of British coins - at least one coin from each king or queen who issued pieces that are collectible. I am also collecting at least one coin for each Roman emperor from Julius Caesar to ... ?
Virginia $1.1m over 25 years
North Carolina, $4.1m over 25 years
Georgia, $2.3m over 25 years
California $5.5m in 2 years
Very impressive numbers. It seemed that the industrial revolution coincided with the gold rushes those others are much more competent here analyzing the waves of precious metals mining. I recall that a Massachusetts governor recovered quite a bit of gold just tilling his fields in the 1600s.
Comments
Yes, the gold yields from the southern sources was way below expectations. The only positive thing about the Georgia gold was that it had high purity.
Here are some Charlotte and Dahlonega mint coins.
Very impressive numbers. It seemed that the industrial revolution coincided with the gold rushes those others are much more competent here analyzing the waves of precious metals mining. I recall that a Massachusetts governor recovered quite a bit of gold just tilling his fields in the 1600s.