Gold supply in the U.S. did not materialize into sufficient quantities until 1849 in California. That huge supply, which lasted for the better part of a decade before dwindling down, was the reason we created Double Eagle coins to get rid of the huge supply.
Comments
Interesting growth pattern
@JCH22: I’m remiss for not weighing in before this on your various historical posts. Keep ‘em coming - I thoroughly enjoy reading them!
“The thrill of the hunt never gets old”
PCGS Registry: Screaming Eagles
Copperindian
Retired sets: Soaring Eagles
Copperindian
Nickelodeon
Gold supply in the U.S. did not materialize into sufficient quantities until 1849 in California. That huge supply, which lasted for the better part of a decade before dwindling down, was the reason we created Double Eagle coins to get rid of the huge supply.