Any your history family did get GOLD coin?
Quarter1822
Posts: 258
Hi all cu member,
Did any your family like grandpa or great grandpa or grandma or great grandma tell story you about get GOLD coins from change pocket? or get from bank or anything?
Yes I did talked my dad and he 94 year old. He told me He NEVER LUCK get gold Also his grandpa NEVER GET gold too. Because Everybody business store owner check machine change if see gold they took gold and hide his office. Also He with his dad went Bank asked teller for change gold and teller told sorry WE NOT HAVE GOLD and grandpa testfied president bank took bag gold hide his office???? . My dad lot list his dad and grandpa and lot friends rumor talk stir about VERY TOUGHEST GET TO GOLD COIN.
WOW great story about GOLD COINS around 1880 to 1920
I hope hear from your family history tell you.
Did any your family like grandpa or great grandpa or grandma or great grandma tell story you about get GOLD coins from change pocket? or get from bank or anything?
Yes I did talked my dad and he 94 year old. He told me He NEVER LUCK get gold Also his grandpa NEVER GET gold too. Because Everybody business store owner check machine change if see gold they took gold and hide his office. Also He with his dad went Bank asked teller for change gold and teller told sorry WE NOT HAVE GOLD and grandpa testfied president bank took bag gold hide his office???? . My dad lot list his dad and grandpa and lot friends rumor talk stir about VERY TOUGHEST GET TO GOLD COIN.
WOW great story about GOLD COINS around 1880 to 1920
I hope hear from your family history tell you.
0
Comments
was not seen often.
In the West and places of little populace I'm sure that gold was commonly used.
That being said, my Aunt Lillian worked in a bank in Tacoma, Washington and died
at age 98 in 1989. She worked 72 years for the same bank and had a huge collection
of gold that came into the bank from customers.
Unfortunately for the family, we only have the list of what she owned as she developed
dementia or Alzheimers and gave it all away to the homeless in Tacoma. She was
never married and had no kids and by the time the family (in Nevada) found out she
was having problems and got a court to help with her illness it was too late. It was
gone.
As I recall, she had about 120 ounces in all denominations.
bob
produced them. My father in law passes away last year at 92 years of age. When he was 6 in 1925 his aunt gave him a new gold quarter eagle for his birthday.
A great story from about 6 years ago concerned a gold coin that had been in an Asian family in the SF Bay Area since the gold rush days. The gold coin passed from generation to generation until 2005 or 2006 when the current owner of same decided to have the coin evaluated at a large coin show. As it turns out the coin was a $5.00 gold coin minted at the San Francisco Mint in the early to mid 1850's. It was professionally graded and sold at an auction where it brought over $200K for the family.
anyway, I'm not old enough to have anyone who has stories from back then.
<< <i>Many board members have told stories about parents, grand parents and other relatives acquiring gold coins back when the US Mint
produced them. My father in law passes away last year at 92 years of age. When he was 6 in 1925 his aunt gave him a new gold quarter eagle for his birthday.
A great story from about 6 years ago concerned a gold coin that had been in an Asian family in the SF Bay Area since the gold rush days. The gold coin passed from generation to generation until 2005 or 2006 when the current owner of same decided to have the coin evaluated at a large coin show. As it turns out the coin was a $5.00 gold coin minted at the San Francisco Mint in the early to mid 1850's. It was professionally graded and sold at an auction where it brought over $200K for the family. >>
my kind of story!!!
EAC 6024
<< <i>Many board members have told stories about parents, grand parents and other relatives acquiring gold coins back when the US Mint
produced them. My father in law passes away last year at 92 years of age. When he was 6 in 1925 his aunt gave him a new gold quarter eagle for his birthday.
A great story from about 6 years ago concerned a gold coin that had been in an Asian family in the SF Bay Area since the gold rush days. The gold coin passed from generation to generation until 2005 or 2006 when the current owner of same decided to have the coin evaluated at a large coin show. As it turns out the coin was a $5.00 gold coin minted at the San Francisco Mint in the early to mid 1850's. It was professionally graded and sold at an auction where it brought over $200K for the family. >>
1854-S very rare date
Worry is the interest you pay on a debt you may not owe.
"Paper money eventually returns to its intrinsic value---zero."----Voltaire
"Everything you say should be true, but not everything true should be said."----Voltaire
First of all, with the economic situation being like it was, she was selling them to help her sister. I told her it was very commendable.
Needless to say, I ask questions so I had to ask where she came about these coins. She said she took care of an old woman for years. The old woman became her friend and confidant. When the old woman was near her death, she told this gal that whatever she did, make sure she took her old dresses out of the closet.
Although the dresses weren't actually something this lady wanted, she did as the old woman asked. When she got home she noticed how straight the dresses were. No creases. And she said they seemed a bit heavy. So she happened to feel the hem and realized there was something sewn in the hems of this woman's dresses. GOLD COINS. I did not ask how many. It was none of my business. I just know she said, "there were a lot of them".
<< <i>Many board members have told stories about parents, grand parents and other relatives acquiring gold coins back when the US Mint
produced them. My father in law passes away last year at 92 years of age. When he was 6 in 1925 his aunt gave him a new gold quarter eagle for his birthday.
A great story from about 6 years ago concerned a gold coin that had been in an Asian family in the SF Bay Area since the gold rush days. The gold coin passed from generation to generation until 2005 or 2006 when the current owner of same decided to have the coin evaluated at a large coin show. As it turns out the coin was a $5.00 gold coin minted at the San Francisco Mint in the early to mid 1850's. It was professionally graded and sold at an auction where it brought over $200K for the family. >>
Most likely an 1854-S.
Almost the same luck here
Best wishes,
Eric
Unfortunately, we were burgled in the mid 70's and lost everything. I'll leave my kids something when I go but I really don't think there's a collector among them. <sigh>
Lance.
Over the course of the past two decades, I have occasionally been offered U.S. $2-1/2 Liberty and Indian coins that were still in the original green matchbox size presentation boxes that banks often used to promote the coins as gifts during holiday season in the 1920's.
"Everything is on its way to somewhere. Everything." - George Malley, Phenomenon
http://www.americanlegacycoins.com
My greatgrandpa came to the US in 1934, specifically to texas as an oil worker
Being of middle eastern background he saw nothing wrong being paid in gold
Apparently the rig owner had no way to get rid of his gold coins at the time so he would pay them in wages.
The men being immigrants had no clue, and my greatgrandpa was a good card player/cheat and good at pretending to be drunk.
He won lots of gold coins in his card games. However work dried up in 1938 and he came back to jerusalem with the coins and a fortune in cash.
In 1982 his daughter ( my grandma) moved to san francisco from jerusalem bringing the coins with her.
About 3 years ago, my grandma gave me the coins since I was heavily interested in them.
I was shocked to be handed sewn bank bags. Inside were largely $5 and $10 indians and st.gaudens. Most lightly circulated or low grade ms and a couple cull coins from the mid 1800's. Needless to say I was stunned as to what he accumulated.
He was a shrewd businessman like his dad though, so I guess he was a chip off the old block.
Regardless theyre a piece of family history and I wouldnt imagine seperating from them.
It's not gold coin but there was gold.
FORIZZLES!!
Lincoln set Colorless Set
In the late 60's she came to live with our family, and when she found out that I collected coins this jogged her memory. She told me that one year at Christmas the telephone company put a $2-1/2 gold piece in her pay envelope. I naturally asked her if she had kept it, and she said no, that that was her usual total pay for the week, but that as a "Christmas bonus" they gave her her usual pay in gold rather than silver.
She just took her pay envelope home and gave it to her mother as usual, and received back the 50 cents she was allowed to keep for herself each week.
It was no doubt the only gold coin she ever owned in her life, memorable enough that she remembered it some 60 years later.
TD
<< <i>Interesting story
My greatgrandpa came to the US in 1934, specifically to texas as an oil worker
Being of middle eastern background he saw nothing wrong being paid in gold
Apparently the rig owner had no way to get rid of his gold coins at the time so he would pay them in wages.
The men being immigrants had no clue, and my greatgrandpa was a good card player/cheat and good at pretending to be drunk.
He won lots of gold coins in his card games. However work dried up in 1938 and he came back to jerusalem with the coins and a fortune in cash.
In 1982 his daughter ( my grandma) moved to san francisco from jerusalem bringing the coins with her.
About 3 years ago, my grandma gave me the coins since I was heavily interested in them.
I was shocked to be handed sewn bank bags. Inside were largely $5 and $10 indians and st.gaudens. Most lightly circulated or low grade ms and a couple cull coins from the mid 1800's. Needless to say I was stunned as to what he accumulated.
He was a shrewd businessman like his dad though, so I guess he was a chip off the old block.
Regardless theyre a piece of family history and I wouldnt imagine seperating from them. >>
Wow! If only I had a story like that one. Good for you.
Over here in NZ you see women with half sovereigns and full sovereigns in necklaces all the time. My family, on mums side, worked in the gold fields in Otago but no gold came down the line to me.
Liberty: Parent of Science & Industry
Eric
<< <i>I have told this story many times. My Grandmother was born in 1890, and in her late teens went to work for the local telephone company as a switchboard operator six days a week. Eventually she married Grandpa and moved away. >>
Tom---My grandmother on my mother's side was born in 1894 and she also was a telephone operator. She said that she made 11 cents per hour and said she thought it was good pay at the time. Funny what a century of inflation can do to the value of a dollar or any other fiat currency for that matter.
Worry is the interest you pay on a debt you may not owe.
"Paper money eventually returns to its intrinsic value---zero."----Voltaire
"Everything you say should be true, but not everything true should be said."----Voltaire
As for getting gold from the bank, my mother told me that you could do it any time you wanted. All you had to do was show up with the paper money, and you could exchange it just I did with silver dollars back in the early 1960s.
Back in the day gold coins were sometimes given as Christmas gifts. My mother recalled getting a quarter eagle ($2.50) once.
But I may be wrong?
<< <i>I thought gold coins were rare in common use
But I may be wrong? >>
They were available in exchange for paper after about 1880, but no they were not often used for day to day transactions except in selected areas like the American west. When it was properly managed people prefer paper money because it is easier to carry around. There were short periods when there were exceptions, like the short but deep economic depression which was called The Panic of 1893. Large business contracts of often specified gold as the required payment.
My first job out of college was at the Allied Chemical Comany, which is now a part of Honeywell Corporation. There was a older gentleman in our department who had worked at the company for 48 years. It was called General Chemical when he started there. He told me the following story.
One day back in the late when he was a young accountant, he an couple of others were called into a room. There on the table was a large pile $2.50 gold coins that they were asked to count. Appearantly they had been a payment for a contract.
From what I have read the use of $2.50 gold coins for this purpose was unusual. The coin of choice was the double eagle because it took less of them to make the payment and reduced the number pieces to count. If you look at the mint records, the U.S. mint system struck more $20 gold pieces than any other denomination. Prior the introduction of the $20, the $5 gold was the preferred denomination.
About 1947 the local savings bank let me have a five dollar gold piece for $5. It was taken into consideration that I was a collector.
<< <i>My wife GET GOLD COIN in SEARS parking lot.
FORIZZLES!! >>
I tried for a day not to laugh out loud with this , but it's impossible.
60 years into this hobby and I'm still working on my Lincoln set!
<< <i>My Grandmother was born in 1890, and in her late teens went to work for the local telephone company as a switchboard operator six days a week. >>
My grandfather worked as a hotel switchboard operator at the Gramercy Park Hotel in NYC in the early 1930s. He and my grandmother (the other one, not the one mentioned in the post above) lived at the hotel as the bulk of his wages.
60 years into this hobby and I'm still working on my Lincoln set!
<< <i>I think it depended a lot on where you lived. In the larger Eastern cities I suspect that gold
was not seen often.
In the West and places of little populace I'm sure that gold was commonly used.
That being said, my Aunt Lillian worked in a bank in Tacoma, Washington and died
at age 98 in 1989. She worked 72 years for the same bank and had a huge collection
of gold that came into the bank from customers.
Unfortunately for the family, we only have the list of what she owned as she developed
dementia or Alzheimers and gave it all away to the homeless in Tacoma. She was
never married and had no kids and by the time the family (in Nevada) found out she
was having problems and got a court to help with her illness it was too late. It was
gone.
As I recall, she had about 120 ounces in all denominations.
bob >>
she gave it to the homeless. did she meanknow she was doing that/?
My great Granddad knew his coins, I think in my granddad's day graffiti was not significant. That he was in Iowa and has an SF assay office gold coin or a Colorado territorial piece tripped his trigger, I think. The $20 Assay Office coin was kept in a small leather pouch with his initials on it. The Clark + Gruber was in the mix. Everything was kept in a SDB.
When I was about 10, a family friend showed me a $5 and a $20 lib that he kept just loose in his desk drawer.
Prior to that I had not known that US gold coins existed.
There was another older man in town who always carried a $1000 bill in his wallet.
When I was a teenager, my father knew I collected coins, and one day, took me with him to the bank. He showed me these coins, which were in his safe deposit box. I wrote down what was there, and looked it up in the current Redbook. The coins were all common dates.
Still, I was impressed with my grandmother's perspective. Dad is no longer with us, and these coins now belong to my brother, sister and I. I am inclined to sell the silver dollars for melt, but to keep the gold coins, as they are family heirlooms. My brother, sister, and I will come to a consensus re the silver dollars, but I'm sure the gold is staying in the family. I'll probably get some plastic holders for the gold, as i doubt they are worth sending in for grading (one of the double eagles may be a low end unc., the rest of the coins are circulated).
"Seu cabra da peste,
"Sou Mangueira......."
<< <i>Gold???? Our family was lucky to have *a* coin. >>
Either way, some interesting stories here.
<< <i>
SERIUOSLY!!!!