PCGS Adds California Fractional Gold to Price Guide
Halfsense
Posts: 600 ✭✭✭
"If it happens in numismatics, it's news to me....
0
Halfsense
Posts: 600 ✭✭✭
Comments
Here's a larger version of the TrueView in the article. Given the location of the date and denomination, would it make sense to rotate the photos in the TV so the date and denom are centered on the bottom?
It's interesting factional gold was produced from 1852-1882 "primarily by jewelers in San Francisco, Leavenworth, Kansas and perhaps also in New York and New Orleans to meet the commercial need for small-denomination coinage in the booming Gold Rush era communities in northern California." I would have thought that, as private coinage, they would have been outlawed by the Coinage Act of 1864 which ended CWTs. Anyone know why it was legal to make these after 1864?
<< <i>It's interesting factional gold was produced from 1852-1882 "primarily by jewelers in San Francisco, Leavenworth, Kansas and perhaps also in New York and New Orleans to meet the commercial need for small-denomination coinage in the booming Gold Rush era communities in northern California." I would have thought that, as private coinage, they would have been outlawed by the Coinage Act of 1864 which ended CWTs. Anyone know why it was legal to make these after 1864? >>
It wasn't legal after 1864. The feds didn't get around to enforcing this law until 1882 when they went in and started confiscating dies and coins from the makers. The vast majority of these coins were made in San Francisco by jewelers.
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