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Coins that bring back fond memories, even though they are not the exact same pieces.

BillJonesBillJones Posts: 35,058 ✭✭✭✭✭
edited October 20, 2016 4:43PM in U.S. Coin Forum

The very first gold coins I ever saw were gold dollars. My mother's cleaning lady had three of them that she brought to show me. That was in the spring of 1960, and I was 11 years old. I couldn't get over how small they were.

One piece still sticks out in my mind. It was an 1853-D. I remember when I flipped it over and saw the "D" under the wreath. I noted that it came from a southern mint, Dahlonega, whose name I didn't know how to pronounce.

These pieces were family heirlooms, and the cleaning lady told me that she had once owned four gold dollars. Unfortunately she had once had money problems and had taken one to the bank to see what she could get for it ... She got a dollar.

I'm only guessing, but this lady was African-American, and there is a chance that one of her ancestors lived in Georgia and may have come by this piece perhaps when they were slaves. It's a possibility. I have read that slaves sometimes were paid when their masters loaned them out to other employers. Some slaves were said to have saved impressive sums of money that way ... in a few cases enough to buy their freedom.

Sometime later I heard that one of the men in town had offered her $50 for one coins. My guess is that was the one he wanted. That offer was not totally out of line at the time. The 13th edition of The Red Book placed values on the 1853-D gold dollar at $55 in Fine and $130 in Unc.

She did sell one of the coins to me ultimately, although it wasn't on that day. It was an 1854 Type II that graded VF-20, except for the fact that it had a weak date.

Today I own an 1853-D gold dollar that is in a PCGS AU-58. It is a very high end example for the grade. Looking at it still brings memories of first encounter with a U.S. gold piece.

I have some other interesting stories from the "old days" if there is interest.

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 ... ?

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