Loads of Liberty Head Gold Dollars from the S.S. Central America just graded
EagleEye
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Should we be surprised to see so many gold dollars coming out of San Francisco?
Rick Snow, Eagle Eye Rare Coins, Inc.Check out my new web site:
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Lots of P-mint coins. From the condition range, looks like they circulated - someplace.
100 pages of these things or almost 2,500 pieces.
Rarities may not always be rarities and lofty grade rarities can be an even larger canyon.
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CoinsAreFun Toned Silver Eagle Proof Album
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Gallery Mint Museum, Ron Landis& Joe Rust, The beginnings of the Golden Dollar
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More CoinsAreFun Pictorials NGC
How about silver? I'm waiting to see silver.
Great transactions with oih82w8, JasonGaming, Moose1913.
The short answer is no. I have read that the gold dollar was a popular coin in the 1850's because it's value was obvious as opposed to the bank notes that were only as good as the bank that issued them.
If you were traveling far from home to a place like California, taking gold Dollars with you made a lot of sense. You could use them for smaller purchases. Also there was a law on the books in California that outlawed paper money. That would have had it's effect on what you took with you also.
A $1 bank note would have been worthless or close to it in California during the gold rush.
I wonder if they will find another 1854 S $5 coin?? Cheers, RickO
Maybe someone will do a date/condition distribution table on these. Then they can be compared to a sampling done by the Philadelphia Mint.
I am guessing these gold dollars will also be 5 figure coins.
The appear to be entirely ordinary except for where they were found. To me, that does not justify a price in excess of any other similar gold dollar.
I hope some of these are a lot better priced... but I doubt they will be.
Ok, I'll fall on the sword...what is this "pinch" that is in the description?
1851 G$1 S.S. Central America #2 (with Pinch) (Regular Strike)
http://www.pcgscoinfacts.com/Coin/Detail/670681
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Pinch of gold dust, there's an article somewhere about how much that is.
I think it said that it was supposed to be 40 pinches to the ounce.
Yes, they will be promoted, but I have that experienced collectors will ignore the games.
This is why we couldn't get anything else graded all winter?