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Would you make an offer on these early U.S. gold coins?
RogerB
Posts: 8,967 ✭✭✭✭✭
The Philadelphia Mint declined to purchase these coins or even make an offer.
[Image from NNP RG104 E-1 Box 068. Photos by John G.]
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Mint probably gave the standard answer that is still in use today "I'd have to see them"
Steve
I'd certainly be open to a swap at face value.
Check out my current listings: https://ebay.com/sch/khunt/m.html?_ipg=200&_sop=12&_rdc=1
I'll pay triple face!
What is now proved was once only imagined. - William Blake
Are they slabbed?
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The mint director presumed these coins were being offered for purchase by the Mint Cabinet collection. Since these dates/denominations were already present, he declined the offer. The amount was less than $100 which was the usual minimum for deposits as bullion - which is how these early coins were treated in 1834 when the gold standard value changed.
December 1862. Right in the middle of the Civil War. Not surprising I guess. Love to have them now. Thanks.
Love it: “They are perfect.”
He who knows he has enough is rich.
Well, I'd be glad to purchase them !!!
Yes, indeed..........
Just look at the prices now!
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If only we had a time machine....and were able to deal in the currency of the period....Modern cash would not work...
Cheers, RickO
With a time machine, we would have to buy gold coins made in the 1790s to use in buying the US gold in the letter. What would be the cheapest present price for these coins?