Gold supply in the U.S. did not materialize into sufficient quantities until 1849 in California. That huge supply, which lasted for the better part of a decade before dwindling down, was the reason we created Double Eagle coins to get rid of the huge supply.
Comments
Interesting growth pattern
All comments reflect the opinion of the author, even when irrefutably accurate.
@JCH22: I’m remiss for not weighing in before this on your various historical posts. Keep ‘em coming - I thoroughly enjoy reading them!
“The thrill of the hunt never gets old”
PCGS Registry: Screaming Eagles
Copperindian
Retired sets: Soaring Eagles
Copperindian
Nickelodeon
Gold supply in the U.S. did not materialize into sufficient quantities until 1849 in California. That huge supply, which lasted for the better part of a decade before dwindling down, was the reason we created Double Eagle coins to get rid of the huge supply.