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1. Pre 1857 U.S. legal Tender Gold

   

   

   Discussion by ShipwreckCoinHunter · May 19, 2026 8:01PM · Home› U.S. Coin Forum

   This coin, even though from a foreign mint was pre 1857 legal U.S. tender. A 1801 2 escudo coin from Spain. The NGC holder even has a special label. I think it’s fitting to post it on the U.S. forum. I traded my 1929 $2.5 Indian with an other coin because I think it is a way cooler peace of gold. Wanted to share, maybe…

2. Re: Pre 1857 U.S. legal Tender Gold

   

   Comment by Sapyx · May 21, 2026 6:49PM · Home› U.S. Coin Forum

   The amendment to the coinage act of 1793 provided the legislative basis for the legal tender declaration. The legislation specified that, for... The rate was confirmed by revised legislation in 1806. A 2-escudo coin weighs 104.48 grains. On that basis, by my reckoning the legal tender value for this coin ought to be $3.81.…