By Jesse Kraft for American Numismatic Society (ANS) …… The discovery of vast amounts of gold in California upset the ratio between gold and silver, to the point where silver coins traded at $1.04 for every gold dollar. This amount—while seemingly small—caused enough of a disruption that silver coinage disappeared from circulation and was hoarded. […]
The post Goloid Dollars: America’s Electrum Coinage appeared first on CoinWeek.
By Bullion Shark LLC …… In 1879 and 1880, the United States Mint struck two design types of $4 gold coin patterns that are known as Stellas. To understand why these coins were originally proposed and why they were never minted for circulation, one must understand what was going on in the United States and […]
The post The $4 Stella Gold Coin: A Failed Idea That Collectors Loved appeared first on CoinWeek.
By CoinWeek….. Beginning on Wednesday, January 9, Heritage Auctions will conduct their first U.S. Coins Signature Auction of the 2019 calendar year. Heritage’s FUN sale is a bellwether event for the rare coin hobby and all eyes will be focused on not only the price performance of the lots in this sale but also whether […]
The post Heritage 2019 FUN US Coins Signature Auction: Lots You Need to Know appeared first on CoinWeek.
David Lawrence Rare Coins (DLRC) has brokered one of the rarest U.S. gold issues from the 19th Century. Graded by PCGS Proof 66 Cameo, DLRC placed an 1879 Coiled Hair $4 Gold Stella for just over $1,000,000. This transaction solidified the coin as one of the newest members of the PCGS Million Dollar Coin Club. […]
The post New Million Dollar Coin: David Lawrence Rare Coins Sells 1879 Coiled Hair Stella appeared first on CoinWeek.