Six US Gold Bullion Coins

February 13, 2013 sarah Uncategorized

Gold coins of the United States were first struck at the Philadelphia Mint in 1795. This gold coin production was made possible by the Mint Act of 1792 which authorized the ten dollar Gold Eagle, five dollar Half Eagle and the Quarter Eagle whose denomination you would be correct in assuming to be two dollars and fifty cents. So, you see it took a few years before the gold Half Eagles and Eagles were struck, followed by the $2.50 gold Quarter Eagles in 1796. U.S. gold coins were originally produced until 1933 at the Philadelphia Mint and also at mints in Charlotte in North Carolina, Dahlonega in Georgia, New Orleans in Louisiana, San Francisco in California, Carson City in Nevada and in Denver, Colorado.

There are six denominations of the U.S. gold bullion coins that were produced during that period. By face value they are the twenty dollar Double Eagle containing one ounce of pure gold, the ten dollar Eagle with one half ounce of gold, the five dollar Half Eagle, the four dollar gold Stella (for the 5-pointed star on its reverse), the three dollar gold piece, the $2.50 Quarter Eagle, and last but not least the Gold Dollar weighing in at one-tenth of an ounce of pure gold. The Gold Dollar was produced in 3 design types in the years from 1849 to 1889. Type I was struck from 1849 to 1854 and is known as the Liberty Head. Type II is the Small Head Indian Princess and was minted from 1854 to 1856. The Type III Gold Dollar is known as the Large Head Indian Princess and was produced from 1856 to 1889.

The gold Quarter Eagle, of denomination $2.50 , was in production from 1796 through 1929. In the span of those 33 years the Quarter Eagle had eight major design types. One of the original authorized gold coins, produced only in 1796, is named for its having ‘No Obverse Stars’. From 1796 to 1807 was the Capped Bust, Stars type. The 1808 gold dollar coin type is called Capped Bust to Left. The years 1821 to 1827 saw the production of the type known as Capped Head to Left, Large Diameter, Stars Around Head. The 1829 to 1834 type is the Capped Head to Left, Smaller Diameter, Stars Around Head. From 1834 to 1839 look for the Classic Head type. The Liberty Head gold dollar was minted from 1840 to 1907. And the Indian Head is the type produced from 1908 to 1929.

The time period when 3-dollar Gold Pieces were produced is 1854 to 1889. The Gold Stellas also were only struck briefly, during 1879 and 1880. The five dollar denomination Half Eagles were minted from 1795 through 1929. Ten dollar Gold Eagles were struck between the years 1795 and 1933. And the period 1849 to 1933 saw the minting of the twenty dollar Gold Double Eagles.

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