In the early 1850s, substantial California Gold Rush bullion was shipped via Panama to the Philadelphia Mint for coining. The advent of the San Francisco Mint, and its emergence from growing pains, slowed the flood of West Coast bullion to a trickle by 1859. That year, Philadelphia struck only 43,597 double eagles, down from more than 2,000,000 pieces in 1851 and 1852. The few collectors of large denomination gold selected proofs, and the 1859 is nearly unobtainable in Mint State. Patience is required to locate any example, and when one appears in the marketplace, it is almost always in XF to AU grades. This particular example is noticeably more lustrous and attractive in hand.
Offered at $15,750 delivered
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Private, Portable, Divisible Wealth Storage
Price is based on payment via ACH, Bank Wire Transfer or Personal Check.
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Offer subject to availability.