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The face value of the coins totaled $27,980, but was assessed to be worth $10 million. The hoard contains $27,460 in twenty-dollar coins, $500 in ten-dollar coins, and $20 in five-dollar coins, all dating from 1847 to 1894. The collection is the largest known discovery of buried gold coins that has ever been recovered in the United States. [1]
The Mormon gold coinage consisted of privately-issued tokens which the Church of Jesus Christ of Latter-day Saints struck from 1848 to 1860. [2] They were issued in $2.50, $5, $10, and $20 denominations. [3] The first coins were minted in 1848 in Salt Lake City, with gold found at Mormon Island, California.
Gold fingerprinting is a method used to identify and authenticate gold items by analyzing the unique composition of impurities or trace elements within the metal. [1] While gold itself is an inert and relatively uniform element, gold found in natural or processed items often contains small amounts of other elements, such as silver or lead .
Spanish American gold coins were minted in one-half, one, two, four, and eight escudo denominations, with each escudo worth around two Spanish dollars or $2. The two-escudo (or $4 coin) was the "doubloon" or "pistole", and the large eight-escudo (or $16) was a "quadruple pistole".
The gold dollar or gold one-dollar piece is a gold coin that was struck as a regular issue by the United States Bureau of the Mint from 1849 to 1889. The coin had three types over its lifetime, all designed by Mint Chief Engraver James B. Longacre .
Owning gold can be a 24 karat-sized headache. First, there's the problem of just carting the stuff around. On a recent episode of the hit cable TV show Pawn Stars, a customer swapped his classic ...
If you want to minimize the tax you pay on the sale of gold coins, it’s best to hold on to them for at least a year and a day to take advantage of the 28% maximum tax rate.
If you are selling gold coins, you have a number of options. Here’s a list of good places to find buyers, according to Atlanta Gold & Coin Buyers. Local coin stores. Online merchants.