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The Dahlonega Mint was a former branch of the United States Mint built during the Georgia Gold Rush to help the miners get their gold assayed and minted, without having to travel to the Philadelphia [ 1 ] : 80–81, 105 It was located at (34°31.8′N 83°59.2′W ) in Dahlonega , Lumpkin County, Georgia .
He served as the assayer of the Dahlonega Mint in Dahlonega, Georgia in the 1840s. When the gold rush in Georgia was believed to be over, many miners headed west to join the 1849 California Gold Rush. Stephenson thought differently and in the town square proclaimed to over 200 men, "Why go to California?
The Dahlonega branch mint was built in 1838 and operated from 1838 to 1861. The Dahlonega Mint, like the one also established in 1838 in Charlotte, North Carolina, minted only gold coins, in denominations of $1.00, $2.50 (quarter eagle), $3.00 (1854 only) and $5.00 .
The Philadelphia Mint received $212,000 in gold from Georgia in 1830. [3]: 28 Other estimates were that in 1831 there were 6,000 to 10,000 miners between the Chestatee River and the Etowah River. Boomtowns, including Auraria and Dahlonega, began to appear. Dahlonega was said to have supported 15,000 miners at the height of the gold rush.
Over 2,500 ounces of gold was deposited in the Philadelphia Mint by 1824. [3] Due to the bountiful gold production in the Carolinas, the Charlotte Mint was built in Charlotte and opened for business on July 27, 1837.
It began selling $2,000 gold bars online in September and sold more than $100 million worth of the bars last quarter. But Costco’s move is more about marketing than just about increasing sales.