Pot of Gold Estate Liquidations
CALL 623-925-2345
CURRENT AUCTION Auction Information Auction Results Blog Estate Sales Our Next Estate Sale Testimonials Admin Area
Older Posts:
 
Subscribe to our Blog

June 11, 2014

Treasure And History Collide In One $50 Coin

In the early 1800s, money was gold.  At that time, America’s largest gold coin was the $10 gold piece with our patriotic eagle on the reverse. The name for the coin became known as the “Eagle.” A $50 piece of currency is five times the size, and is called a “Quintuple Eagle”.  Such a $50 Ingot or Slug as shown here, was used in large transactions, and was the coin of choice, since people shunned paper money and in fact paper money was illegal… ” Read on…

1852 $50 GOLD California Assay 887 “Quintuple Eagle" Ingot, graded by PCGS

1852 $50 GOLD California Assay 887 “Quintuple Eagle” Ingot, graded by PCGS

In the early 1800s, money was gold.  At that time, America’s largest gold coin was the $10 gold piece with our patriotic eagle on the reverse. The name for the coin became known as the “Eagle.” A $50 piece of currency is five times the size, and is called a “Quintuple Eagle”.  Such a $50 Ingot or Slug as shown here, was used in large transactions, and was the coin of choice, since people shunned paper money and in fact paper money was illegal… ” Read on…

(more…)

 
 
 
© 2009 POT OF GOLD ESTATE LIQUIDATIONS LLC. All Rights Reserved.
Follow Us