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
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…