Pioneer & Territorial Gold

During the 19th century numerous assayers, bankers, and others produced gold coins which served as a circulating medium in areas in which federal coins were scarce or non-existent.

Beginning in 1830. Christopher and August Bechtler in North Carolina struck gold coins of $1, $2.50, and $5 denominations. When the Charlotte and Dahlonega mints began operations in the same general area in 1838, the private coinage of the Bechtlers was not interfered with by the government.

In California during the Gold Rush the United States Assay Office of Gold, an agency (but not an official mint) of the government, produced coins valued from $10 up to the large and impressive $50 octagonal gold “slugs.” Moffat, Miners Bank, Baldwin, Dubosq, Kellogg, and others struck and distributed a wide variety of types and designs of gold coins with face values from $5 to $50.

The Mormons in Salt Lake City, Utah struck gold coins dated 1849, 1850, and 1860. These are highly desired today. A private partnership in Oregon made $5 and $10 pieces. In Colorado several coiners, the firm of Clark, Gruber & Co. prominent among them, produced pieces of denominations from $2.50 to $20.

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