When American coins were minted in Georgia
The Dahlonega Mint has minted many gold coins which can add a unique touch to your collection
Through Jeff garrett for Numismatic Guarantee Company (NGC) ……
Contrary to popular belief, the first significant discovery of gold in the United States was not in California in 1848 but in the region of Lower Piedmont North Carolina in 1799. Conrad Roseau, the son of a local farmer, found a yellow-colored 17-pound stone that later turned out to be gold – after serving as a doorstop for three years! In the early 1830s, the Bechtler family had established a private mint at Rutherford, North Carolina. Sufficient gold was found in the area to justify the opening of an official U.S. branch in 1838 at Charlotte.
Around 1828, another gold rush began when gold was discovered on Cherokee land in the north Georgia. In 1830, an average of 300 ounces of gold per day was produced in the region. Private fitters like Templeton Reid and the Bechtler family produced their own coins from locally mined gold. In response, the Currency of the United States established a branch in 1838 nearby Dahlonega convert raw gold into standardized coins.
The collection of pieces by their different hallmarks did not become fashionable until the 1890s, after the publication by Auguste Heaton of a treaty on mint marks. Most of the large collections formed before this time normally included quality gold coins produced by the United States Mint. The Smithsonian National Collection most mintmark gold coins were lacking until the vast Josiah Lilly Collection was donated in the 1960s.
Today, collectors find the short-lived Charlotte, North Carolina, and Dahlonega, Georgia gold issues to be some of the most sought-after coins of this era, and they are eagerly collected.
U.S. Mint facilities
Prior to 1933, US gold coins were produced at Philadelphia cream, Dahlonega, Charlotte, New Orleans, Town of Carson, Denver, and San Francisco. All coins except Philadelphia have placed a mintmark (a letter or letters) on each of the coins to identify the source. For example, the Charlotte Mint has placed a small letter “C” on each of its coins.
Each mint seems to have had its own set of characteristics and quirks. The Dahlonega and Charlotte coins are infamous for their weak strikes. Philadelphia seems to have produced the best coins of all currencies. Thus, a complete set of mint marks includes parts of varying quality and even color due to differences in the metallic composition of local ores.
Southern gold coins minted at the Dahlonega and Charlotte Coins were produced between 1838 and 1861. In 1861, Confederate forces seized the Charlotte, Dahlonega and New Orleans Coins. As a result, the first two were closed, never to reopen. But the New Orleans Mint was taken over by federal troops and produced coins until 1909.
The Charlotte and Dahlonega gold coins are among the most popular coin series in the United States. The history surrounding their production makes them extremely desirable and collectable. The unique physical characteristics of the pieces add greatly to the charm of these fascinating pieces.
The Dahlonega Mint (1838-1861)
The Dahlonega Mint opened in 1838 to process locally mined gold. Production of this coin has always been low, but it was productive until 1861, when Confederate forces seized the building at the start of the Civil War. In 1878, the Dahlonega Mint was destroyed by fire. Today, Memorial Hall of Awards of College of North Georgia is on the original foundation of the Dahlonega Mint. Dahlonega’s mintmark is the letter D, the same as that of the Denver Mint; however, the two currencies never functioned simultaneously. The Dahlonega Mint only produced gold coins.
Gold dollars (1849-1861)
- Type A: 1849-54
- Type 2: 1855
- Type Three: 1856-61
Eagles Quarter (1838-1859)
- Classic Type: 1838
- Type of freedom: 1839-59
Three dollars (1854)
Half Eagles (1838-1861)
- Classic Type: 1838
- Liberty type: 1839-41, 1842 Small and Large Date, 1843-46, 1846 D / D, 1847-61
A complete set of Dahlonega gold coins consists of the above 62 coins, including the major ones Red book varieties. Only the most advanced collectors attempt a collection of each coin issued.
Unlike most US coin sets, finding examples of State Mint Dahlonega gold coins is the real exception, not the rule. Most collectors look for fine, distributed copies in the best condition they can afford. The Extremely Fine and About Uncirculated examples are the commonly collected rating for the series.
Many Dahlonega gold coins found on the market were cleaned years ago in an effort to achieve a higher third-party rating. Today’s collector attaches great importance to the original copies distributed with a “crisp” appearance. As with any series you collect, spend some time trying to understand the issues with quality and visual appeal before making a substantial purchase. Reviewing auction lots is one of the best ways to accomplish this task.
Collect Dahlonega Gold
Here are a few ways to collect these elusive coins:
Three-piece character set
- Golden dollar of freedom
- Liberty Quarter Eagle
- Liberty Half Eagle
This is a relatively easy task and can be done to fit your budget depending on the score collected.
Set of eight types
This set is achievable relativity but much more expensive.
- Type one, two and three Liberty Gold Dollars
- Classic Head Quarter Eagle and Liberty Head Quarter Eagle
- Classic three dollar head in gold
- Liberty Half Eagle
Many collectors choose a denomination and try to put together a complete set. Although the Eagle of the Liberty Quarter the set does not contain any major rarities (such as the gold dollar 1861-D and half eagle), many dates are among the most difficult to find in good condition.
Some beautiful pieces
Over the years, very few of my clients have purchased a coin or two of this interesting coin due to the history and charm of the time. The 1861-D gold dollar that was minted by Confederation is a prime example.
As mentioned above, this is a daunting task and would cost around $ 500,000 in extremely fine to approximately uncirculated condition. Over the years, I have accompanied many collectors who have embarked on this project. About four years ago, the Atlanta dealership Robert harwell and I gathered a full collection of Dahlonega gold for John mcmullan. The collection is now on permanent display at University of Georgia.
Whichever trip you choose, collecting Southern Gold Coins is both challenging and fun. The coins have the added security of knowing they won’t be found in baggage quantities from the hordes overseas. Attractive examples are becoming difficult to find, and as more collectors discover this sector of the market, they will be even more difficult to locate.
Biography of Jeff Garrett
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