Lot 1750
1853 $20 Liberty. NGC graded AU-55. Well struck and delicately toned. An early No Motto issue. Though much gold was mined in California during the gold rush, few realize it that not all of this bullion made its way to the mint in San Francisco in 1854-on. Returning gold miners took their bullion bars with them back home with them. The Mints at Philadelphia, New Orleans, Dahlonega, and Charlotte reported increases in coinage made from these sources in the years following the initial Gold Rush of 1849. At the same time, in Australia in the Southern Hemissphere, an almost identical wild rush to gold happened in the 1850s! For more than a decade, the world's markets were awash in the precious yellow metal until the gold fields were played out (PCGS # 8908) .
Estimated Value $2,000 - 2,200.
The Arden Collection.
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| Realized $3,335 |
