2081731

1853 $2-1/2 Dollar Liberty Head Quarter Eagle #2081731

Currency:USD Category:Collectibles Start Price:50.00 USD Estimated At:0.00 USD
1853 $2-1/2 Dollar Liberty Head Quarter Eagle #2081731
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From the very outset, gold was conceived as a part of the federal coinage system. However, when the Philadelphia Mint opened its doors in 1792 and began producing coins in quantity for circulation in 1793, no gold pieces were among the issues struck. It was required that surety bonds in the amount of $10,000 each be posted by key Mint officials, and they were unable to raise the sum. So, the advent of gold coins awaited the year 1795, by which time the bond amounts were reduced and the requirements satisfied. The first United States gold coinage consisted of $5 pieces, called half eagles, delivered that year, followed by $10 or eagle pieces. An additional denomination, the $21/2 piece or quarter eagle, had its advent in 1796, thus completing the spectrum of early United States gold coin denominations.
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#: GC_1853</td>
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<tr><td>Condition:Extra Fine</td></tr>
<tr><td>Year:1853</td></tr>






<tr><td>Title:1853 $2-1/2 Dollar Liberty Head Quarter Eagle</td></tr>

<tr><td>Materials:Gold</td></tr>
<tr><td>Type:Gold </td></tr>
<tr><td>Location:ST. LOUIS, MO</td></tr>
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