by Steve Wolff
While the 1892 Columbian Half Dollar is officially published as the nation’s first commemorative coin, there is another legendary issue that many argue is the true heir to this prestigious title: The 1848 “CAL.” Gold Quarter Eagle. The reason for this claim? The 1848 Gold piece was minted from the very first gold sent east from the famous California Gold Rush, and each coin bears a special “CAL.” Stamp above the eagle as recognition of the ped... Read More
The Legendary 1851 $50 Humbert Octagonal Slug
by Steve Wolff
The California Gold Rush which started in 1848 created a very special problem for the massive influx of people who streamed west into the California territory. Newly-panned Gold dust was abundant, but there was a serious lack of coins to conduct normal business transactions. While many saloons and dry goods stores resorted to accepting “pinches” of Gold dust, a more practical solution was needed quickly.... Read More
