Week # 258 Put Your Thinking Caps On....

[Melissa Pearce]

QUESTION:

 

When was the first gold dollar coined in the USA?

 

Good Luck!

 

Our first place winner will receive a signed copy of "A guide Book of Modern United States Proof Coin Sets" by David W. Lange. There will also be a runner up prize given to a randomly selected player with the correct answer.

 

REMINDER: The Numisma-Quest ends on Saturday at midnight EST. Entries after that time will not be valid. See the Trivia info post for more details.

 

When you post your answer, only the administrators an see it . Stop back this Monday. We will make all the posts visible and announce the winners.

[dan8402]

1849

[MunkyMan95]

1849?

[bsshog40]

1831 by Christoph Bechtler

[bsshog40]

Can I try 1795 also?

[BankNote1]

1831 the Bechtlers

[jtryka]

I will guess 1849!

[just-john]

how about 1874

[just-john]

1792 was a good year for the first gold dollar

[rtpjr]

In 1831 Alt Christoph Bechtler capitalized on the gold rush, by offering to turn prospectors’ raw gold into coins. This attracted the attention of the US Government and eventually through The Act of March 3, 1849 authorization was given for the mintage by the United States Mint to produce Gold dollars.

[mhardin2413]

1831, the bechtler dollar.

[amy-migration]

In 1831 the Bechtlers are credited with producing the first gold dollar in the U.S. Christian Bechtler a jeweler by trade who lived about three miles from Rutherfordton, North Carolina, proposed to the miners that he coin their gold for a small percentage. The miners immediately accepted Bechtler's proposition and a large quantity of gold was coined in $1, $2.50, and $5 pieces, with the name of C. Bechtler, Rutherfordton, North Carolina, on one side, and on the other side, the value, number of grains, and carat fine. It is reported that from 1831 to 1843, their business coined in gold from $4000 to $5000 per week.

[Elbesaar]

1836 Pattern gold dollar...then 1849 regular issue

[DC Dawg]

1849 Liberty Head Gold Dollar.

[rrantique]

1849

[eagle_keeper-migration]

1831 by the Bechtlers

[Melissa Pearce]

QUESTION:

 

When was the first gold dollar coined in the USA?

 

ANSWER:

 

1831 (the Bechtler issue)

 

 

Congratulations to our 1st place winner bsshog40! You will receive a copy of "A Guide Book of Modern United States Proof Coin Sets" by David Lange.

 

Congratulations to our runner up winner mhardin2413, you will be receiving a display box.

 

Thanks for playing this weeks Numisma-Quest. Dont forget to stop by for this weeks PMG question

[bsshog40]

oh yea

[broken_token-migration]

1836

[jtryka]

Were the Bechtler's an agency of the US Mint? If not, then their gold dollar was technically a token and would not have been "coined" in the USA.

[DWLange]

The Bechtlers had no affiliation with the U. S. Mint, but their coining operation was nevertheless legal under the laws of the time. The gold dollar was a legitimate issue in the respect that it contained enough gold to satisfy both spender and receiver as to its value.

[bsshog40]

Got my book in today. Thank you NGC, PMG, & of course David. Very nice!!