All the way back in 1795 the United States mint produced its first gold coins. The production of gold coins for circulation ended in 1933 when Pres. Roosevelt recalled all gold coins back to the federal reserve bank. From the smallest one dollar gold coin that weighs a little over 1 gram, to the largest $20 gold pieces containing almost a full ounce of gold, I will help you verify the variety of United States gold coins. The term “early gold” refers to those issues struck between 1796 and 1834. There are three denominations: the quarter eagle, half eagle and eagle. Breaking these down further, the following types are known:
Quarter Eagles: Capped Bust Right (1796-1807), Capped Bust Left Large Size (1808), Capped Head Left Large Size (1821-1827), Capped Head Left Reduced Size (1829-1834). Total of four types.
Half Eagles: Capped Bust Right Small Eagle (1795-1798), Capped Bust Right Heraldic Eagle (1795-1807), Capped Bust Left (1807-1812), Capped Head Left Large Size (1813-1829), Capped Head Left Reduced Size (1829-1834). Total of five types.
Eagles: Capped Bust Right Small Eagle (1795-1797), Capped Bust Right Heraldic eagle (1797-1804). Total of two types.
In all, there are a total of eleven major types of early United States gold.
There are many ways to collect these coins. The first is by your budget, and the second is by the condition of the coins. These are excellent investments and fun to learn the story behind the coin. At West Town Jewelry & Loan we love the history and the story behind the coin more than just the price. We are collectors ourselves. We truly have a true passion for coins and would love to have you come in and tell us a story. We buy and we sell gold coins on a daily basis. Stop by our store to take a look for yourself.