California’s history with gold is a long and prosperous one. With its beginnings firmly situated in the early gold rush, California has been a major producer of significant amounts of gold. During the early years of California’s gold rush, and a number of years after the discovery of gold not too far from Sutter’s Fort, the San Francisco Mint began to produce a large number of coins from precious metal. After that the number of gold coins coming out of San Francisco was substantial, and their types ranged from commemorative coins to pieces that are currently in use by collectors.
Gold coins coming out of California during their coinage phase were usually in denominations of twenty-five cents, fifty cents, and a dollar. Because of that, they were usually quite small, though some were octagonal in shape. Different from the gold dollar coins one can find now, these were of solid gold as opposed to being plated with the metal.
During their initial production, these coins were made for actual use. The height of their use was from 1852 through 1856, but their vast production made them primary targets for collectors. Offered by private enterprises, they were usually dealt out by jewelers who hand struck them rather than produced them in mass.
As of now the old San Francisco mint no longer produces these coins and instead was sold to the city of San Francisco to be used as a museum. Yet, people are still fascinated by these old pieces of gold from the past. California gold coins represent another way into the past, letting people’s imaginations run wild with who beheld them all those years ago. They sparkle in our collections and add wealth to our lives through both their physical and intrinsic value. California gold coins have been an inspiration for their history and art. In addition, these gold coins tend to yield a high cash for gold payout to the clients who send them into our refineries.