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Numismatic experts: Would gold coins minted in Charlotte have been as valuable in the 1930’s as they are now?

[Posted December 15th, 2009]

I understand that after the south lost the Civil War, Charlotte never regained its designation as a mint. So, were any gold coins minted there, bearing the "C" mark, immediately of greater value or did that take some time? Would they have been very hard to collect in the 1930’s or would the price have been relatively low? I know the prices now can be anywhere from $5,000 to $100,000, but I am only interested in knowing how much the value would have been in the 1920’s or 1930’s if anyone can help me with that.

Until 1933 the United States currency was backed by gold thus the value of gold coins was held to face value which was quite a bit at the time. Soon after that time the values increased rapidly despite the Presidential order to redeem all gold coins. The link below shows the values for select US coins as far back as 1950. For instance, an 1846-C Quarter Eagle ($2.50 face value) graded F-12 (fairly heavy wear) was worth $15US in 1950, and is currently worth about $1,750US, or an 1838-C Half Eagle ($5 face value) graded F-12 was worth $17.50US in 1950, and is currently worth about $2,500US. An 1851-C gold Dollar graded VF-20 was worth $17.50US in 1950, and is currently worth about $1,250US. You might also find it interesting to know that during the Civil War the southern mints were used to make a few silver coins stamped with CSA (Confederate States of America). I hope that helps.


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