Mormon gold

Discussion in 'US Coins Forum' started by silentnviolent, Aug 31, 2015.

  1. silentnviolent

    silentnviolent accumulator--selling--make an offer I can't refuse

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  3. charlietig

    charlietig Well-Known Member

    God for a minute there I thought the title was "Moron Gold" lol
     
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  4. willieboyd2

    willieboyd2 First Class Poster

    Last edited: Aug 31, 2015
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  5. physics-fan3.14

    physics-fan3.14 You got any more of them.... prooflikes? Supporter

    Your link is broken.

    Does anyone here own any genuine ones? I think these are interesting, but well outside my collecting interests.
     
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  6. mikem2000

    mikem2000 Lost Cause

    This is the first I have heard of Mormon Gold. Were they using the coins in commerce or just stacking for a disaster?
     
  7. Treashunt

    Treashunt The Other Frank

    commerce
     
  8. physics-fan3.14

    physics-fan3.14 You got any more of them.... prooflikes? Supporter

  9. rooman9

    rooman9 Lovin Shiny Things

    When the Mormons (Real name The Church of Jesus Christ of Latter Day Saints) moved out to the Salt Lake Valley there was nothing there. Empty. Nada. Just a giant salt lake. So they had to build everything from the ground up. Including the economy. So just like the hard time tokens of the civil war and other periods they minted their own coins (at this time the Utah territory was only recently added to the US due to the Mexican-American war). Obviously they didn't make too many of these. A few decades after they arrived the Trans-Continental railroad went through bringing in new migrants and with them American money. And soon after that came Statehood :)
     
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  10. silentnviolent

    silentnviolent accumulator--selling--make an offer I can't refuse

    Link is working for me? To the page on the history of Mormon gold coins on goldmormoncoins.com

    According to that page it looks like there are only 7500 of these total in any denomination. They were made of gold from the original gold rush in 1849 because these settlers were among the discoverers, took all they could carry back with them, used dust for commerce until they decided to mint coins to minimize the loss of dust in each transaction.
     
    Last edited: Sep 2, 2015
  11. silentnviolent

    silentnviolent accumulator--selling--make an offer I can't refuse


    I get all the moron gold I want reading the posts of the more ' interesting ' folks :)
     
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  12. Amanda Varner

    Amanda Varner Well-Known Member

    I just saw a fantastic mormon gold specimen at Tony Terranova's table at the just-past ANA in August. And yes -- the sticker says $675,000.

    [​IMG]
    [​IMG]

    ... we have handled one before, a unique variety back when I was a small kid. I remember that it wasn't slabbed, and it was almost given to me to hold for a moment -- before they changed their minds and let me look at it while being held in an adult's hand. ;)
     
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  13. silentnviolent

    silentnviolent accumulator--selling--make an offer I can't refuse

  14. charlietig

    charlietig Well-Known Member

    You to? :)
     
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