Newly Discovered 1854-S $5 Gold Coin Sold for $2.1 Million at Heritage Auctions

By |2018-08-20T22:17:40+00:00August 20th, 2018|Coin Shop Blog|Comments Off on Newly Discovered 1854-S $5 Gold Coin Sold for $2.1 Million at Heritage Auctions

Newly discovered fourth existing 1854-S $5 gold piece initially called a fake One of the world's rarest coins, the fourth known genuine surviving 1854-S San Francisco Mint $5 gold piece  – initially believed to be a fake – sold for $2,160,000 Thursday, August 16, by Heritage Auctions in Philadelphia. The 19th-century gold rarity is one of just 268 struck by the San Francisco Mint in 1854, an extraordinarily low mintage for a U.S. gold coin produced during the California Gold Rush. Of the three remaining 1854-S $5 Liberty half eagle gold coins, one is sequestered in the National Numismatic Collection [...]