Unique 1792 Gold Eagle George Washington Coin Sold for $1.7 Million
2018-08-18 Sat
A 1792 gold eagle George Washington coin was sold for $1.7 million by Heritage Auctions, the proceeds of which will be donated for a charitable cause.Experts believe that the coin was handed over to George Washington by the US Mint as a sales pitch to get a contract for producing U.S. coinage. Only one such coin exists today and it was kept as a memento by the first US president. It features a portrait of Washington on the obverse and an eagle on the reverse. The coin has a lot of historical significance. The US Mint got permission to strike coins in 1972. Copper and silver coins were produced in 1973 featuring Lady Liberty on one side and a bald eagle on the other.
George Washington never wanted his portrait on coins that were to be used by the public, making this coin very special. Before the coin was sold it was with Eric P. Newman who acquired it in 1942.
Image Courtesy: Twitter Image
Latest News
-
Panchala King Bhanumitra Copper Coin
2024-04-26 FriThe Panchala kingdom was ruled by the Mitra kings. The Mitra kings are known to issue coins and most...
-
Mahatma
2024-04-25 ThuIndia Post issued a commemorative postage stamp on #LalaHansraj, also known as Mahatma Hansraj for�...
-
Berar Mint of Muhammad Akbar
2024-04-25 ThuBerar was a kingdom located in the Deccan region, with Elichpur as its capital. It was one of the Su...
-
Janma Kalnayak of Bhagwan Mahavir
2024-04-24 WedOn 21st April 2024 which was the 2550th Janma Kalnyanak of Bhagwan Mahavir Swami, PM Modi unveile...
-
Gold Pagoda of Vijaynagar Empire King Deva Raya I
2024-04-10 WedKing Deva Raya I of the Vijayanagara Empire was a patron of Kannada literature and architecture. He ...