1849 Mormon Gold Pieces: Salt Lake City, Utah Values

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Values / U.S. Coins / Private & Pioneer Gold / Mormon Gold Pieces: Salt Lake City, Utah (1849–1860) / 1849 Mormon Gold Pieces: Salt Lake City, Utah

The Greysheet Catalog (GSID) of the Mormon Gold Pieces: Salt Lake City, Utah (1849–1860) series of Private & Pioneer Gold in the U.S. Coins contains 4 distinct entries with CPG® values between $18,000.00 and $1,320,000.00. The first private gold coinage in the 19th century was struck

The first private gold coinage in the 19th century was struck by Templeton Reid, a jeweler and gunsmith, in Milledgeville, Georgia, in July 1830. To be closer to

the mines, he moved to Gainesville, where most of his coins were made. Although weights were accurate, Reid's assays were not and his coins were slightly short of

claimed value. He was severely attacked in the newspapers and soon lost the public's confidence. He closed his mint before the end of October in 1830; his output had amounted to only about 1,600 coins. Denominations struck were $2.50, $5, and $10.