1849 Templeton Reid Values

The Templeton Reid (1830, 1849) series of Private & Pioneer Gold in the U.S. Coins contains 2 distinct entries.

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.