Monthly Archives: December 2021
- Posted: December 17, 2021Categories: Rare World Coins, Gold EscudosRead more »
Spanish Colonial gold coins salvaged from the 1715 Fleet off the east coast of Florida are called Gold Cobs. Gold Cobs are the original Doubloons. Therefore, the Doubloon is a solid gold coin. Even though the Spanish called their gold coins Escudos, Doubloon became the nickname for a two Escudo coin. In addition, the word Doubloon is actually taken from pirates calling these two Escudos "double-one," which turned into “Doubloon.”
As commerce increased between North America and South America so did the need for coins. Spanish Gold Cobs were minted from the early 1600s to the early 1800s. They were minted in Bolivia, Chile, Columbia, Guatemala, Mexico, and Peru and were circulated as far
- Posted: December 10, 2021Categories: Ancient Coins, Ancient Roman CoinsRead more »
Gaius Messius Quintus Trajanus Decius, commonly referred to as Trajan Decius, ruled Ancient Rome from 249 to 251 AD. Roman Emperor Trajan Decius wanted to restore Rome to its former glory and ancient traditions. Therefore, he decreed the Decius' edict. This was a proclamation for Empire-wide loyalty. The Decius' edict meant that all Roman citizens needed to make a sacrifice to Rome's gods or face torture, execution and seizure of assets.
Moreover, Christian belief would not allow for them to worship any other god. As a result, Emperor Trajan Decius cracked down harshly on those he believed were undermining the ancient traditions of Rome. Consequently, they were persecuted and tortured. Even Pope Fabian was killed! By the end of Decius'
- Posted: December 03, 2021Categories: Rare US Coins, Rare Gold CoinsRead more »
The rarest pre-1933 US gold coin is the Three-Dollar gold piece. To clarify, only 539,792 of them were produced according to the US Mint. The reason there were so few made is because the Three-Dollar gold coins were very unpopular. Basically, the public rejected them when they were introduced in 1854. Therefore, only small mintages of these coins were produced from 1854 to 1889. Similarly, They ended production after just 35 years. This total of just over half a million coins were produced at the US Mint facilities in Philadelphia, New Orleans, San Francisco and Dahlonega combined.
Many of these 3 Dollar coins have been destroyed