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Cryptocurrency News Articles

California Gold Rush Coin

Nov 20, 2024 at 09:31 am

This photo provided by Stack's Bowers Galleries shows a rare $20 double eagle gold coin from 1870, which sold for $1,440,000 at an auction Tuesday

California Gold Rush Coin

A rare $20 double eagle gold coin from 1870 sold for $1,440,000 at an auction Tuesday in Costa Mesa, Calif., Stack's Bowers Galleries announced.

The coin, which was minted in San Francisco during the California Gold Rush, is among the finest known examples of the "Type 3" double eagle, according to the auction house.

Only 3,660 of the coins were ever produced, and just a handful are known to still exist, the auction house said.

The coin features Lady Liberty on the front and an American eagle on the back. It is made of 90% gold and 10% copper.

The coin was sold to an anonymous buyer, according to Stack's Bowers Galleries.

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