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Page 18 The Antique Shoppe April, 2020
GEORGIA GOLD RUSH ERA COIN BREAKS RECORD
DELAND Atlanta— A 1850 gold coin brought cotton gin mill manufacturer, Templeton

ANTIQUE SHOPS & MORE a record price of $480,000 at auction in Reid during the state’s 19th century gold
Atlanta on February 27. The small coin rush.
showing a face value of $2.50, struck in “Reid was a multi-talented
Milledgeville, Georgia in 1830. This one entrepreneur, a cotton gin manufacturer,
of less than two dozen known surviving gun smith, metallurgist and assayer who
ANGEVINE’S
FINE SILVER, INC. coins was purchased by a private struck coins in denominations of $2.50,
Over 30,000 Pieces of Sterling collector in Georgia. The previous record $5, and $10. These historic coins were
DeLand’s Oldest Antiques Shop price for a coin was $329,000 in 2013. the first privately issued gold coins in the
The auction house offering the coin United States,” said Kagin.
Asparagus Servers to Sardine Forks was Kagin’s Inc., of Tiburon, California. Templeton Reid’s coins eventually
Baby Cups to Tea Services “Kagin’s President and author or Private were shunned by the public when falsely
3 2899 S. Woodland Blvd. Gold Coins and Patterns of the United claimed not to contain enough gold.
4 4 DeLand, FL 32720 States, Donald Kagin explained, “The Production was halted just a few months

386-734-3553 Georgia and North Carolina gold rush after Reid began stricking then. Today
started in 1828, about two decades
these coins are national numismatic
M-F 10AM-5PM; SAT 10AM-4PM before the California Gold Rush. This treasures.
Purchase on the web at:
www.angevinesfinesilver.com important gold piece was made in 1830 “It had been part of private coin
1 to help alleviate a coin shortage at the collections the Midwest and on the West
time. Coast for more than 50 years, but now
ANGEVINE’S JEWELRY, INC. The coin was privately struck by this piece is coming back to Georgia.”
Graduate Gemologist, GIA
Fine selection of Antique, Estate
& New Jewelry. Buy & Sell
Authorized Moorcroft Retailer
Jewelry Appraisals while you wait
1/2 By Appointment
Family Owned & Operated
Since 1959
Hours M-F 10-5, Sat. 10-1
2899 S. Woodland Blvd.
DeLand, FL
dflawless@embarqmail.com
(386) 734-8553 2 An 1830 Georgia gold rush-era gold coin sold at auction for $480,000 by Kagin’s, Inc.
on Feb. 27. Photo courtesy of Professional Coin Grading Service www.PCGS.com.

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