Pike’s Peak Colorado Gold Rush

January 11, 2010 by Alan · Leave a Comment
Filed under: Gold Coins 

The Pike’s Peak Colorado gold rush happened in 1858 in western Kansas territory and southwestern Nebraska territory, and lasted until 1861 with the creation of the Colorado territory. More than 100,000 gold seekers came to this area in a rush for riches, and this quickly became one of the most well-known and prosperous gold rushes in American history. After 1859, which was the peak year of the rush, these miners were known as fifty-niners, and often came bearing the motto ‘Pike’s Peak or Bust!’

The Pike’s Peak Colorado gold rush happened about a decade after the California gold rush, and brought a temporary and huge influx of immigrants into Pike’s Peak area and the Southern Rocky Mountains. The gold rush brought the first European-Americans to the region, and created a few places that would become cities such as Denver City and Boulder City. Smaller camps ended up becoming parts of larger towns, and dozens of camps simply became ghost towns. Many gold prospectors were discouraged at the end of the California gold rush, which caused them to return home. However, a few stayed behind and followed rumors that gold was to be found in the Rocky Mountains.

This following ended up paying off in the end, for those who actually took the time to travel to this area and become a part of the search for gold in what would become the Pike’s Peak gold rush. In 1858, gold was discovered, and it was less than a year by the time news reached the eastern part of the country. At that time, thousands of miners were coming to the Denver area to search for the gold that so many had boasted finding. There were many large finds throughout the area in 1859, and shortly after the mining tapered off for a substantial amount of time.

After many years, people realized that they couldn’t access the gold that was deeper in the sulfide ore, and abandoned gold prospecting in the area. However, this problem was solved over time, creating a major gold and silver mining industry in Colorado after the gold rush had come and gone. The first decade generally served the South Platte River area and the Clear Creek and South Park areas, and in 1860, Denver City, Golden City, and Boulder City were thriving towns that worked the mines as a way of life.

Still today, the area is popular among vacationers for gold prospecting adventures, but the large mines are now owned by private industry, making the findings more rare and individual prospecting less popular. Panning for gold may be fun, but it’s hardly profitable. If you want to invest in gold, try purchasing some gold coins and holding them for an extended period of time.

Liberty Head Gold Coins For Sale

August 4, 2009 by Alan · Leave a Comment
Filed under: Gold Coins 

Even though they aren’t the most popular of all gold coins, there are plenty of Liberty head gold coins for sale because they still are one of the most popular coins for the collector and investor. While the St Gaudens gold double eagle is the most popular gold coin sold anywhere in the world, the Liberty Head may come in a close second.

This coin is also referred to as the Coronet Head as well as the Liberty head and was minted from 1849 to 1907 when the Augustus St Gaudens designed double eagle took the stage and changed the course of history for the coin collector, the US Treasury as well as gold as a collectible and commodity.

There are three sub-types pf this Liberty Head gold coin. The first minting of this coin did not include the words “In God We Trust” as the phrase was added in 1866 creating the second type and the third type was minted in 1877 when the words describing the face value of the coin was changed from “Twenty D” to ” Twenty Dollars”.

While this coin is not as popular as the St Gaudens double eagle it is still sought after by collectors and gold investors becuause it is still gold and in these crazy economic times gold is as valuable as ever. Don’t miss the great deals you might be able to find on the Liberty Head gold double eagle.

High Relief Double Eagle

August 2, 2009 by Alan · Leave a Comment
Filed under: Gold Coins 

The high relief double eagle gold coin as originally designed back in 1907 by Augustus St Gaudens has seen its return in the 2009 version of this beautiful coin. In its originalin 1907 the US Mint did not create the coin so it would be stackable. The edge was too thinly stamped which madethe coins unstackable when bankers were storing them in their vaults, thus the coins were discontinued after only a few thousands copies were made.

Most of these original coins were melted down, but a few remain today and are extremely valuable. However, if you don’t want to have to pay possibly tens of thousands for one of the 1907 copies of this coin, you can grab a 2009 Ultra High Relief Coin for slightly over $1,000.

These are extraordinarily beautiful coins as the design is sunk deeply into the coins surface through a special minting process where the coin is struck multiple times. Only with today’s mining and stamping technology were these coins made possible. A slight edge has been added to the coin to make them stackable and more easy to store.

These coins are available directly from the US Mint, from dealers across the United States and of course, from eBay. Many good deals have been found on the auction site and the coins are are going for around $1,300 or slightly more as of the publishing of this post.

If you are interested, you can check out High relief double eagle coins on our site and place your bids right eBay to grab one of  these beauties right now.

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