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Smithsonian - 1876 George T Morgan Proposed 0 Union Design NGC Gem Pr UC

$ 81.84

Availability: 65 in stock
  • Type: .999 Fine Silver
  • Refund will be given as: Money Back
  • All returns accepted: Returns Accepted
  • Country/Region of Manufacture: United States
  • Strike Type: Proof
  • Modified Item: No
  • Item must be returned within: 30 Days
  • Return shipping will be paid by: Seller
  • Denomination: Proposed 0 Union
  • Restocking Fee: No
  • Grade: Gem Proof Ultra Cameo
  • Year: 1876 Dated
  • KM Number: n/a
  • Mint Location: Smithsonian Institution
  • Certification: NGC
  • Circulated/Uncirculated: Uncirculated

    Description

    In the years following the California Gold Rush, a problem emerged:  too much gold and not enough paper money.   To fix this issue, the US Senate authorized the creation of 0 and gold coins named the "UNION" and "HALF UNION".  These would have been the largest circulating coins in US History.  Unfortunately, the bill died in the House of Representatives.
    George T. Morgan produced this design for the 0 Union coin to be offered in Gold.  This Private Issue Medal is brought from the Smithsonian Institute as one of America's Lost Masterpieces.
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    Shipped using First Class Mail, with
    Delivery Tracking.