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Rare 1830 $2.50 Templeton Reid PCGS AU58+ CAC

SKU: treid1234567

Availability: In stock

$397,500.00

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The first gold rush in the United States began in Southern Appalachia, around 1828. As prospectors descended upon the Carolina and Georgia gold fields, the need for a stable means of exchange became apparent. In 1830, Templeton Reid began to strike $2 1/2, $5, and $10 gold coins to satisfy this demand; however, within a few months, accusations that his coins contained less than their face value in gold began to surface in newspapers, putting an end to the first privately issued coins of any U.S. gold rush. Boasting fantastic, original color, virtually no wear, and no significant marks to speak of, the present specimen is the second finest Templeton Reid of any denomination graded at PCGS. Sure to be the highlight of a major Pioneer or Southern Gold collection
PCGS Coin Number 10320
Grading Service PCGS
Grade AU58+
Denomination Type Templeton Reid
Numeric Denomination $2.50
Designation No
Mint Location NONE
Holder Variety Templeton Reid
Circulated/UnCirc Circulated
Strike Type Business
Country of Origin The United States of America
Grade Add On CAC
Holder Type No
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