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

$ 81.84

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

    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.
    5.00
    or best offer
    Shipped using First Class Mail, with
    Delivery Tracking.