Unique George Washington gold coin in first auction since 1890

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By Jill Serjeant
Reuters
Wednesday, June 13, 2018

LOS ANGELES -- A one-of-a-kind 18th-century gold coin bearing the likeness of the first U.S. President, George Washington, is expected to fetch more than $1 million when it goes up for auction in August, auctioneers said today.

The 1792 Washington President gold eagle coin was never circulated as money, but is instead thought to have been presented to Washington when post Revolutionary War plans were being drawn up for the first U.S. Mint.



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Washington refused to have himself depicted on coins, considering the notion “monarchical.”

Currency researchers believe that the Washington President coin, which has his head on the front and an eagle on the back, was given to him as part of a sales promotion in a bid to obtain a contract to strike U.S coinage, and that Washington carried it as a personal memento. ...

... For the remainder of the report, and photos of the coin:

https://www.reuters.com/article/us-auction-washingtoncoin/unique-george-...

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