1830 Templeton Reid $2.5

1830 Templeton Reid $2.5

July, 1830, Georgia cotton gin manufacturer, gunsmith, metallurgist and assayer, Templeton Reid became the first to answer the pressing need for coinage and supplied the booming local economy with privately mint gold coins. Reid made two-and-one-half, five and ten-dollar gold pieces which circulated throughout the area. Reid only struck coins for a few months, from July to October of 1830. The coins were initially well-received, but the problems with public confidence and acceptance of the coins that eventually faced all private minters soon developed.

Likely no more than 15 quarter eagles exist.

1830 Templeton Reid $2.5 PCGS #10320

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