California Gold Rush Coins: The Private Mints That Fed a Nation’s Need for Money

When Gold Outpaced Government: The Crisis of 1848 The discovery of gold at Sutter’s Mill in January 1848 set off one of the most dramatic economic disruptions in American history. Within months, tens of thousands of prospectors flooded into California, pulling placer gold from rivers and hillsides at a rate the young federal government was […]