Unique George Washington Gold Coin At Auction In First Since 1890

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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 on Wednesday.

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.

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




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