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SALT LAKE CITY — Some very rare coins are up for auction, and you may be surprised at how much people will pay for them. One of the rare Mormon gold coins could fetch as much as $1 million.
When the pioneers arrived in the Salt Lake Valley, U.S. coins and currency were scarce. To be able to buy and sell things, early members of The Church of Jesus Christ of Latter-day Saints started making their own coins.
“They were made to basically ship back East to buy goods to ship back to the valley; that’s where the vast majority of them went,” said Tyson Emery, a coin expert from All About Coins in Sugar House.
Read more at Rare Mormon coins go up for auction | KSL.com
When the pioneers arrived in the Salt Lake Valley, U.S. coins and currency were scarce. To be able to buy and sell things, early members of The Church of Jesus Christ of Latter-day Saints started making their own coins.
“They were made to basically ship back East to buy goods to ship back to the valley; that’s where the vast majority of them went,” said Tyson Emery, a coin expert from All About Coins in Sugar House.
Read more at Rare Mormon coins go up for auction | KSL.com
