The California Gold Rush began in 1848 when a worker discovered gold at Sutter's Mill in Coloma, California. This discovery led to an enormous boom in the population of San Francisco, including considerable emigration from foreign countries. As a result, the San Francisco Mint was founded in 1854 to turn miners' gold into coins.
After around 200 years of the discovery, many San Francisco residents still invest in gold to diversify their portfolios and protect themselves during economic uncertainties. Check the list of certified gold sellers online gold dealers below to buy gold online and browse a variety of gold investment options.
San Francisco is home to one of the four U.S. Mint facilities. The mint was first established in 1854 to serve the miners during the California Gold Rush. Within the first year of its operation, the mint produced $4 million in gold coins.
The San Francisco Mint is well-known for producing coins of excellent numismatic quality. For example, the 1854-S Quarter Eagle is one of the rarest U.S. regular-issue coinages with a mintage in the low hundreds. The 1854-S Half Eagle is the second rarest gold coin produced by the mint, with a mintage of 268 pieces. Only three 1854-S Half Eagle gold coins are presently known to exist.
Currently, the U.S. Mint in San Francisco is the largest producer of collectible coins in the states and the largest proof coin producer in the world.