$3 US Coin
- Posted: June 07, 2024Read more »
The enigmatic $3 Indian Princess coin, minted by the United States from 1854 to 1889, is a numismatic gem. Especially because of its rarity and beauty and the fascinating story behind its creation and circulation. Chiefly, the coin itself is a piece of art. At the same time, the tale of its inception embodies a deeper understanding of its significance in American history.
The Economic Context: A Nation in Flux
The mid-19th century was a period of significant economic and territorial expansion for the United States. Moreover, the discovery of gold in California in 1848 set off the Gold Rush. Basically, the increase in gold flooded the economy with gold and prompted new considerations for coinage. During this time, the U.S. government