Published • loading... • Updated
National Gold Banks of California: History, Rarity, and the Remarkable Gold Coin Vignette
Summary by CoinWeek
This story is only covered by news sources that have yet to be evaluated by the independent media monitoring agencies we use to assess the quality and reliability of news outlets on our platform. Learn more here.1 Articles
1 Articles
National Gold Banks of California: History, Rarity, and the Remarkable Gold Coin Vignette
In the years following the Civil War, the United States entered a period of financial uncertainty. Inflation fears grew as “greenbacks”, paper notes not backed by gold, circulated widely. Seeking stability, Congress passed what is commonly referred to today as the National Gold Bank Act of 1870 (actually part of the Currency Act of July 12, 1870). This legislation authorized a select group of banks, almost entirely in California, to issue a new …
Coverage Details
Total News Sources1
Leaning Left0Leaning Right0Center0Last UpdatedBias DistributionNo sources with tracked biases.
Bias Distribution
- There is no tracked Bias information for the sources covering this story.
Factuality
To view factuality data please Upgrade to Premium
