About HAM
Gold Dollars
Gold dollars owe their existence to two major gold rushes in the United States. The first took place in the Carolinas and Georgia in the early 1800s. During that time, a German immigrant Christoph Bechtler began privately minting gold coins including gold dollars that were the first seen in the country. In 1848, the California Gold rush vitalized Congress to expand the use of gold in U.S. coinage. On March 3, 1849 Congress passed legislation authorizing the creation of the country’s smallest gold coin, the gold dollar, as well as the largest gold coin, the $20 double eagle.  James Longacre , the U.S. Mint chief engraver was responsible for designing both coins. There are 3 different designs for gold dollars.
Three-Dollar Gold
The Congressional Act of March 3, 1845 authorized the first U.S. postal stamps and set the local prepaid letter rate at five cents. This rate was very unpopular as large cents were inconvenient and unpopular for citizens. Six years later the postage rate was reduced to three cents when Senator Daniel Dickinson championed legislation to mint a three-cent piece to create ease of commerce. In 1854, that same logic was applied and Mint Director Robert Patterson convinced congress that a three dollar gold coin would speed the purchase of three-cent stamps by the sheet. As such, the three dollar gold coin was born, designed by Chief Engraver James Longacre.