Gold Coins by year from 1870 to 1810 1875
The English colonies in America often faced coin shortages and so used many different kinds of commodity money in their dealings with the natives and each other. What kind of commodity was used differed according to the region and local economy.
Spanish-doubloon 1798 Still, the hard coin was frequently necessary, especially when dealing with foreign merchants. For this reason, many foreign coins circulated as legal tender during the colonial period, and any history of gold coins in America must at least mention this fact. Among the gold foreign coins in circulation at the time were English guineas, gold ducats from international trading powerhouse the Netherlands, louis d’ors from France, and, most famously, the Spanish gold doubloon.
All forms of foreign currency were finally demonetized in the United States by the Coinage Act of 1857. This happened for two reasons: it took that long for the Treasury Department to feel confident that American coinage needs were met or could be met by the Mint, and the depreciation of Spanish and Mexican silver. From this point on, the only legal gold coins were the ones being produced in Philadelphia, Dahlonega, New Orleans, and San Francisco.