A large number of rather similar 'irregular issues' are known and it is suggested that one or more private 'mints'were producing them.
In contract coinage, a private mint makes the coins and the Government buys them.
From 1974 to 1982 he worked as a medalist for a private mint in Munich.
In their absence, private mints rapidly appeared in California, although most closed down soon after minting just a few coins.
By 1889, it had become the biggest private mint in the world.
It was at this time the largest private mint in the world.
It is then shaped into bars and sold to other refiners, private mints and jewelry makers.
To stem the growing shortage for coins, private mints began making their own coins and these are the ones called territorial gold coins.
Merchants began buying tokens from private mints at less than face value and used them as one-cent pieces when tendering change.
Various private mints have produced replicas of the 1804 dollar over the years.