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Miners Bank (San Francisco)

The institution of Wright & Co., exchange brokers located in Portsmouth Square, San Francisco, was known as the Miners' Bank. A ten-dollar piece was issued in the autumn of 1849, but the coins were not readily accepted because they were worth less than face value. The firm was dissolved on January 14, 1850. Unlike the gold in most California issues, the gold in these coins was alloyed with copper.



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