[Utah Currency] New coinage began in and continued into 1851. Approximately $70,000 in gold pieces, mostly in the lower denominations, were coined, some on church account, but mostly on private account. The coins were at first minted without any alloy, but later a small percentage of silver was added to increase hardness. September 1849
[source: Utah History Encyclopedia: Utah Currency, http://www.uen.org/utah_history_encyclopedia/]
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