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The E-Sylum: Volume 25, Number 31, July 31, 2022, Article 7

DESERET NATIONAL BANK GOLD COIN BAG

Newman Numismatic Portal Project Coordinator Len Augsburger provided the following item. Thanks. -Editor

$5000 gold canvas bag Following up on the recent discussion on U.S. Mint bags, banks similarly produce bags for the purposes of storing and transporting coinage. The July issue of The Mint Master, published by the Utah Numismatic Society and edited by Doug Nyholm, included illustrations of a number of Utah bank bags.

The illustrated bag from the Deseret National Bank is labeled $5000 GOLD, and is presumably intended to contain 250 double eagles. This bank was incorporated in 1871, with the LDS leader Brigham Young as president, and ultimately consolidated into the Security National Bank of Salt Lake City in 1932.

Link to The Mint Master on Newman Portal:
https://nnp.wustl.edu/library/publisherdetail/533919

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Wayne Homren, Editor

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