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Arrival of Californian gold and Mexican dollars at the Bank
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Arrival of Californian gold and Mexican dollars at the Bank
An image showing Californian gold and Mexican dollars arriving at the Bank of England. Transported to London from the coast by South Coast Railway, it was then escorted by police from London Bridge Station to the bank. There was 120000 in gold and 400000 in Mexican dollar."
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Media ID 4386091
© Mary Evans Picture Library 2015 - https://copyrighthub.org/s0/hub1/creation/maryevans/MaryEvansPictureID/10216578
1849 Arrival Arriving Bank Californian Dollars Escorted Mexican Transported
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EDITORS COMMENTS
This historic image, taken in December 1849, captures the arrival of Californian gold and Mexican dollars at the Bank of England. The gold and currency had been transported from the coast to London via the South Coast Railway, a journey that was both dangerous and highly anticipated due to the gold rush fever sweeping the world. Upon arrival at London Bridge Station, the precious cargo was met by a large contingent of police to ensure its safe escort to the bank. The gold, weighing approximately 120,000 pounds, and the Mexican dollars, worth around 400,000, were a significant addition to the Bank of England's reserves. The arrival of this gold and currency marked a turning point in the Bank's history, as it solidified its position as a major financial hub in Europe and the world. The image shows the gold and dollars being carefully unloaded from the railway cars, with the police standing guard to prevent any potential theft or mishap. The year 1849 was a pivotal one in the history of the Bank of England, as it saw the arrival of a substantial amount of gold from the California Gold Rush, which boosted the economy and strengthened the British pound. The Mexican dollars, which were widely used in international trade at the time, further enhanced the Bank's global influence. This photograph is a testament to the importance of the Bank of England during the 19th century, as a key player in the global gold trade and a symbol of financial stability and security.
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