ELI5: Explain Like I'm 5

Territorial gold

Territorial gold is a type of money that was used in some parts of the United States a long time ago. It was called "territorial" because it was used in areas that weren't yet states but were controlled by the government.

Territorial gold coins were made of gold, which is a shiny yellow metal that was very valuable. They looked different from regular coins because they had special designs on them that showed where they were from. For example, some territorial gold coins had pictures of animals or buildings that were important to that area.

People liked to use territorial gold because it was a way to show that they were from a certain place and to support their local economy. They could use it to buy things like food, clothes, and toys.

Today, territorial gold coins are rare and valuable collectors' items. They remind us of the history of the United States and how money has changed over time.