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Showing posts with label gold coins. Show all posts
Showing posts with label gold coins. Show all posts

Saint-Gaudens Low-Relief Double Eagles 1907-33

Uniting States change has never been more scenic than it was in the early days of the 20th century. The Buffalo nickel . . . The Mercury dime . . . The Standing Liberty sector . . . The Walking Liberty half buck-these were among the aesthetically stunning coins that made their first appearance and circulated feature by face during that stop.

Fittingly, however, the centerpiece of this "blond age" wasn't a nickel or silver coin, but one made out of gold. The Saint-Gaudens lookalike eagle, or $20 gold example, stands above the place as the song most magnificent coin of this-or any-era in U.S. chronicle.

As the 1900s dawned, Augustus Saint-Gaudens was a towering build in the sphere of American flimsy arts. Widely acclaimed as the affirm's preeminent sculptor, he was also a man of fluency and influence who dominated the art world of his day not only by example but also through the problem of vigor and persuasion.

His brilliance and notoriety brought him to the interest of President Theodore Roosevelt, and the two men developed a convivial relationship that was at once both delicate and professional. In 1905, Saint- Gaudens planned a princely opening medal for the leader. Pleasing and impressed, Roosevelt then invited him to approach prospective new designs for the two chief U.S. gold coins, the bend eagle and eagle, and for a one-cent member (which never reached production). Saint-Gaudens welcomed the challenge and plunged into the task with all his prodigious energy and dexterity.

Both men admired the high-relief money of earliest Greece, and both decided that U.S. gold coins ornate after that sculpt would be a spectacular achievement. They would also pause in bare differ to the two undistinguished-looking coins that were being replaced, the Liberty lookalike eagle and the Coronet eagle, both of which had their roots in the first half of the 19th century.

Although his shape was deteriorating as the work went along, Saint-Gaudens created superb designs for both gold coins. The clone eagle, especially, is a masterpiece. Its frontage skin a chubby-chunk study of Liberty with a torch in her right hand and an emerald split in her left. She is exposed in achieve tramp with waves of sunlight behind her and the U.S. Capitol Building to the left of her flowing gown. Encircling her are 46 stars-one for each confusion in the Union at that time. The coin's overturn depicts a breathtaking eagle in departure, with the sun below extending its energy upward. Above the eagle, in two semicircular tiers, are the inscriptions UNITED STATES OF AMERICA and TWENTY DOLLARS. High points to bill for clothing are Liberty's breast and knee and the eagle's wing.

Saint-Gaudens located another necessary motto, E PLURIBUS UNUM, along the tiptoe of the coin, hence sinking the cover on the facade and swap and reinforcing their orderly, open look. He and Roosevelt conspired to forget IN GOD WE TRUST from the first of the new expand eagles, but God-fearing members of Congress noticed this and mandated addition of this motto on later issues, starting near the end of 1908. On pieces shaped thereafter, it appears above the sun on the switch.

Roosevelt and Saint-Gaudens intended that the coin would be struck in high relief to beget out each stabbing specify. Unfortunately, however, the singer died in 1907, almost on the eve of the coin's debut. Meanwhile, Roosevelt was preoccupied with more burning matters of state. All this, mutual with the requirements of stack-shaped coinage, gave Mint Chief Engraver Charles E. Barber an option and a tolerate to drop the coin's relief. High-race minting mandatory this, he said-and what's more, high-relief coins wouldn't stack.

Fortunately, the beauty of the coin relics dazzling, even in poorer relief. And thankfully, Saint-Gaudens' unusual art was preserved in its pristine beauty through the minting of small records of really high-relief patterns and high-relief corporate strikes in 1907-or pretty MCMVII, for the year was shown on these coins in Roman numerals.

The first production pieces were made with high relief. Nevertheless after unusual just 11,250, Mint officials substituted new dies with the bespoke, lower relief, and these remained in use through the end of the cycle. As if to underscore the modify from the classical to the commercial, the Mint worn Arabic numbers in dating all summary-relief dual eagles.

"Saints" were minted each year from 1907 through 1916. A three-year interval followed, after which the coins were struck yearly from 1920 through 1933. The part mints in Denver and San Francisco augmented the focal Philadelphia Mint production, but not in every year. Mint letters exist above the meeting the designer's initials (ASG) below.

From 1929 onward, newly minted examples were seized almost entirely as part of the homeland's gold coffers, with the being free into circulation. Almost all these were melted (along with the prior fold eagles) following the gold withdraw order signed in 1933 by another President Roosevelt-Theodore's cousin, Franklin. As a significance, twin eagles square 1929 through 1932 are exceedingly juicy nowadays. The Mint created nearly half a million pieces dated 1933, but the government maintains that these were never free, and, hence it is banned to own them. That was the end of accepted-emanate U. S. Gold coinage.

Mintages were normally modest, but minder melting, not low mintage, was primarily responsible for concept of the chief rarities, with the 1927-D, the 1920-S, the 1921, the 1930-S and the 1932. The survival of many of these dates is predominately due to the large capacity for gold coins held in Swiss and French invest vaults. Since the 50s, tens of thousands of "Saints" have found their way back to their country of beginning and into collectors' hands. Proofs are very rare as only 687 were untaken for sale from 1908 through 1915. They were made with an utterly dull surface excepting for 1909 and 1910 when they were made with a more brilliant Roman or satin determine. This large gold coined is actively hunted by a host of collectors: from gold hoarders to letters collectors to those challenged by the awesome (and costly) undertaking of assembling a complete date and mintmark set.

In 1986, the U.S. Treasury rewarded the "Saint" the utmost complement by placing its obverse sketch on the American Eagle gold bullion coins, where it has remained ever since.

SPECIFICATIONS:

Diameter: 34 millimeters Weight: 33.436 grams Composition: .900 gold.100 copper Edge: Lettered E PLURIBUS UNUM Net Weight: .96750 scrap downright gold

BIBLIOGRAPHY: Akers, David W. A Handbook of 20th-Century United States Gold Coins 1907-1933, Bowers & Merena Galleries, Wolfeboro, NH, 1988. Bowers, Q. David, United States Gold Coins, An Illustrated History, Bowers & Ruddy, Los Angeles, 1982. Breen, Walter, Walter Breen's Complete Encyclopedia of U.S. and Colonial Coins, F.C.I. Press/Doubleday, New York, 1988. Dryfhout, John H. The Works of Augustus Saint-Gaudens, University Press of New England, Hanover, NH, 1982. Taxay, Don, The U.S. Mint and Coinage, Arco Publishing Co. Inc., New York, 1966. Vermeule, Cornelius, Numismatic Art in America, The Belknap Press of Harvard University Press, Cambridge, MA, 1971.

Coin Information Provided Courtesy NGC.

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Type 1 Gold Dollars 1849-1854

The nominal coin in U.S. chronicle owes its life to two of the chief gold rushes. That coin is the gold cash, a mere pipsqueak physically, but a giant in terms of record, curiosity and help.

The groundwork was laid for this fascinating coin in the Carolinas and Georgia, where the land's first big gold scuttle took place in the early 1800s. That scuttled had a chief influence on United States money, leading to the establishment of two aspect mints in the locality-in Charlotte, North Carolina, and in Dahlonega, Georgia-and a strong boost in the number of gold coins being made by the national government.

The first gold dollars made in the United States were privately minted issues created about 1830 by a German colonizer named Alt Christoph Bechtler who operated the trinkets shop in Rutherfordton, North Carolina. Finding that gold dust and nuggets were the first form of exchange in the field, Bechtler ran a cycle of ads in the North Carolina Spectator and Western Advertiser donation to refine raw gold into coins for a nominal fee.

By 1840, Bechtler and his family had turned out more than $2.2 million worth of gold coins, of which about half were gold dollars. This was perfectly official under the untaken central statutes-but, even so, Uncle Sam began to inspect the Bechtlers closely. The victory of their venture led to call for government-supply gold cash coins. In 1836, Congress even authorized such coins, but Mint Director Robert M. Patterson disparate the idea vehemently and partial his compliance to salient a handful of patterns.

The gold money didn't take its place in the U.S. currency plan awaiting 1849, and yet another gold hurry-this one in California-provided the glimmer. The discovery of gold at Sutter's Mill in 1848 eager Congress to inflate offered uses of the metal in U.S. penny and find some new ones.

Mint Director Patterson was still on the view and still opposite such currency, but this time his resistance was swept tangent. On March 3, 1849, Congress approved legislation authorizing not only gold dollars but also clone eagles-$20 gold pieces. Thus did the citizens's minimum and biggest recurring-topic gold coins emerge from Washing-ton's womb as fraternal twins.

The job of crafty both new coins chop to James Barton Longacre, the U.S. Mint's chief engraver. For both, he came up with a similar facade blueprint: a left-facing picture of Miss Liberty with a circlet, or small crown, in her curls. On the cash, she is bordered by 13 stars, symbolic of the 13 unique colonies. The buck's reverse is necessarily unfussy because of the coin's small amount: It bears the denomination 1 DOLLAR and the time within a simple garland, which is bordered by the inscription UNITED STATES OF AMERICA.

This pointed would wait in use pending 1854 before generous way to an "Indian Head" depiction and other modifications. The Indian led, in roll, would be enlarged two living later. Thus, there are three distinct types of gold dollars, with the "Liberty Head" kind of 1849-54 being known as "Type 1." Within the Type 1 change, there are also two important varieties in the gold dollars of 1849: Some have an "open" garland with ample freedom between the top of the garland and the number "1," while others have a "congested" circlet near tender the number.

During their six years of production, Type 1 gold dollars were struck at five different mints-Philadelphia (no mint blot), Charlotte (C), Dahlonega (D), New Orleans (O) and San Francisco (S)-but only the Philadelphia and Dahlonega mints issued them every year. San Francisco made them only in 1854, while Charlotte and New Orleans made them every year except 1854. The mintmark can be found below the headdress.

Mintages for the most part were relatively high at Philadelphia and New Orleans but much lesser at the other three mints. In 1850 and again in 1852, the Charlotte and Dahlonega twigs made fewer than 10,000 gold dollars each. The lowest mintage of all took place at Dahlonega in 1854, when a mere 2,935 examples were formed. Other foremost rarities embrace the 1853-D (with a mintage of 6,583) and the 1851-D (mintage 9,882).

Type 1 gold dollars are scarce but untaken in grades up through Mint State-64, but they're bloody in MS-65 and very rare above that direct. The uppermost relief points on the Type 1 gold dollar are the hair near the coronet and the tips of the leaves on the garland. These are where traces of attire first develop and, hence are major keys in determining grade. Although composed by court and mintmark in circulated grades, the curiosity of high grade pieces generally confines collectors to just one example for their lettering sets.

Proofs were not struck officially, but the behind Walter Breen, a famous numismatic researcher and scholar, reported that at slightest seven proofs were made in 1849 of the capture with open circlet and no letter L on the bust. He also knew of at slightest three proofs of the stopped wreath mode dated 1849. Proofs are also believed for 1850 and 1851, and at least one is known for 1854.

Throughout U.S. account, people have grumbled that silver dollars were too large and gray to transfer around. Gold dollars posed a dramatically different puzzle: at minus than three-quarters the mass of today's dime, they were so small they could certainly be absent. Make no blunder, while: These tiny coins had tremendous purchasing faculty equivalent to a stuffed day's wages or more for many Americans in the mid-1800s. They also like massive recognize from collectors today, for while they may be diminutive in amount, their rarity and cherish can be soaring.

SPECIFICATIONS:

Diameter: 13 millimeters Weight: 1.672 grams Composition: .900 gold.100 copper Edge: Reeded Net Weight: .04837 scrap downright gold

BIBLIOGRAPHY: Akers, David W. United States Gold Coins, Volume I, Gold Dollars 1849-1889, Paramount Publications, Englewood, OH, 1975. Breen, Walter, Major Varieties of U. S. Gold Dollars, Hewitt Numismatic Printers, Chicago. Breen, Walter, Walter Breen's Complete Encyclopedia of U.S. and Colonial Coins, F.C.I. Press/Doubleday, New York, 1988. Taxay, Don, The U.S. Mint and Coinage, Arco Publishing Co., New York, 1966. Winter, Douglas, Gold Coins of the Charlotte Mint 1838-1861, DWN Publishing, Dallas, 1998. Winter, Douglas, Gold Coins of the Dahlonega Mint 1838-1861, DWN Publishing, Dallas, 1997. Winter, Douglas, New Orleans Mint Gold Coins: 1839-1909, Bowers & Merena Galleries, Wolfeboro, NH, 1992.

Coin Information Provided Courtesy NGC.

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Austrian Philharmonic Gold Coins - Ancient Gold Beauty to Contemporary Bullion Investment

Austrian Philharmonic Gold coins are one of the most intense and well crafted in the world. A gold gold coined, these historic coins were minted in Vienna Austria, and like other coins minted in Austria's impressive coin minting saga of over 800 living, have become legendary around the world as one of the most wanted after and coveted of all gold coins.

These 24 carat gold 99.99% downright coins are not only gorgeous in their beauty and model, but are hunted after for such payback as their reputation for being:

* The best-promotion coins in the world
* Struck in 99.99% fewer 24 carat gold
* Perfect in mint feature
* Exceptionally striking point of the Vienna Philharmonic Orchestra on one flank and Vienna's Golden Hall on the other
* Able to tender abrupt resale gold bazaar respect

According to the World Gold Council, this coin was the best selling gold bullion coin for most of the 1990s, exceptional for a coin first struck in 1989. Vienna Philharmonic Austrian gold coins inhibit no alloyed metals. Minting in Austria by the Austrian mint, established in 1194, this coin contains the obsolete beauty as well as a promise contemporary investment well into the 21st century.

The key factors of the popularity of these Austrian gold coins are:

* Minted in one half, one lodge, and 1/10 ounce sizes
* 37 mm diameter
* Face treasure of €100 or 2000 shillings

Exceptional aspect in pattern and construction continues to make Austrian Philharmonic gold coins one of the most general and sought after bullion coins in the 21st century. From the exquisite craftsmanship on the face and repeal sides of the coin to its unbroken worth and reputation, this Austrian gold coin will persist to be a choice among both investors and collectors for sometime to come.

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