summaryrefslogtreecommitdiff
path: root/old/68369-0.txt
diff options
context:
space:
mode:
authornfenwick <nfenwick@pglaf.org>2025-01-21 19:17:41 -0800
committernfenwick <nfenwick@pglaf.org>2025-01-21 19:17:41 -0800
commit604e21a3484b967e1dfc3f911ccc843c94aeecb2 (patch)
tree1acee4a9f72a86b549eeb469a1c33529d7b9c269 /old/68369-0.txt
parent38cf88d6dc564a77557880c3e388868991f01774 (diff)
NormalizeHEADmain
Diffstat (limited to 'old/68369-0.txt')
-rw-r--r--old/68369-0.txt10328
1 files changed, 0 insertions, 10328 deletions
diff --git a/old/68369-0.txt b/old/68369-0.txt
deleted file mode 100644
index ce82ae5..0000000
--- a/old/68369-0.txt
+++ /dev/null
@@ -1,10328 +0,0 @@
-The Project Gutenberg eBook of Illustrated history of the United
-States mint, by George G. Evans
-
-This eBook is for the use of anyone anywhere in the United States and
-most other parts of the world at no cost and with almost no restrictions
-whatsoever. You may copy it, give it away or re-use it under the terms
-of the Project Gutenberg License included with this eBook or online at
-www.gutenberg.org. If you are not located in the United States, you
-will have to check the laws of the country where you are located before
-using this eBook.
-
-Title: Illustrated history of the United States mint
-
-Editor: George G. Evans
-
-Release Date: June 21, 2022 [eBook #68369]
-
-Language: English
-
-Produced by: Charlene Taylor and the Online Distributed Proofreading
- Team at https://www.pgdp.net (This file was produced from
- images generously made available by The Internet Archive)
-
-*** START OF THE PROJECT GUTENBERG EBOOK ILLUSTRATED HISTORY OF THE
-UNITED STATES MINT ***
-
-
-
-
-
-
-[Illustration]
-
-
-
-
- ILLUSTRATED HISTORY
-
- OF THE
-
- UNITED STATES MINT
-
- WITH A COMPLETE DESCRIPTION OF
-
- AMERICAN COINAGE,
-
- From the earliest period to the present time. The
- Process of Melting, Refining, Assaying, and
- Coining Gold and Silver fully described:
-
- WITH BIOGRAPHICAL SKETCHES OF
-
- Thomas Jefferson, Alexander Hamilton, Robert Morris, Benjamin Rush,
- John Jay Knox, James P. Kimball, Daniel M. Fox, and the Mint
- Officers from its foundation to the present time.
-
- TO WHICH ARE ADDED
-
- A GLOSSARY OF MINT TERMS
-
- AND THE
-
- LATEST OFFICIAL TABLES
-
- OF THE
-
- Annual Products of Gold and Silver in the different
- States, and Foreign Countries, with Monetary
- Statistics of all Nations.
-
- ILLUSTRATED with PHOTOTYPES, STEEL PLATE PORTRAITS and WOOD
- ENGRAVINGS, with NUMEROUS PLATES of Photographic Reproductions
- of RARE AMERICAN COINS, and Price List of their numismatic
- value.
-
- _New Revised Edition, Edited by the Publisher._
-
- PHILADELPHIA:
- GEORGE G. EVANS, PUBLISHER.
- 1888.
-
- Copyrighted by
- GEORGE G. EVANS.
- 1885.
-
- Recopyrighted, 1888.
-
- DUNLAP & CLARKE,
- PRINTERS AND BOOK BINDERS.
- 819-21 FILBERT STREET,
- PHILADELPHIA.
-
-
-
-
-INDEX.
-
- Adjusting room, 32
-
- American coinage, history of from 1792 to 1888
- gold coins, 142
- silver coins, 142
-
- Amount coined in fiscal year, 136, 141
- of coin in the United States, 142
-
- Ancient coining, 2
- Greek coins, 44
- Persian coins, 45
- Roman coins, 46
-
- Annealing furnaces, 29
-
- Architecture indebted to coins, 5
-
- Assay, process of, 23
-
- Assayers of Mint, list of, 118
-
- Assaying gold, 24
- silver, 25
- rooms, 24
-
-
- Barber, Charles E., Mint Engraver, 127
- William, ”, 126
-
- Bars manufactured at Mints during fiscal year, 136, 141
-
- Bland dollar, history of, 62
-
- Bond of indemnity signed by employees of first Mint, 1799, 17
-
- Booth, James C., Melter and Refiner, 123
-
- Boudinot, Elias, 102
-
- Bosbyshell, Col. O. C., Coiner, 116
-
- Boyd, N. B., Assistant Melter and Refiner, 124
-
- Brazilian coins, 58
-
- Bullion deposit and purchase of, 132
- for the silver dollar coinage, 1887, 132
- on hand at the Mints, 142
-
- Brief explanation of terms commonly used in treating of bullion, Mint
- coinage and money (see glossary), 149
-
-
- Cabinet of coins and relics, 41
-
- Cashiers of the Mint, 128, 129
-
- Childs, George H., Coiner, 116
-
- Chinese coins, 51
-
- Circulation of gold and silver in the United States, 138, 142
- of silver dollars, 138
-
- Cloud, Joseph, 123
-
- Cobb, Mark H., Cashier, 128
-
- Coinage Act of 1873, 99, 100
- and milling rooms, 35
- fiscal year 1887, 131
- of first silver dollar, 15
-
- Coiners of Mint, 114-118
-
- Coins, classification of, 48-68
- English, of the Commonwealth and Cromwell, 56, 57
- issued at the Philadelphia Mint from its establishment in 1792 to
- 1888, 81-89
- of Athens, 47
- of China, 51
- of Egypt, 45
- of Ferdinand and Isabella, 67
- of Siam, 50
- prices current, 154-160
- of Switzerland, 55
- of Syria, 46
-
- Colonial coins, 59
- paper money, 133
- pine tree money, 59
-
- Comparison of expressing the fineness of Gold in thousandths and in
- carats, 148
-
- Confederate coins (C. S. A.), 63
-
- Copy of paper laid in corner stone of the Mint, 18
- old pay roll, 12
-
- Costumes on coins, 5
-
- Cox, Albion, 128
-
- Curator of the Mint, 129
-
- Curiosities and minerals, 43
-
-
- Deposit melting room, 23
- weighing room, 21
-
- DeSaussure, Henry William, Director, 101
-
- Directors and Superintendents of Mints, 101-111
-
- Dollar of 1804, history of, 64
- standard, history of, 62
- trade, history of, 61
-
- Donations of old coins, 69
-
- Double eagle of 1849, history of, 66
-
- Du Bois, William E., Assayer, 121-123
-
-
- Earnings of Mint and Assay Offices, 144
-
- Eckfeldt, Adam, Coiner, 115
- George N., M. D., Director, 103
- Jacob B., Assayer, 118-120
-
- English coins, 55, 56
- silver tokens, 57
-
- Engravers and die-sinkers at the Mint, 124-128
-
- Engraving dies, 34
-
- Egyptian coins, 54
-
- Establishment of the Mint, 13
-
- Estimated value of foreign coins (official table of), 146
-
- Extract from Constitution of the United States relating to coining,
- 131
- from expenditures of the Mint, fiscal year, 1887, 135
- from resolution of Congress relating to Mint, 19
-
-
- Family coins (Grecian), 47
-
- First silver dollar coined, 14
-
- First U. S. money coined, 15
-
- Foreign coins, value of in United States money (table of), 146
-
- Fox, Hon. Daniel M., Superintendent, 105-109
-
- French coins, Marie Antoinette, etc., 54
-
-
- German coins, 55
-
- Glossary of Mint terms, 149
-
- Gobrecht, Christian, 126
-
- Gold and silver productions of the world, 137
- coins of Oliver Cromwell, 57
- and silver coins manufactured at the Philadelphia Mint since its
- establishment in 1792, 81-89
-
- Gold Medallic ducat, head of Luther, 55
-
- Golden daric, of Persia, 45
-
- Grecian coins, 44
-
- Greek Republic, 46
-
- Gun money of James II, 57
-
-
- Horatio C. Burchard, second director, extracts from the director’s
- last report, (Transcriber’s Note: No number was printed here,
- and it’s not at all clear what this refers to. Possibly the
- entry should have been edited out.)
-
- Hamilton, Alexander, 92
-
- Head of Jupiter Ammon (a specimen of), 47
- of Minerva, with Greek helmet, 55
-
- Heraldic emblems, 5
-
- Historical sketch of first U. S. Mint, 7-10
-
- History of coinage, ancient and modern, 1-6
- of present U. S. Mint, 17
-
- Humor pictured in medals and coins, 5
-
-
- Incidents of history on coins, 4
-
- Introduction, 1, 2
-
-
- Japanese coins, 53
-
- Jefferson, Thomas, 90, 91
-
- “Joe” and half “Joe”, 58
-
-
- Kimball, James Putnam, 93, 94
-
- Key, William H., Assistant Engraver, 116
-
- Kneass, William, Engraver, 114
-
- Knox, John Jay, 95-98
-
-
- Language upon coins and medals, 6
-
- Linderman, Henry Richard, M. D., 104-107
-
- Longacre, James B., Engraver, 115
-
-
- McClure, R. A., Curator, 129
-
- McCullough, Richard S., 123
-
- Medals and Cabinet Coins, 153
- partial list of, for sale at the Mint, 150-152
-
- Melter and refiner’s office, 23
-
- Melters and refiners of the Mint, 123, 124
-
- Melting rooms, 26
-
- Metallic money in Colonial times, 60
-
- Mexican coins, 58
-
- Money of Great Britain, 55
- of the Chinese Empire, 51
- French ”, 54
- German ”, 55
- Grecian ”, 46
- past and present, 1
- Roman Empire, 46
- time of Moses, 46
- Turkish Empire, 54
- United States, 61
-
- Moore, Samuel, M. D., Director, 102
-
- Morgan, George T., Assistant Engraver, 127
-
- Morris, Robert, diary of, 7
-
-
- National medals, 150-152
-
- New York doubloon, 61
-
- Note to visitors of the Philadelphia Mint, 161
-
- Notes on the early history of the Mint, 7-10
-
-
- Oak tree money, 60
-
- Oliver Cromwell, cast of, 42
-
- Oriental coins, 50, 67
-
-
- Pacific coast coins, 62
-
- Paper money, aggregate issue in war times, 148
-
- Parting and refining, 26
-
- Patterson, Robert, LL. D., Director, 102
- Robert M., Director, 102
-
- Pay roll of first Mint, 12
-
- Peale, Franklin, Coiner and Assayer, 115
-
- Penny of William the Conqueror, 56
-
- Persian coins, 45
-
- “Peter,” the Eagle (Mint bird), 43
-
- Pettit, Thomas M., Director, 103
-
- Pine tree money, 59
-
- Pollock, James, A. M., LL. D., Director, 103
-
- Portraiture upon coins, 3
-
- Portuguese and Spanish coins, 58
-
- Pound sterling, Charles First, 56
-
- Presidential medals, 151
-
- Profits on silver coinage, 134
-
- Progress in coining, 33
-
-
- Rare coins, price list (approximate value), 154-160
-
- Refining by acids, fiscal year 1887, 148
-
- Relics, 42
-
- Resolution of Congress establishing the Mint, 11
-
- Richardson, John, Assayer, 129
- Joseph, ”, 129
-
- Rittenhouse, David, First Director, 101
-
- Rolling gold and silver, 29
-
- Rolling room, 28
-
- Roman coins, imperial, 46
-
- Rules and regulations of first Mint, 15-16
-
- Rush, Benjamin, Treasurer, 116
-
- Russian coins, 55
- double rouble, head of Peter the Great, 55
-
- Ryal or royal, of Queen Elizabeth, 56
-
-
- Scot, Robert, Engraver, 125
-
- Scotch groat, of Robert Bruce, 57
- pennies, 57
-
- Selections of rare coins, 66, 67
-
- Separating room, 26
-
- Silver bullion purchased and coined (see table), 132
-
- Siamese coins, 50
-
- Silver coins of the United States (see table), 132
-
- Silver, first American, 14
-
- Snowden, Col. A. Loudon, Coiner, Superintendent, 104
- James Ross, LL.D., Superintendent, 103
-
- Sovereign of Oliver Cromwell, 57
-
- Specie and paper circulation of the United States (table of), 143
- of the World (see table), 142
-
- Standard weights, 129-131
-
- Steel, William S., Coiner, 18, 116
-
- Subsidiary coinage, 134, 150
-
-
- Table of circulation of gold and silver, 142
-
- Table showing where the precious metals in the U. S. come from, 139
-
- “The temple sweepers,” Grecian coin, 49
-
- Trade dollar, history of, 62
-
- Trade dollars coined, exported, imported, melted and redeemed, Act of
- March 3, 1887, 134
-
- Twenty dollar gold piece of 1849, 63
-
- Turkish coins, 54
-
-
- United States, coins, 61
- Mint first established, 7
- Mint test for gold and silver, 149
-
-
- Valuable and rare coins, price-list of, 154-160
-
- Value, in United States money, of one ounce Troy of gold, at
- different degrees of fineness, 160
-
- Value of gold and silver received at the Mints and Assay Offices, 132
-
- Value of foreign gold coins deposited at the New York Assay Office in
- 1887, 135
-
- Value of foreign gold and silver coins in United States money, 146
-
- Visiting the Mint, 20
-
- Voigt, Henry, Coiner, 114
-
-
- Washington coins and medals, 150
-
- “Widow’s mite,” history of, 68
-
- World’s coinage (table of), 143
-
- Wright, Joseph, Engraver, 125
-
-
-
-
-
-INTRODUCTION.
-
-MONEY OF THE PAST AND PRESENT.
-
-
-The need of a circulating medium of exchange has been acknowledged
-since the earliest ages of man. In the primeval days, bartering was the
-foundation of commercial intercourse between the various races; but this
-gave way in time, as exchanges increased. In the different ages many
-commodities have been made to serve as money,—tin was used in ancient
-Syracuse and Britain; iron, in Sparta; cattle, in Rome and Germany;
-platinum, in Russia; lead, in Burmah; nails, in Scotland; silk, in China;
-cubes of pressed tea, in Tartary; salt, in Abyssinia; slaves, amongst
-the Anglo Saxons; tobacco, in the earliest settlements of Virginia;
-codfish, in New Foundland; bullets and wampum, in Massachusetts;
-logwood, in Campeachy; sugar, in the West Indies; and soap, in Mexico.
-Money of leather and wood was in circulation in the early days of Rome;
-and the natives of Siam, Bengal, and some parts of Africa used the
-brilliantly-colored cowry shell to represent value, and some travelers
-allege that it is still in use in the remote portions of the last-named
-country. But the moneys of all civilized nations have been, for the
-greater part, made of gold, silver, copper, and bronze. Shekels of
-silver are mentioned in the Bible as having existed in the days of
-Abraham, but the metals are believed to have been in bars, from which
-proportionate weights were chipped to suit convenience. The necessity
-for some convenient medium having an intrinsic value of its own led to
-coinage, but the exact date of its introduction is a question history has
-not yet determined. It is supposed the Lydians stamped metal to be used
-as money twelve hundred years before Christ, but the oldest coins extant
-were made 800 B. C., though it is alleged that the Chinese circulated a
-square bronze coin as early as 1120 B. C. All of these coins were rude
-and shapeless, and generally engraved with representations of animals,
-deities, nymphs, and the like; but the Greeks issued coins, about 300
-B. C., which were fine specimens of workmanship, and which are not even
-surpassed in boldness and beauty of design by the products of the coiners
-of these modern times. Even while these coins were in circulation spits
-and skewers were accepted by the Greeks in exchange for products, just
-as wooden and metal coins were circulated simultaneously in Rome, 700
-B. C., and leather and metal coins in France, as late as 1360 A. D. The
-earliest coins bearing portraits are believed to have been issued about
-480 B. C., and these were profiles. In the third century, coins stamped
-with Gothic front faces were issued, and after that date a profusion of
-coins were brought into the world, as every self-governing city issued
-money of its own. The earliest money of America was coined of brass, in
-1612, and the earliest colonial coins were stamped in Massachusetts,
-forty years later.
-
-Ancient and extensive as the use of money has been in all its numerous
-forms and varied materials, it merely represented a property value which
-had been created by manual labor and preserved by the organic action of
-society. In a primitive state, herds of cattle and crops of grain were
-almost the only forms of wealth; the natural tendency and disposition of
-men to accumulate riches led them to fix a special value upon the metals,
-as a durable and always available kind of property. When their value in
-this way was generally recognized, the taxes and other revenues, created
-by kings and other potentates, was collected in part or wholly in that
-form of money. The government, to facilitate public business, stamped
-the various pieces of metal with their weight and quality, as they were
-received at the Treasury; and according to these stamps and marks, the
-same pieces were paid out of the Treasury, and circulated among the
-people at an authorized and fixed value. The next step was to reduce
-current prices of metal to a uniform size, shape, and quality, value and
-denomination, and make them, by special enactment, a legal tender for the
-payment of all taxes or public dues.
-
-Thus, a legalized currency of coined money was created, and the
-exchangeable value of the various metals used for that purpose fully
-established, to the great convenience of the world at large.
-
-
-ANCIENT COINING.
-
-The die for the obverse of the piece to be struck having been engraved,
-so as to properly present the religious or national symbol used for a
-device and whatever else was to be impressed upon the coin, was fixed
-immovably in an anvil or pedestal, face upwards. The lumps or balls
-of metal to be coined, having been made of a fixed and uniform weight
-and nearly of an oblate sphere in form, were grasped in a peculiarly
-constructed pair of tongs and laid upon the upturned die. A second
-operative then placed a punch squarely upon the ball of metal; heavy
-blows from a large hammer forced the punch down until the metal beneath
-it had been forced into every part of the die, and a good impress
-secured. In the meantime the punch would be imbedded in the lump of
-metal, and on being withdrawn the reverse of the coin would show a rough
-depression corresponding to the shape given the end of the punch, thereby
-making an uneven surface and disfiguring the piece; punch marks gradually
-developed into forms, and these forms combined with figures wrought into
-artistic design, until, by degrees, the punch itself became a die, making
-the reverse of each piece upon which it was used equal in every respect
-to the obverse of which it was the opposite. This perfection of the
-reverse was, however, secured at the expense of the effectiveness of the
-punch for its original purpose.
-
-The striking of coin between two dies, which were required to accurately
-oppose each other, was an operation requiring great dexterity, and the
-results were not at all certain. The artisans at this stage of the
-work, hit upon the expedient of using both the obverse and reverse die
-in a ring of such a size and depth, as to be a guide to each of them.
-The balls or disks of metal being struck inside the ring, between the
-dies, were forced to assume an even thickness, and a circular form
-corresponding with the inside of the ring. After the ring had been used
-in this way for some time, it was engraved upon the inside, and the
-coins produced were not only circular in shape, but stamped upon their
-edges. Thus was produced the perfect coin, and through the introduction
-of machinery has secured uniformity in the result and saved an immense
-amount of labor in striking vast sums of money; the artistic beauty of
-some of the antique specimens has not been surpassed in modern times.
-
-
-PORTRAITURE UPON COINS.
-
-It is said that no human head was ever stamped upon coins until after
-the death of Alexander the Great; he being regarded as somewhat of a
-divinity, his effigy was impressed upon money, like that of other gods.
-
-The knowledge of coins and medals, through the inscriptions and devices
-thereon, is, to an extent, a history of the world from that date in which
-metals were applied to such uses. Events engraven upon these, remain
-hidden in tombs or buried in the bosom of the earth, deposited there in
-ages long past, by careful and miserly hands, only awaiting the research
-of the patient investigator to tell the story of their origin. Numismatic
-treasures are scanned as evidence of facts to substantiate statements
-upon papyrus or stone, and dates are often supplied to define the border
-line between asserted tradition and positive history. Gibbon remarks: “If
-there were no other record of Hadrian, his career would be found written
-upon the coins of his reign.”
-
-The rudeness or perfection of coins and medals furnish testimony of the
-character and culture of the periods of their production. This is equally
-true of that rarest specimen of antiquity, the Syracusan silver medal—the
-oldest known to collectors—and the latest triumph of the graver’s art in
-gold, the Metis medal.
-
-It is not generally known that the rarest portraits of famous heroes
-are found upon coins and medals. The historian, especially the historic
-artist, is indebted to this source alone for the portraits of Alexander,
-Ptolemy, Cleopatra, Mark Antony, Cæsar, and many other celebrities.
-Perhaps the valuation of a rare coin or medal may be estimated by
-reference to one piece in the Philadelphia Mint. It is an Egyptian coin
-as large as a half-eagle, and has on the obverse the head of the wife of
-Ptolemy—Arsinoe—the only portrait of her yet discovered.
-
-
-INCIDENTS OF HISTORY
-
-Are not alone recorded; and as an example of a very different nature
-may be cited the medals commemorating the destruction of Jerusalem, and
-the whole series marking that episode, especially those classed “Judæa
-capta.” They tell sadly of a people’s humiliation: the tied or chained
-captive; the mocking goddess of victory, all made more real by reason
-of the introduction, on the reverse of each piece, of a Jewess weeping
-bitterly, and though she sits under a palm-tree, the national lament of
-another captivity is forcibly recalled.
-
-An interesting specimen of the series above mentioned was recently found
-in the south of France called, “Judæa Navillas,” valuable particularly
-because it strengthens Josephus’s assertion which had provoked some
-comment, viz.: the fact of the escape of a large number of Jews from the
-Romans, by means of ships, at Joppa.
-
-Coins and medals mark the introduction of laws; for example, an old
-Porcian coin gives the date of the “law of appeal,” under which, two
-centuries and a half later, Paul appealed to Cæsar. Another relic dates
-the introduction of the ballot-box; and a fact interesting to the
-agriculturist is established by an old silver coin of Ptolemy, upon which
-a man is represented cutting millet (a variety of Indian corn) with a
-scythe. Religions have been promulgated by coins. Islamism says upon a
-gold coin, “No God but God. Mohammed is the Prophet and God’s chosen
-apostle.”
-
-Persian coins, in mystic characters, symbolize the dreadful sacrifices
-of the Fire-Worshippers. Henry VIII, with characteristic egotism, upon
-a medal announces in Hebrew, Greek, and Latin: “Henry Eighth, King of
-England, France, and Ireland; Defender of the Faith, and in the land of
-England and Ireland, under Christ, the Supreme Head of the Church.”
-
-
-COSTUMES ON COINS.
-
-We also find stamped upon coins and medals the costumes of all ages, from
-the golden net confining the soft tresses of the “sorceress of the Nile,”
-and the gemmed robe of Queen Irene, to the broidered stomacher of Queen
-Anne, and the stately ruff of Elizabeth of England.
-
-In this connection may be mentioned the “bonnet piece” of Scotland,
-a coin of the reign of James VI., which is extremely rare, one of
-them having been sold for £41. The coin received its name from a
-representation of the king upon it, with a curiously plaited hat or
-bonnet which this monarch wore, a fashion that gave occasion for the
-ballad, “Blue Bonnets over the Border.”
-
-
-HERALDIC EMBLEMS
-
-Are faithfully preserved through this medium; in truth, medalic honors
-may be claimed as the very foundation of heraldic art. We discover
-medals perpetuating revolutions, sieges, plots, and murders, etc. We
-prefer directing attention to the fact that coins and medals are not
-only the land-marks of history, but a favorite medium of the poetry of
-all nations. Epics are thus preserved by the graver’s art in exceedingly
-small space. Poets turn with confidence to old coins for symbol as well
-as fact.
-
-One of the most graceful historical allusions is conveyed in the great
-seal of Queen Anne, after the union of Scotland with England. A rose
-and a thistle are growing on one stem, while, from above, the crown of
-England sheds effulgence upon the tender young plant.
-
-
-HUMOR PICTURED ON MEDALS.
-
-The medal of George I., on the reverse, boastfully presents “the horse
-of Brunswick” flying over the northwest of Europe, symbolizing the
-Hanoverian succession. The overthrow of the “Invincible Armada” was the
-occasion of a Dutch medal, showing the Hollanders richer in faith than
-in art culture, for the obverse of this medal presents the church upon
-a rock, in mid-ocean, while the reverse suggests the thought that the
-luckless Spanish mariner was driving against the walls of the actual
-building.
-
-
-ARCHITECTURE INDEBTED TO COINS.
-
-Architecture is largely indebted to coins, medals, and seals for accuracy
-and data. We learn from the medal of Septimus Severus the faultless
-beauty of the triumphal arch erected to celebrate his victory over
-Arabs and Parthians. This medal was produced two centuries before the
-Christian era, and is a marvel of art, for its perspective is wrought
-in bas-relief—an achievement which was not again attained before the
-execution of the celebrated Bronze Gates by Ghiberti, for the Baptistery
-at Florence, A. D. 1425. This exhumed arch was excavated long after its
-form and structure were familiar to men of letters through the medals.
-
-
-LANGUAGE UPON COINS AND MEDALS.
-
-The effect of coin on language is direct, and many words may be found
-whose origin was a coin, such as Daric, a pure gold coin; Talent,
-mental ability; Sterling, genuine, pure; while Guinea represents the
-aristocratic element, and, though out of circulation long ago, “no one
-who pretends to gentility in England would think of subscribing to any
-charity or fashionable object by contributing the vulgar _pound_. An
-extra shilling added to the _pound_ makes the _guinea_, and lifts the
-subscriber at once into the aristocratic world.”
-
-Copper is much preferred to gold for medals. Its firm, unchanging surface
-accepts and retains finer lines than have yet been produced upon gold and
-silver, and it offers no temptation to be thrown into the crucible.[1]
-
-In the preparation of this work, I am much indebted to several gentlemen
-connected with the United States Mint; also, to Messrs. R. Coulton Davis,
-Ph.G., and E. Locke Mason, who are acknowledged authority on the subject
-of numismatics.
-
-If it shall be found useful to the public, and especially to visitors of
-the Mint, it will be a source of satisfaction, and more than repay the
-labor bestowed in its preparation.
-
- G. G. E.
-
-_Philadelphia, March 1, 1888._
-
-
-
-
-THE UNITED STATES MINT.
-
-
-The subject of a National Mint for the United States was first introduced
-by Robert Morris,[2] the patriot and financier of the revolution; as
-head of the Finance Department, Mr. Morris was instructed by Congress
-to prepare a report on the foreign coins, then in circulation in the
-United States. On the 15th of January, 1782, he laid before Congress an
-exposition of the whole subject. Accompanying this report was a plan for
-American coinage. But it was mainly through his efforts, in connection
-with Thomas Jefferson and Alexander Hamilton, that a mint was established
-in the early history of the Union of the States. On the 15th of April,
-1790, Congress instructed the Secretary of the Treasury, Alexander
-Hamilton, to prepare and report a proper plan for the establishment of a
-National Mint, and Mr. Hamilton presented his report at the next session.
-An act was framed establishing the mint, which finally passed both Houses
-and received President Washington’s approval April 2, 1792.[3]
-
-
-NOTES ON THE EARLY HISTORY OF THE MINT.
-
-FROM ROBERT MORRIS’S DIARY.
-
- 1781. July 16th. Wrote to Mr. Dudley at Boston inviting him
- hither in consequence of the Continental Agent Mr. Bradford’s
- Letter respecting him referred to me by Congress.
-
- July 17th. Wrote Mr. Bradford respecting Mr. Dudley.
-
- Nov. 10th. Ordered some money on application of Mr. Dudley to
- pay his expences.
-
- Nov. 12th. Sent for Mr Dudley to consult him respecting the
- quantity of Alloy Silver will bear without being discoloured,
- he says he can put 6 drops into an ounce. Desired him to assay
- some Spanish Dollars and French Crowns, in order to know the
- quantity of pure Silver in each.
-
- Nov. 16th. Mr. Dudley assayed a number of Crowns and dollars
- for our information respecting the Mint.
-
- 1782. Jan. 2d. Mr. Benjamin Dudley applied for money to pay
- his Board which I directed to be paid by Mr. Swanwick, this
- gentleman is detained at the public expence as a person
- absolutely necessary in the Mint, which I hope soon to see
- established. My propositions on that subject are to be
- submitted to Congress so soon as I can get the proper assays
- made on Silver coins &c.
-
- Jan. 7th. Mr. Dudley applies about getting his wife from
- England. I promised him every assistance in my power.[4]
-
- Jan. 18th. I went to Mr. Gouvr. Morris’s Lodging to examine the
- plan we had agreed on, and which we had drawn up respecting
- the Establishment of a Mint, we made some alterations and
- amendments to my satisfaction and from a belief that this is a
- necessary and salutary measure. I have ordered it copied to be
- sent into Congress.
-
- Jan. 26th. Mr. Dudley applied for money to pay his Lodgings
- &c. I ordered Mr. Swanwick to supply him with fifty dollars,
- informed him that the Plan of a Mint is before Congress, and
- when passed, that he shall be directly employed, if not agreed
- to by Congress, I shall compensate him for his time &c.
-
- Feb. 26th. Mr. Benjamin Dudley brought me the rough drafts or
- plan for the rooms of a Mint &c. I desired him to go to Mr.
- Whitehead Humphreys to consult him about Screws, Smithwork
- &c. that will be wanted for the Mint, and to bring me a list
- thereof with an estimate of the Cost.
-
- Feb 28th. Mr. Dudley informs me that a Mr. Wheeler, a Smith in
- the Country, can make the Screws, Rollers &c. for the Mint. Mr.
- Dudley proposes the Dutch Church, that which is now unoccupied,
- as a place suitable for the Mint, I sent him to view it, & he
- returns satisfied that it will answer, wherefore I must enquire
- about it.
-
- March 22d. Mr. Dudley and Mr. Wheeler came and brought with
- them some Models of the Screws and Rollers necessary for the
- Mint. I found Mr. Wheeler entertained some doubts respecting
- one of these Machines which Mr. Dudley insists will answer
- the purposes and says he will be responsible for it. I agreed
- with Mr. Wheeler that he should perform the work; and, as
- neither he or I could judge of the value that ought to be paid
- for it, he is to perform the same agreeable to Mr. Dudley’s
- directions, and when finished, we are to have it valued by some
- Honest Man, judges of such work, he mentioned Philip Syng,
- Edwd. Duffield, William Rush and —— all of whom I believe are
- good judges and very honest men, therefore I readily agreed
- to this proposition. And I desired Mr. Dudley to consult Mr.
- Rittenhouse and Francis Hopkinson Esquire, as to the Machine or
- Wheel in dispute, and let me have their opinion.
-
- March 23d. Mr. Dudley called to inform me that Mr. Rittenhouse
- & Mr. Hopkinson agree to his plan of the Machine &c.
-
- April 12th. Mr. Dudley wants a horse to go up to Mr. Wheelers
- &c.
-
- May 20th. Mr. Dudley wrote me a Letter this day and wanted
- money. I directed Mr. Swanwick to supply him, and then disired
- him to view the Mason’s Lodge to see if it would Answer for a
- Mint, which he thinks it will, I desired him to go up to Mr.
- Wheelers to see how he goes on with the Rollers &c.
-
- June 17th. Mr. Dudley applied for money to pay his Bill. I
- directed Mr. Swanwick to supply him.
-
- June 18th. Issued a warrant in favor of B. Dudley £7.11.6.
-
- July 15th. Mr. B. Dudley applied for money, he is very uneasy
- for want of employment, and the Mint in which he is to be
- employed and for which I have engaged him, goes on so slowly
- that I am also uneasy at having this gentleman on pay and
- no work for him. He offered to go and assist Mr. Byers to
- establish the Brass Cannon Foundry at Springfield. I advised to
- make that proposal to Genl. Lincoln and inform me the result
- to-morrow.[5]
-
- July 16th. Mr. B. Dudley to whom I gave an order on Mr.
- Swanwick for fifty dollars, and desired him to seek after Mr.
- Wheeler to know whether the Rollers &c. are ready for him to go
- to work on rolling the copper for the Mint.
-
- August 22d. Mr. Saml. Wheeler who made the Rollers for the
- Mint, applies for money. I had a good deal of conversation with
- this ingenious gentleman.
-
- August 26th. Mr. Dudley called and pressed very much to be set
- at work.
-
- Sept 3d. Mr. B. Dudley applied for a passage for his Friend Mr.
- Sprague, pr. the Washington to France & for Mrs. Dudley back.
- Mr. Wheeler applied for money which I promised in a short time.
-
- Sept. 4th. Mr. Wheeler for money. I desired him to leave his
- claim with Mr. McCall Secretary in this office, and I will
- enable the discharge of his notes in the Bank when due.
-
- Novr. 8th. Mr. Dudley applies for the amount of his Bill for
- Lodgings and Diet &c. and I directed Mr. Swanwick to pay him,
- but am very uneasy that the Mint is not going on.
-
- Dec. 23d. Mr. Dudley and Mr. Wilcox brought the subsistance
- paper, and I desired Mr. Dudley to deliver 4000 sheets to Hall
- and Sellers.[6]
-
- Decr. 26th. Mr. Hall the printer brought 100 Sheets of the
- subsistence notes this day, and desired that more paper might
- be sent to his Printing Office, accordingly I sent for Mr.
- Dudley and desired him to deliver the same from time to time,
- until the whole shall amount to 4000 Sheets.
-
- 1783. April 2d. I sent for Mr. Dudley who delivered me a piece
- of Silver Coin, being the first that has been struck as an
- American Coin.
-
- April 16th. Sent for Mr. Dudley and urged him to produce the
- Coins to lay before Congress to establish a Mint.
-
- April 17th. Sent for Mr. Dudley to urge the preparing of Coins
- &c. for Establishing a Mint.
-
- April 22d. Mr. Dudley sent in several Pieces of Money as
- patterns of the intended American Coins.
-
- May 6th. Sent for Mr. Dudley and desired him to go down to Mr.
- Mark Wilcox’s, to see 15,000 Sheets of paper made fit to print
- my Notes on.
-
- May 7th. This day delivered Mr. Dudley the paper Mold for
- making paper, mark’d United States, and dispatched him to Mr.
- Wilcok’s, but was obliged to advance him 20 dollars.
-
- May 27th. I sent for Mr. Dudley to know if he has compleated
- the paper at Mr. Wilcock’s paper mill for the Certificates
- intended for the pay of the Army. He says it is made, but not
- yet sufficiently dry for the printers use. I desired him to
- repair down to the Mill and bring it up as soon as possible.
-
- May 28th. Mr. Whitehead Humphreys to offer his lot and
- buildings for erecting a Mint.
-
- July 5th. Mr. Benjn. Dudley gave notice that he has received
- back from Messrs. Hall and Sellers the Printers, three thousand
- sheets of the last paper made by Mr. Wilcocks. I desired him
- to bring it to this office. He also informs of a Minting Press
- being in New York for sale, and urges me to purchase it for the
- use of the American Mint.
-
- July 7th. Mr. Dudley respecting the Minting Press, but I had
- not time to see him.
-
- August 19th. I sent for Mr. Benjamin Dudley, and informed him
- of my doubts about the establishment of a Mint, and desired him
- to think of some employment in private service, in which I am
- willing to assist him all in my power. I told him to make out
- an account for the services he had performed for the public,
- and submit at the Treasury office for inspection and settlement.
-
- August 30th. Mr. Dudley brought the dies for Coining in the
- American Mint.
-
- Sept. 3d. Mr. Dudley applies for money for his expenses which I
- agree to supply, but urge his going into private business.
-
- Sept. 4th. Mr. Dudley for money, which is granted. Directed him
- to make three models for constructing Dry——
-
- Nov. 21st. Mr. Dudley applies for money. He says he was at half
- a guinea a week and his expenses borne when he left Boston to
- come about the Mint, and he thinks the public ought to make
- that good to him. I desired him to write me and I will state
- his claims to Congress.
-
- Nov. 26th. Mr. Dudley for money, which was granted.
-
- Dec. 17th. Mr. Dudley with his account for final settlement. I
- referred him to Mr. Milligan.
-
- 1784. Jan. 5th. Mr. Dudley applies for a Certificate of the
- Time which he was detained in the public service. I granted him
- one accordingly.
-
- Jan. 7th. Mr. Dudley after the settlement of his account, which
- I compleated by signing a warrant.
-
-[Illustration: [Fac simile of original, photo-engraved by Levytype
-Company.]
-
- Congress of the United States:
-
- AT THE THIRD SESSION,
-
- Begun and held at the City of Philadelphia, on
- Monday the sixth of December, one thousand
- seven hundred and ninety.
-
-_RESOLVED by the SENATE and HOUSE of REPRESENTATIVES of the United States
-of America in Congress assembled_, That a mint shall be established under
-such regulations as shall be directed by law.
-
-_Resolved_, That the President of the United States be, and he is hereby
-authorized to cause to be engaged, such principal artists as shall
-be necessary to carry the preceeding resolution into effect, and to
-stipulate the terms and conditions of their service, and also to cause to
-be procured such apparatus as shall be requisite for the same purpose.
-
- FREDERICK AUGUSTUS MUHLENBERG,
- _Speaker of the House of Representatives_.
-
- JOHN ADAMS, _Vice-President of the United States,
- and President of the Senate_.
-
-APPROVED, March the third, 1791.
-
- GEORGE WASHINGTON, _President of the United States_.
-
-DEPOSITED among the ROLLS in the OFFICE of the SECRETARY of STATE.
-
- _Th. Jefferson Secretary of State._]
-
-
-_The following is a copy of an old pay roll, framed and hanging upon the
-wall of the Cabinet._
-
-NAMES AND SALARIES OF THE OFFICERS, CLERKS, AND WORKMEN EMPLOYED AT THE
-MINT THE 10TH OCTOBER, 1795.
-
- Henry Wm. DeSaussure, Director @ 2,000 Drs. per Ann.
- Nicholas Way, Treasurer 1,200 ” ”
- Henry Voigt, Chief Coiner 1,500 ” ”
- Albion Cox, Assayer 1,500 ” ”
- Robert Scott, Engraver 1,200 ” ”
- David Ott, Melter and Refiner pro tem. 1,200 ” ”
- Nathaniel Thomas, Clerk to the Treasurer 700 ” ”
- Isaac Hough, ditto to Director and Assayer 500 ” ”
- Lodewyk Sharp, ditto to Chief Coiner 500 ” ”
- John S. Gardiner, Assistant Engraver 936 ” ”
- Adam Eckfeldt, Die Forger and Turner 500 ” ”
-
- _Workmen Employed in Chief Coiner’s Department._
-
- Wages per day. Doll. Cts.
- John Schreiner, Chief Pressman 1 80
- John Cope, Chief Adjuster 1 60
- William Hayley, Roller 1 40
- Nicholas Sinderling, Annealer 1 40
- John Ward, Miller 1 20
- Joseph Germon, Drawer 1 20
- Lewis Laurenger, Brusher 1 20
- Henry Voigt, Junr, Adjuster 88
- Sarah Waldrake, ditto 50
- Rachael Summers, ditto 50
- Lewis Bitting, ditto 1 20
- Lawrence Ford, ditto 1 20
- Christopher Baum, Pressman 1
- John Keyser, ditto 1
- Frederick Bauck, ditto 1
- Barney Miers, Cleaner 1
- Martin Summers, Doorkeeper 1
- Adam Seyfert, Hostler 1
- John Bay, Boy. 66
-
- _Workmen Employed at the Furnace of the Mint._
-
- Peter LaChase, Melter 1 60
- George Myers, ditto 1 50
- Eberhart Klumback, ditto 1 40
- Patrick Ryan, Filer 1 25
- Valentine Flegler, Labourer 1 25
- Andrew Brunet, ditto 1
- William Ryan, ditto 1
-
-Endorsed in two places, “Names and Salaries of the Officers, Clerks and
-Workmen employed in the Mint the 10th Oct. 1795.”
-
-
-
-
-THE PHILADELPHIA MINT.
-
-
-[Illustration: THE FIRST MINT IN THE UNITED STATES, ERECTED IN 1792.]
-
-The popular estimation in which the Mint is held in the United States,
-is, for obvious reasons, more distinctively marked than that entertained
-for other public institutions. Its position, in a financial point
-of view, is so important, its use so apparent, and its integrity of
-management so generally conceded, that it enjoys a pre-eminence and
-dignity beyond that accorded to general governmental departments. Party
-mutations usually effect changes in its directorship, with but slight
-interference, however, with the other officials, as those of attainments,
-skill, and long experience in the professional branches, required to
-intelligently perform the various duties assigned, are few in all
-countries. Those occupying positions are chosen for their proficiency in
-the various departments, their characters being always above question.
-The confidence reposed in the officials of the United States Mint has
-never been violated, as, for nearly a century of its operations, no
-shadow of suspicion has marred the fair name of any identified with its
-history.
-
-The need of a mint in the Colonies was keenly felt to be a serious
-grievance against England for years before the Revolution, and as soon as
-practicable after the establishment of Independence, the _United States
-Mint_ was authorized by an Act of Congress—April 2, 1792.
-
-A lot of ground was purchased on Seventh Street near Arch, and
-appropriations were made for erecting the requisite buildings. An old
-still-house, which stood on the lot, had first to be removed. In an
-account book of that time we find an entry on the 31st of July, 1792, of
-the sale of some old materials of the still-house for seven shillings and
-sixpence, which “Mr. Rittenhouse directed _should be laid out for punch_
-in laying the foundation stone.”[7]
-
-The first building erected in the United States for public use, under
-the authority of the Federal Government, was a structure for the United
-States Mint. This was a plain brick edifice, on the east side of
-Seventh street, near Arch, the corner-stone of which was laid by David
-Rittenhouse, Director of the Mint, on July 31, 1792. In the following
-October operations of coining commenced. It was occupied for about forty
-years. On the 19th of May, 1829, an Act was passed by Congress locating
-the United States Mint on its present site.
-
-The first coinage of the United States, was silver half-dimes in October,
-1792, of which Washington makes mention in his address to Congress, on
-November 6, 1792, as follows; “There has been a small beginning in the
-coinage of half-dimes; the want of small coins in circulation, calling
-the first attention to them.” The first metal purchased for coinage was
-six pounds of old copper at one shilling and three pence per pound, which
-was coined and delivered to the Treasurer, in 1793. The first deposit
-of silver bullion was made on July 18, 1794, by the Bank of Maryland.
-It consisted of “coins of France,” amounting to $80,715.73½. The first
-returns of silver coins to the Treasurer, was made on October 15, 1794.
-The first deposit of gold bullion for coinage, was made by Moses Brown,
-merchant, of Boston, on February 12, 1795; it was of gold ingots, worth
-$2,276.72, which was paid for in silver coins.
-
-The first return of gold coinage, was on July 31, 1795, and consisted of
-744 half eagles. The first delivery of eagles was in September 22, same
-year, and consisted of four hundred pieces.
-
-Previous to the coinage of silver dollars, at the Philadelphia Mint, in
-1794, the following amusing incidents occurred in Congress, while the
-emblems and devices proposed for the reverse field of that coin were
-being discussed.
-
-A member of the House from the South bitterly opposed the choice of
-the eagle, on the ground of its being the “king of birds,” and hence
-neither proper nor suitable to represent a nation whose institutions and
-interests were wholly inimical to monarchical forms of government. Judge
-Thatcher playfully, in reply, suggested that perhaps a goose might suit
-the gentleman, as it was a rather humble and republican bird, and would
-also be serviceable in other respects, as the goslings would answer to
-place upon the dimes. This answer created considerable merriment, and the
-irate Southerner, conceiving the humorous rejoinder as an insult, sent
-a challenge to the Judge, who promptly declined it. The bearer, rather
-astonished, asked, “Will you be branded as a coward?” “Certainly, if he
-pleases,” replied Thatcher; “I always was one and he knew it, or he would
-never have risked a challenge.” The affair occasioned much mirth, and,
-in due time, former existing cordial relations were restored between the
-parties; the irritable Southerner concluding there was nothing to be
-gained in fighting with one who fired nothing but jokes.
-
-
-EXTRACT FROM THE RULES AND REGULATIONS ADOPTED FOR THE MINT, JANUARY 1,
-1825.
-
- The operations of the Mint throughout the year, are to commence
- at 5 o’clock in the morning, under the superintendence of
- an officer, and continue until 4 o’clock in the afternoon,
- except on Saturdays, when the business of the day will close
- at 2 o’clock, unless on special occasions it may be otherwise
- directed by an officer. Extra work will be paid for in
- proportion, on a statement being made of it through the proper
- officer, at the end of each month. A strict account is to be
- kept by one of the officers, as they may agree of the absentees
- from duty, if the absence be voluntary, the full wages for the
- time will be deducted, if it arise from sickness a deduction
- will be made at the discretion of the proper officer. A
- statement of these deductions will be rendered at the end of
- the month, and the several accounts made out accordingly.
-
- The allowance under the name of _drink money_ is hereafter
- to be discontinued, and in place of it _three dollars extra
- wages_ per month will be allowed for the three summer months
- to those workmen who continue in the Mint through that season.
- No workman can be permitted to bring spirituous liquors into
- the Mint. Any workman who shall be found intoxicated within the
- Mint must be reported to the Director, in order that he may be
- discharged. No profane or indecent language can be tolerated
- in the Mint. Smoking within the Mint is inadmissible. The
- practice is of dangerous tendency; experience proves that this
- indulgence in public institutions, ends at last in disaster.
- Visitors may be admitted by permission of an officer, to
- see the various operations of the Mint on all working days
- except Saturdays and rainy days; they are to be attended by an
- officer, or some person designated by him. The new coins must
- not be given in exchange for others to accommodate visitors,
- without the consent of the Chief Coiner. Christmas day and the
- Fourth of July, and no other days, are established holidays at
- the Mint. The pressmen will carefully lock the several coining
- presses when the work for the day is finished, and leave the
- keys in such places as the Chief Coiner shall designate. When
- light is necessary to be carried from one part of the Mint
- to the other, the watchman will use a dark lanthorn but not
- an open candle. He will keep in a proper arm chest securely
- locked, a musket and bayonet, two pistols and a sword. The
- arms are to be kept in perfect order and to be inspected by an
- officer once a month, when the arms are to be discharged and
- charged anew.
-
- The watchman of the Mint must attend from 6 o’clock in the
- evening to 5 o’clock in the morning, and until relieved by
- the permission of an officer, or until the arrival of the
- door-keeper. He will ring the yard bell precisely every hour
- by the Mint clock, from 10 o’clock until relieved by the
- door-keeper, or an officer, or the workmen on working days,
- and will send the watch dog through the yard immediately after
- ringing the bell. He will particularly examine the departments
- of the engine and all the rooms where fire has been on the
- preceding day, conformably to his secret instructions. For this
- purpose he will have keys of access to such rooms as he cannot
- examine without entering them.
-
- If an attempt be made on the Mint he will act conformably
- to his secret instructions on that subject. In case of fire
- occurring in or near the Mint, he will ring the Alarm Bell if
- one has been provided, or sound the alarm with his rattle,
- and thus as soon as possible bring some one to him who can be
- dispatched to call an officer, and in other particulars will
- follow his secret instructions. The secret instructions given
- him from time to time he must be careful not to disclose. The
- delicate trust reposed in all persons employed in the Mint,
- presupposes that their character is free from all suspicion,
- but the director feels it his duty nevertheless, in order
- that none may plead ignorance on the subject, to warn them
- of the danger of violating so high a trust. Such a crime as
- the embezzlement of any of the coins struck at the Mint, or
- of any of the metals brought to the Mint for coinage, would
- be punished under the laws of Pennsylvania, by a fine and
- penitentiary imprisonment at hard labor. The punishment annexed
- to this crime by the laws of the United States, enacted for the
- special protection of deposits made at the Mint, is DEATH. The
- 19th Section of the Act of Congress, establishing the Mint,
- passed April 12, 1792, is in the following words: Section 19,
- _and_ be it further enacted, That if any of the gold or silver
- coins, which shall be struck or coined at the said Mint, shall
- be debased or made worse as to the proportion of fine gold or
- fine silver, therein contained, or shall be of less weight or
- value than the same ought to be, pursuant to the directions of
- this act, through the default or with the connivance of any of
- the officers or persons who shall be employed at said Mint, for
- the purpose of profit or gain, or otherwise, with a fraudulent
- intent, and if any of the said officers or persons shall
- embezzle any of the metal which shall at any time be committed
- to their charge, for the purpose of being coined, or any of
- the coins which shall be struck or coined at the said Mint,
- every such officer or person who shall commit any or either of
- the said offences, shall be deemed guilty of Felony, and shall
- suffer death. Printed copies of the Rules here recited are to
- be kept in convenient places for the inspection of the workmen,
- but as all may not be capable of reading them, it shall be the
- duty of the proper officer of the several departments, or such
- person as he may appoint, to read them in the hearing of the
- workmen, at least once a year, and especially to read them to
- every person newly employed in the Mint.
-
- SAMUEL MOORE,
- _Director_.
-
-Up to 1836 the work at the Mint was done entirely by hand or horse power.
-In that year steam was introduced. At different periods during the
-years 1797, 1798, 1799, 1802, and 1803, the operations of the Mint were
-suspended on account of the prevalence of yellow fever.
-
- “BOND OF INDEMNITY OR AGREEMENT of Operatives to return to the
- service of the Mint.” Dated August, 1799.
-
- “We, the subscribers, do hereby promise and engage to return
- to the service of the Mint as soon as the same shall be again
- opened, after the prevailing fever is over, on the penalty of
- twenty pounds.”
-
- “As witness our hands this 31st day of August, 1799.
-
- “GEORGE WATT’N,
- JOHN COPE,
- LEWIS BITTING,
- GEO. BOEMING,
- JAMES ANDERSON,
- JOHN SCHREINER,
- JOHN BIRNBAUM,
- GEORGE MYERS,
- CHARLES BENJ. K——,
- GEORGE BAILY,
- JOHN MANN,
- (In German) JOHANNES ——,
- SAML. THOMPSON,
- MARTIN SUMMERS.”
-
-The above are the signatures of the parties agreeing, written on old
-hand-made unruled foolscap paper.
-
-This is part of the Mint records, which has been framed for convenience
-and protection. It hangs in the Cabinet.
-
-
-THE MINT ESTABLISHED.
-
-The Mint was established by Act of Congress the second of April, 1792,
-and a few half-dimes were issued towards the close of that year. The
-general operations of the institution commenced in 1793. The coinage
-effected from the commencement of the establishment to the end of the
-year 1800 may be stated in round numbers at $2,534,000; the coinage
-of the decade ending 1810 amounted to $6,971,000, and within the ten
-years ending with 1820—$9,328,000. The amount within the ten years
-ending with 1830 is stated at $18,000,000, and the whole coinage from
-the commencement of the institution at $37,000,000. On the second of
-March, 1829, provisions were made by Congress for extending the Mint
-establishment, the supply of bullion for coinage having increased beyond
-the capacity of the existing accommodations. The Mint edifice, erected
-under this provision, stands on a lot purchased for the object at the
-northwest corner of Chestnut and Juniper streets, fronting 150 feet on
-Chestnut street and extending 204 feet to Penn Square, (the central
-and formerly the largest public square in the city). The corner-stone
-of the new edifice was laid on the fourth of July, 1829; the building
-is of marble and of the Grecian style of architecture, the roof being
-covered with copper. It presents on Chestnut street and Penn Square
-a front of 123 feet, each front being ornamented with a portico of
-60 feet, containing six Ionic columns. In the centre of the structure
-there was formerly a court-yard (now built up) extending 85 by 84 feet,
-surrounded by a piazza to each story, affording an easy access to all
-parts of the edifice. Present officers of the Mint: Hon. Daniel M. Fox,
-Superintendent; William S. Steel, Coiner; Jacob B. Eckfeldt, Assayer;
-Patterson Du Bois, Assistant Assayer, James C. Booth, Melter and Refiner;
-N. B. Boyd, Assistant Melter and Refiner; Charles E. Barber, Engraver;
-George T. Morgan and William H. Key, Assistant Engravers; M. H. Cobb,
-Cashier; George W. Brown, Doorkeeper.
-
-On July 4, 1829, Samuel Moore, then Director, laid the corner stone
-of the present building, located at the northwest corner of Chestnut
-and Juniper streets. It is of white marble, and of the Grecian style
-of architecture, and was finished, and commenced operations, in 1833.
-Subsequent to that date necessary changes in the interior arrangements,
-to accommodate the increase in business, have been introduced at various
-times, and it was made more secure as a depository for the great
-amount of bullion contained within its vaults, by having been rendered
-fire-proof in 1856.
-
-
-COPY OF THE PAPER LAID IN THE CORNER STONE OF THE MINT, JULY 4, 1829.
-
-This corner stone of the Mint of the United States of America, laid
-on the 4th day of July, 1829, being the fifty-third anniversary of
-our independence, in the presence of the Officers thereof, Members of
-Congress of the adjacent districts, architect, and artificers employed
-in the building, and a number of citizens of Philadelphia, in the which
-with this instrument are deposited specimens of the Coins of our Country
-struck in the present year. The Mint of the United States commenced
-operations in the year A. D., 1793, increasing constantly in utility,
-until its locality and convenience required extension and enlargement,
-which was ordered by the passage of a bill appropriating $120,000 for the
-erection of new and convenient buildings, to accommodate its operations,
-vesting the disbursement in the judgment and taste of the Director and
-President of the United States. In pursuance of the above bill, passed
-during the Presidency of John Quincy Adams, arrangements were made and
-designs adopted; William Strickland appointed architect; John Struthers,
-marble mason; Daniel Groves, bricklayer; Robert O’Neil, master carpenter,
-and in the first year of the Presidency of Andrew Jackson, this corner
-stone was placed in southeast corner of the edifice.
-
-The names of the officers of the Mint of the United States at this time,
-are as follows:
-
- DOCTOR SAMUEL MOORE, Director,
- ADAM ECKFELDT, Coiner,
- JOSEPH CLOUD, Melter and Refiner,
- JOSEPH RICHARDSON, Assayer,
- DOCTOR JAMES RUSH, Treasurer,
- WM. KNEASS, Engraver,
- GEORGE EHRENZELDER, Clerk.
-
- MINT OF THE UNITED STATES,
- _Philadelphia, March 20, 1838_.
-
- TO HON. LEVI WOODBURY, Secretary of the Treasury.
-
- Sir:—I had the honor to receive your letter asking my attention
- to a resolution of the House of Representatives of the United
- States, passed March 5, 1838, as follows:
-
- EXTRACT FROM RESOLUTION OF CONGRESS RELATING TO MINT.
-
- “_Resolved_, That the Secretary of the Treasury report to this
- House the cost of erecting the principal Mint and its branches,
- including buildings, fixtures, and apparatus; the salaries and
- expenses of the different officers; the amount expended in the
- purchase of bullion; the loss arising from wastage, and all
- other expenses; and the average length of time it requires to
- coin at the principal Mint all the bullion with which it can be
- furnished; and further, what amount of coin has been struck at
- the several branch mints, since their organization.”
-
- MINT OF THE UNITED STATES, PHILADELPHIA.
-
- The cost of the edifice, machinery, and fixtures, was $173,390
- Ground, enclosure, paving, etc. 35,840
- ---------
- Total cost of buildings, etc. $209,230
- =========
-
- This amount does not include expenditures made under special
- appropriations for the years 1836 and 1837, for milling and
- coining by steam power; and for extensive improvements in
- the assaying, melting, and parting rooms, and machine shops,
- amounting to $28,270.
-
- It may be proper to mention that the Mint building is on the
- best street in the city, is of large dimensions, with the
- whole exterior of marble, and two Ionic porticos; and that the
- machinery and apparatus are of the best construction. The cost
- must therefore be considered as very moderate. The new Mint
- lately erected by the British India Government at Calcutta,
- cost 24 lacs of rupees, or about $1,138,000.
-
- The Director receives per annum $3,500
- Treasurer 2,000
- Chief Coiner 2,000
- Assayer 2,000
- Melter and Refiner 2,000
- Engraver 2,000
- Second Engraver 1,500
- Assistant Assayer 1,300
- Treasurer’s Clerk 1,200
- Bookkeeper 1,000
- Clerk of the weighing room 1,200
- Director’s Clerk 700
- -------
- Total for salaries $20,400
- =======
-
- No expenses are allowed, beyond the above sums, to any officer,
- assistant, or clerk, for the performance of his duties.
-
- As all the gold and silver brought to the Mint is purchased at
- the nett Mint price, there is no expense, properly so called,
- incurred on this account.
-
- R. M. PATTERSON,
- _Director of the Mint_.
-
-Previous to the passage of the law by the Federal government for
-regulating the coins of the United States, much perplexity arose from
-the use of no less than four different currencies or rates, at which
-one species of coin was recoined, in the different parts of the Union.
-Thus, in New Hampshire, Massachusetts, Maine, Rhode Island, Connecticut,
-Vermont, Virginia and Kentucky, the dollar was recoined at six shillings;
-in New York and North Carolina at eight shillings; in New Jersey,
-Pennsylvania and Maryland at seven shillings and six pence; in Georgia
-and South Carolina at four shillings and eight pence. The subject had
-engaged the attention of the Congress of the old confederation, and the
-present system of the coins is formed upon the principles laid down
-in their resolution of 1786, by which the denominations of money of
-account were required to be dollars (the dollar being the unit), dismes
-or tenths, cents or hundredths, and mills or thousandths of a dollar.
-Nothing can be more simple or convenient than this decimal subdivision.
-The terms are proper because they express the proportions which they are
-intended to designate. The dollar was wisely chosen, as it corresponded
-with the Spanish coin, with which we had been long familiar.
-
-
-VISITING THE MINT.
-
-The Mint, on Chestnut street near Broad, is open to the public daily,
-excepting Sundays and holidays, from 9 to 12 A. M. Visitors are met by
-the courteous ushers, who attend them through the various departments.
-It is estimated that over forty thousand persons have visited the
-institution in the course of a single year. Owing to the immense amount
-of the precious metals which is always in course of transition, and
-the watchful care necessary to a correct transaction of business, the
-public are necessarily excluded from some of the departments. These,
-however, are of but little interest to the many and are described under
-their proper heads. The system adopted in the Mint is so precise and the
-weighing so accurate, that the abstraction of the smallest particle of
-metal would lead to almost immediate detection.
-
-On entering the rotunda, the offices of the Treasurer and Cashier are to
-the right and left. Farther in, in the hall, to the rear, on the right,
-is the room of the Treasurer’s clerks; a part of this was formerly used
-by the Adams Express Company, who transport to and from the Mint millions
-of dollars worth of metal, coin, etc.
-
-
-THE DEPOSIT OR WEIGHING-ROOM.
-
-[Illustration: SCALES.]
-
-On the left is the Deposit or Weighing-room, where all the gold and
-silver for coining is received and first weighed. The largest weight used
-in this room is five hundred ounces, the smallest, is the thousandth
-part of an ounce. The scales are wonderfully delicate, and are examined
-and adjusted on alternate days. On the right of this room is one of the
-twelve vaults in the building. Of solid masonry, several of them are
-iron-lined, with double doors of the same metal and most complicated and
-burglar-proof locks.
-
-[Illustration: AUTOMATIC WEIGHING SCALES.]
-
-It is estimated that about fifteen hundred million dollars worth of
-gold has been received and weighed in this room; probably nine-tenths
-of this amount was from California, since its discovery there in the
-year 1848. Previous to that time the supplies of gold came principally
-from Virginia, North Carolina, and Georgia. During the past ten years
-considerable quantities have been received from Nova Scotia, but most
-of the gold that reaches the Mint, at the present time, comes from
-California, Montana, Colorado, Idaho, Nevada, Arizona, Oregon, Dakota,
-Virginia, South Carolina, and New Mexico.
-
-Formerly the silver used by the Mint came principally from Mexico and
-South America, but since the discovery of the immense veins of that metal
-in the territories of the United States the supply is furnished from the
-great West.
-
-The copper used comes principally from the mines of Lake Superior, the
-finest from Minnesota. The nickel is chiefly from Lancaster County, Pa.
-
-
-THE DEPOSIT MELTING ROOM.
-
-After the metal has been carefully weighed in the presence of the
-depositor and the proper officials, it is locked in iron boxes and taken
-to the melting room, where it is opened by two men, each provided with
-a key to one of the separate locks. There are four furnaces in this
-room, and the first process of melting takes place here. The gold and
-silver, being mixed with borax and other fluxing material, is placed in
-pots, melted and placed in iron moulds, and when cooled is again taken
-to the deposit room in bars, where it is reweighed, and a small piece
-cut from each lot by the Assayer. From this the fineness of the whole is
-ascertained, the value calculated, and the depositor paid. The metal in
-its rough state is then transferred to the Melter and Refiner.
-
-
-OFFICE OF THE MELTER AND REFINER.
-
-Adjoining the Deposit Melting Room are the Melter and Refiner and
-assistants. This is the general business office of the head of this
-department, and is also used for weighing the necessary quantities of the
-metals used in alloying coin.
-
-
-THE PROCESS OF ASSAY.
-
-The two essential things regarding every piece of metal offered in
-payment of any dues were, first, the weight or quantity, next, the
-fineness or purity of the same. The process of weighing even the baser
-metals used in coining must be conducted by the careful use of accurate
-scales, with precise notes of the results. In precious metals, gold,
-silver, and their high grade alloys, a very small variation in the
-fineness makes a great difference in the value. Nothing is more essential
-than the accurate determination of the weight of the sample and of
-the metal obtained from it. It requires keen sight and most delicate
-adjustment in the hand which manipulates the Lilliputian scales of
-an Assayer’s table. The smallest weight used in the Mint is found in
-the Assay Room; it is the thirteen-hundredth part of a grain, and can
-scarcely be seen with the naked eye, unless on a white ground. The Assay
-Department is strictly a technical and scientific branch of the service.
-It has been practically under one regime, for the last fifty years. There
-have been but three Chief Assayers in that time, the only removals being
-by death, the only appointments by promotion. Its workmen are all picked
-men, selected from other parts of the Mint for special fitness and good
-character.
-
-
-THE ASSAYING ROOMS.
-
-These are on the second floor, in the southwest corner of the building.
-In one of these are fires, stills, and other appliances used in the
-delicate and complicated process of assay, by which the specific standard
-of the fineness and purity of the various metals are established and
-declared.
-
-
-ASSAYING GOLD.
-
-The gold is melted down and stirred, by which a complete mixture is
-effected, so that an assay piece may be taken from any part of the bar
-after it is cast. The piece taken for this purpose is rolled out for the
-convenience of cutting. It is then taken to an assay balance (sensible
-to the ten-thousandth of a half gramme or less), and from it is weighed
-a half gramme, which is the normal assay weight for gold, being about
-7.7 grains troy. This weight is stamped 1000; and all the lesser weights
-(afterwards brought into requisition) are decimal divisions of this
-weight, down to one ten-thousandth part.
-
-Silver is next weighed out for the quartation (alloying), and as the
-assay piece, if standard, should contain 900-thousandths of gold, there
-must be three times this weight, or 2700-thousandths of silver; and this
-is the quantity used. The lead used for the cupellation is kept prepared
-in thin sheets, cut in square pieces, which should each weigh about ten
-times as much as the gold under assay. The lead is now rolled into the
-form of a hollow cone; and into this are introduced the assay gold and
-the quartation silver, when the lead is closed around them and pressed
-into a ball. The furnace having been properly heated, and the cupels
-placed in it and brought to the same temperature, the leaden ball, with
-its contents, is put into a cupel (a small cup made of burned bones,
-capable of absorbing base metals), the furnace closed, and the operation
-allowed to proceed, until all agitation is ceased to be observed in the
-melted metal, and its surface has become bright. This is an indication
-that the whole of the base metals have been converted into oxides, and
-absorbed by the cupel.
-
-The cupellation being thus finished, the metal is allowed to cool slowly,
-and the disc or button which it forms is taken from the cupel. The button
-is then flattened by a hammer; is annealed by bringing it to a red heat;
-is laminated by passing it between the rollers; is again annealed; and
-is rolled loosely into a spiral or coil called a _cornet_. It is now
-ready for the process of quartation. This was formerly effected in a
-glass matrass, and that mode is still used occasionally, when there
-are few assays. But a great improvement, first introduced into this
-country by the Assayer in 1867, was the—“platinum apparatus,” invented
-in England. It consists of a platinum vessel in which to boil the nitric
-acid, which is to dissolve out the silver, and a small tray containing
-a set of platinum thimbles with fine slits in the bottom. In these the
-silver is taken out, by successive supplies of nitric acid, without any
-decanting as in the case of glass vessels. The cornets are also annealed
-in the thimbles; in fact there is no shifting from the coiling to the
-final weighing, which determines the fineness of the original sample by
-proportionate weights in thousandths. In this process extra care has to
-be taken in adding the proportions of silver, as the “shaking” of any one
-cornet, might damage the others.
-
-
-ASSAYING SILVER.
-
-The process of assaying silver differs from that of gold. To obtain the
-assay sample, a little of the metals is dipped from the pot and poured
-quickly into water, producing a granulation, from portions of which that
-needed for assay is taken. In the case of silver alloyed with copper
-there is separation, to a greater or less degree, between the two metals
-in the act of solidification. Thus an ingot or bar, cooled in a mould,
-or any single piece cut from either, though really 900-thousandths fine
-on the average, will show such variations, according to the place of
-cutting, as might exceed the limits allowed by law. But the sudden chill
-produced by throwing the liquid metal into water, yields a granulation of
-entirely homogeneous mixture that the same fineness results, whether by
-assaying a single granule, or part of one, or a number.
-
-From this sample the weight of 1115 thousandths is taken; this is
-dissolved in a glass bottle with nitric acid. The standard solution of
-salt is introduced and chloride of silver is the result, which contains
-of the metallic silver 1000 parts; this is repeated until the addition
-of the salt water shows but a faint trace of chloride below the upper
-surface of the liquid. For instance: if three measures of the decimal
-solution have been used with effect, the result will show that the 1115
-parts of the piece contained 1003 of pure silver; and thus the proportion
-of pure silver in the whole alloyed metal is ascertained. Extensive
-knowledge and experience are required in such matters as making the
-bone-ash cupels, fine proof gold and silver, testing acids, and other
-special examinations and operations. The Assayer must, himself, be
-familiar with all the operations of minting, as critical questions are
-naturally carried to him. The rendering of decisions upon counterfeit
-or suspicious coins has long been a specialty in this department. Once a
-year the President appoints a scientific commission to examine the coins
-of the preceding year. There has never yet been a Philadelphia coin found
-outside of the tolerance of fineness.
-
-
-THE SEPARATING ROOM.
-
-This department occupies the largest part of the west side of the
-building, on the second floor. Here the gold and silver used by the Mint
-in the manufacture of coin and fine bars are separated from each other,
-or whatever other metals may be mixed with them, and purified. It goes to
-this room after having been once melted and assayed. In separating and
-purifying gold, it is always necessary to add to it a certain quantity of
-pure silver. The whole is then immersed in nitric acid, which dissolves
-the silver into a liquid which looks like pure water. The acid does not
-dissolve the gold, but leaves it pure. The silver solution is then drawn
-off, leaving the gold at the bottom of the tub. It is then gathered up
-into pans and washed.
-
-The silver in the condition in which it is received from the hands of
-the depositor, and generally filled with foreign impurities, is melted
-and then granulated, after which the whole mass is dissolved with nitric
-acid. The acid dissolves the base metals as well as the silver. The
-liquid metals are then run into tubs prepared for it, and precipitated,
-or rendered into a partially hard state, by being mixed with common
-salt water. After being precipitated it is called “chloride,” and
-resembles very closely new slacked lime. By putting spelter or zinc on
-the precipitated chloride, it becomes metallic silver, and only needs
-washing and melting to make the purest virgin metal. The base metals
-remain in a liquid state, and being of little value are generally thrown
-away. The process of refining silver is of two kinds; that of melting it
-with saltpetre, etc., which was known some thousands of years since, and
-the modern process of dissolving it in nitric acid, like the method of
-extracting it from gold in the above described operation.
-
-After the separating process has been completed, the gold or silver is
-conveyed to the Drying Cellar, where it is put under pressure of some
-eighty tons, and all the water pressed out. It is then dried with heat,
-and afterwards conveyed in large cakes to the furnaces.
-
-
-THE MELTING ROOMS
-
-are on the first floor, in the west side of the building. Here all the
-metal used in coining is alloyed, melted and poured into narrow moulds.
-These castings are called ingots; they are about twelve inches long,
-a half-inch thick, and vary from one to two a half-inches in breadth,
-according to the coin for which they are used, one end being wedge-shaped
-to allow its being passed through the rollers. The value of gold ingots
-is from $600 to $1,400; those of silver, about $60. The fine gold and
-silver bars used in the arts and for commercial purposes, are also cast
-in this department.
-
-[Illustration: CASTING INGOTS.]
-
-[Illustration: INGOTS.]
-
-These are stamped with their weight and value in the deposit room. The
-floors that cover the melting rooms are made of iron in honey-comb
-pattern, divided into small sections, so that they can be readily taken
-up to save the dust; their roughness acting as a scraper, preventing any
-metallic particles from clinging to the soles of the shoes of those who
-pass through the department, the sweepings of which, and including the
-entire building, averages $23,000 per annum, for the last five years.
-
-The copper and nickel melting rooms, wherein all the base metals used
-are melted and mixed, is on the same side and adjoining to the gold and
-silver department. Up to the year 1856, the base coin of the United
-States was exclusively copper. In this year the coinage of what was
-called the nickel cents was commenced. These pieces, although called
-nickel, were composed of one-eighth nickel; the balance was copper.
-
-The composition of the five and three cent pieces is one-fourth nickel;
-the balance copper. The bronze pieces were changed in 1859, and are a
-mixture of copper, zinc and tin, about equal parts of each of the two
-last; the former contributing about 95 per cent. There are seven furnaces
-in this room, each capable of melting five hundred pounds of metal per
-day. When the metal is heated and sufficiently mixed, it is poured into
-iron moulds, and when cool, and the rough ends clipped off, is ready to
-be conveyed to the rolling room.
-
-
-THE ROLLING ROOM.
-
-From the melting rooms through the corridor we reach the rolling room.
-The upright engine, on the right, of one hundred and sixty horse power,
-supplies the motive force to the rolling machines, four in number. Those
-on the left, are massive and substantial in their frame-work, with
-rollers of steel, polished by service in reducing the ingots to planchets
-for coining. The first process or rolling is termed breaking down; after
-that it requires to be passed through the machine until it is reduced to
-the required thinness—ten times if gold, eight if silver, being annealed
-in the intervals to prevent breaking. The rollers are adjustable and the
-space between them can be increased or diminished at pleasure, by the
-operator. About two hundred ingots are run through per hour on each pair
-of rollers.
-
-The pressure applied is so intense that half a day’s rolling heats, not
-only the strips and rollers, but even the huge iron stanchions, weighing
-several tons, so hot that you can hardly hold your hand on them.
-
-When the rolling is completed the strip is about six feet long, or six
-times as long as the ingot.
-
-It is impossible to roll perfectly true. At times there will be a lump of
-hard gold, which will not be quite so much compressed as the rest. If the
-planchets were cut from this place, it would be heavier and more valuable
-than one cut from a thinner portion of the strip. It is, therefore,
-necessary to “draw” the strips, after being softened by annealing.
-
-[Illustration: ROLLING MACHINE.]
-
-
-ANNEALING FURNACES.
-
-These are in the same room, to the right facing the rollers. The gold
-and strips are placed in copper canisters, and then placed in the
-furnaces and heated to a red heat; silver strips being laid loosely in
-the furnace. When they become soft and pliable, they are taken out and
-allowed to cool slowly.
-
-
-THE DRAWING BENCHES.
-
-These machines resemble long tables, with a bench on either side, at one
-end of which is an iron box secured to the table. In this are fastened
-two perpendicular steel cylinders, firmly supported in a bed, to prevent
-their bending or turning around, and presenting but a small portion of
-their circumference to the strip. These are exactly at the same distance
-apart that the thickness of the strip is required to be. One end of the
-strip is somewhat thinner than the rest, to allow it to pass easily
-between the cylinders. When through, this end is put between the jaws
-of a powerful pair of tongs, or pincers, fastened to a little carriage
-running on the table. The carriage to the further bench is up close to
-the cylinders, ready to receive a strip, which is inserted edgewise.
-When the end is between the pincers, the operator touches a foot pedal
-which closes the pincers firmly on the strip, and pressing another
-pedal, forces down a strong hook at the left end of the carriage, which
-catches in a link of the moving chain. This draws the carriage away from
-the cylinders, and the strip being connected with it has to follow.
-It is drawn between the cylinders, which operating on the thick part
-of the strip with greater power than upon the thin, reduces the whole
-to an equal thickness. When the strip is through, the strain on the
-tongs instantly ceases, which allows a spring to open them and drop the
-strip. At the same time another spring raises the hook and disengages
-the carriage from the chain. A cord fastened to the carriage runs back
-over the wheel near the head of the table, and then up to a couple of
-combination weights on the wall beyond, which draw the carriage back to
-the starting place, ready for another strip.
-
-[Illustration: DRAWING BENCH.]
-
-
-THE CUTTING MACHINES.
-
-After being thoroughly washed, the strips are consigned to the cutting
-machines. These are in the rear of the rolling mills, and are several in
-number, each when in active operation cutting two hundred and twenty-five
-planchets per minute. The press now used, consists of a vertical steel
-punch, which works in a round hole or matrix, cut in a solid steel plate.
-The action of the punch is obtained by an eccentric wheel. For instance,
-in an ordinary carriage wheel, the axis is in the centre, and the wheel
-revolves evenly around it. But if the axis is placed, say four inches
-from the centre, then it would revolve with a kind of hobble. From this
-peculiar motion its name is derived. Suppose the tire of the wheel is
-arranged, not to revolve with, but to slip easily around the wheel, and a
-rod is fastened to one side of the tire which prevents its turning. Now
-as the wheel revolves and brings the _long side nearest the rod_, it will
-push forward the rod, and when the long side of the wheel is _away from
-the rod_, it draws the rod with it.
-
-[Illustration: CUTTING MACHINE.]
-
-[Illustration: STRIP FROM WHICH PLANCHETS ARE CUT.]
-
-The upper shaft, on which are seen the three large wheels, has also
-fastened to it, over each press, an eccentric wheel. In the first
-illustration will be seen three upright rods running from near the table
-to the top. The middle one is connected with a tire around the eccentric
-wheel, and rises and falls with each revolution. The eccentric power
-gives great rapidity of motion with but little jerking.
-
-The operator places one end of a strip of metal in the immense jaws of
-the press, and cuts out a couple of planchets, which are a fraction
-larger than the coin to be struck. As the strips are of uniform
-thickness, if these two are of the right weight, all cut from that strip
-will be the same. They are therefore weighed accurately. If right, or a
-little heavy, they are allowed to pass, as the extra weight can be filed
-off. If too light, the whole strip has to be re-melted. As fast as cut
-the planchets fall into a box below, and the perforated strips are folded
-into convenient lengths to be re-melted. From a strip worth say eleven
-hundred dollars, eight hundred dollars of planchets will be cut.
-
-
-ADJUSTING ROOM.
-
-[Illustration: DELICATE SCALES.]
-
-The planchets are then removed to the adjusting room, where they are
-adjusted. This work is performed by ladies. After inspection they are
-weighed on very accurate scales. If a planchet is too heavy, but near
-the weight, it is filed off at the edges; if too heavy for filing, it is
-thrown aside with the light ones, to be re-melted. To adjust coin so
-accurately requires great delicacy and skill, as a too free use of the
-file would make it too light. Yet by long practice, so accustomed do the
-operators become, that they work with apparent unconcern, scarce glancing
-at either planchets or scales, and guided as it were by unerring touch.
-
-The exceedingly delicate scales were made under the direction of Mr.
-Peale, who greatly improved on the old ones in use. So precise and
-sensitive are they that the slightest breath of air affects their
-accuracy, rendering it necessary to exclude every draft from the room.
-
-
-PROGRESS IN COINING.
-
-The methods of coining money have varied with the progress in mechanic
-arts, and are but indefinitely traced from the beginning; the primitive
-mode, being by the casting of the piece in sand, the impression being
-made with a hammer and punch. In the middle ages the metal was hammered
-into sheets of the required thickness, cut with shears into shape, and
-then stamped by hand with the design. The mill and screw, by which
-greater increase in power, with finer finish was gained, dates back to
-the Sixteenth Century. This process, with various modifications and
-improvements, continued in use in the Philadelphia Mint until 1836.
-
-[Illustration: ANCIENT COINING PRESS.]
-
-The first steam coining press was invented by M. Thonnelier, of France,
-in 1833, and was first used in the United States Mint in 1836. It was
-remodeled and rebuilt in 1858, but in 1874 was superseded by the one now
-in operation, the very perfection of mechanism, in which the vibration
-and unsteady bearing of the former press were entirely obviated, and
-precision attained by the solid stroke with a saving of over seventy-five
-per cent. in the wearing and breaking of the dies.
-
-[Illustration: STEAM COINING PRESS.]
-
-
-DIES.
-
-[Illustration: DIES.]
-
-The dies for coining are prepared by engravers, especially employed
-at the Mint for that purpose. The process of engraving them consists
-in cutting the devices and legends in soft steel, those parts being
-depressed which, in the coin, appear in relief. This, having been
-finished and hardened, constitutes an “_original die_,” which, being
-the result of a tedious and difficult task, is deemed too precious to
-be directly employed in striking coins; but it is used for multiplying
-dies. It is first used to impress another piece of soft steel, which
-then presents the appearance of a coin, and is called a _hub_. This hub,
-being hardened, is used to impress other pieces of steel in like manner
-which, being like the original die, are hardened and used for striking
-the coins. A pair of these will, on an average, perform two weeks’ work.
-
-
-TRANSFER LATHE.
-
-[Illustration]
-
-The transfer lathe, a very complicated piece of machinery, is used in
-making dies, for coins and medals. By it, from a large cast, the design
-can be transferred and engraved in smaller size, in perfect proportion to
-the original.
-
-
-THE COINING AND MILLING ROOMS.
-
-This department, the most interesting to the general visitor, occupies
-the larger portion of the first floor on the east side of the building.
-The rooms are divided by an iron railing, which separates the visitors,
-on either side, from the machinery, etc., but allows everything to be
-seen.
-
-[Illustration: MILLING MACHINE.]
-
-The planchets, after being adjusted, are received here, and, in order to
-protect the surface of the coin, are passed through the milling-machine.
-The planchets are fed to this machine through an upright tube, and, as
-they descend from the lower aperture, they are caught upon the edge of
-a revolving wheel and carried about a quarter of a revolution, during
-which the edge is compressed and forced up—the space between the wheel
-and the rim being a little less than the diameter of the planchet.
-This apparatus moves so nimbly that five hundred and sixty half-dimes
-can be milled in a minute; but, for large pieces, the average is about
-one hundred and twenty. In this room are the milling machines, and the
-massive, but delicate, coining presses, ten in number. Each of these is
-capable of coining from eighty to one hundred pieces a minute. Only the
-largest are used in making coins of large denominations.
-
-[Illustration: PERFECTED COINING PRESS.]
-
-[Illustration: COINING PRESS.]
-
-The arch is a solid piece of cast iron, weighing several tons, and unites
-with its beauty great strength. The table is also of iron, brightly
-polished and very heavy. In the interior of the arch is a nearly round
-plate of brass, called a triangle. It is fastened to a lever above by
-two steel bands, termed stirrups, one of which can be seen to the right
-of the arch. The stout arm above it, looking so dark in the picture, is
-also connected with the triangle by a ball-and-socket joint, and it is
-this arm which forces down the triangle. The arm is connected with the
-end of the lever above by a joint somewhat like that of the knee. One end
-of the lever can be seen reaching behind the arch to a crank near the
-large fly-wheel. When the triangle is _raised_, the arm and near end of
-the lever extends outward. When the crank lifts the further end of the
-lever it draws in the knee and forces down the arm until it is perfectly
-straight. By that time the crank has revolved and is lowering the lever,
-which forces out the knee again and raises the arm. As the triangle is
-fastened to the arm it has to follow all its movements.
-
-Under the triangle, buried in the lower part of the arch, is a steel
-cup, or, technically, a “die stake.” Into this is fastened the reverse
-die. The die stake is arranged to rise one-eighth of an inch; when down
-it rests firmly on the solid foundation of the arch. Over the die stake
-is a steel collar or plate, in which is a hole large enough to allow a
-planchet to drop upon the die. In the triangle above, the obverse die is
-fastened, which moves with the triangle; when the knee is straightened
-the die fits into the collar and presses down upon the reverse die.
-
-Just in front of the triangle will be seen an upright tube made of brass,
-and of the size to hold the planchets to be coined. These are placed in
-this tube. As they reach the bottom they are seized singly by a pair of
-steel feeders, in motion as similar to that of the finger and thumb as is
-possible in machinery, and carried over the collar and deposited between
-the dies, and, while the fingers are expanding and returning for another
-planchet, the dies close on the one within the collar, and by a rotary
-motion are made to impress it silently but powerfully. The fingers, as
-they again close upon a planchet at the mouth of the tube, also seize
-the coin, and, while conveying a second planchet on to the die, carry
-the coin off, dropping it into a box provided for that purpose, and the
-operation is continued _ad infinitum_. These presses are attended by
-ladies, and do their work in a perfect manner. The engine that drives the
-machinery is of one hundred and sixty horse-power.
-
-After being stamped the coins are taken to the Coiner’s room, and placed
-on a long table—the double eagles in piles of ten each. It will be
-remembered that, in the Adjusting Room, a difference of one-half a grain
-was made in the weight of some of the double eagles. The light and heavy
-ones are kept separate in coining, and when delivered to the treasurer,
-they are mixed together in such proportions as to give him full weight
-in every delivery. By law the deviation from the standard weight, in
-delivering to him, must not exceed three pennyweights in one thousand
-double eagles. The gold coins—as small as quarter eagles being counted
-and weighed to verify the count—are put up in bags of $5,000 each. The
-three-dollar pieces are put up in bags of $3,000, and one-dollar pieces
-in $1,000 bags. The silver pieces, and sometimes small gold, are counted
-on a very ingenious contrivance called a “counting-board.”
-
-[Illustration: COUNTING BOARD.]
-
-By this process twenty-five dollars in five-cent pieces can be counted
-in less than a minute. The “boards” are a simple flat surface of wood,
-with copper partitions, the height and size of the coin to be counted,
-rising from the surface at regular intervals, and running parallel with
-each other from top to bottom. They somewhat resemble a common household
-“washing board,” with the grooves running parallel with the sides but
-much larger. The boards are worked by hand, over a box, and as the pieces
-are counted they slide into a drawer prepared to receive them. They are
-then put into bags and are ready for shipment.[8]
-
-
-
-
-THE CABINET.
-
-
-The room in the Mint used for the Cabinet is on the second floor. It was
-formerly a suite of three apartments connected by folding-doors, but the
-doors have been removed, and it is now a pleasant saloon fifty-four feet
-long by sixteen wide. The eastern and western sections are of the same
-proportions, each with a broad window. The central section is lighted
-from the dome, which is supported by four columns. There is an open space
-immediately under the dome, to give light to the hall below, which is the
-main entrance to the Mint. Around this space is a railing and a circular
-case for coins. The Cabinet of Coins was established in 1838, by Dr. R.
-M. Patterson, then Director of the Mint. Anticipating such a demand,
-reserves had been made for many years by Adam Eckfeldt,[9] the Coiner,
-of the “master coins” of the Mint; a term used to signify first pieces
-from new dies, bearing a high polish and struck with extra care. These
-are now more commonly called “proof pieces.” With this nucleus, and a
-few other valuable pieces from Mr. Eckfeldt, the business was committed
-to the Assay Department, and especially to Mr. Du Bois, Assistant
-Assayer. The collection grew, year by year, by making exchanges to supply
-deficiencies, by purchases, by adding our own coin, and by saving foreign
-coins from the melting-pot—a large part in this way, at a cost of not
-more than their bullion value, though demanding great care, appreciation,
-and study. Valuable donations were also made by travelers, consuls, and
-missionaries. In 1839, Congress appropriated the sum of $1,000 for the
-purchase of “specimens of ores and coins to be preserved at the Mint.”
-Annually, since, the sum of $300 has been appropriated by the Government
-for this object. More has not been asked or desired, for the officers of
-the Mint have not sought to vie with the long established collections of
-the national cabinets of the old world, or even to equal the extravagance
-of some private numismatists; but they have admirably succeeded in their
-purpose to secure such coins as would interest all, from the schoolboy to
-the most enthusiastic archæologist. The economic principle upon which the
-collection has been gathered is a lesson to all governmental departments
-in frugality, as well as a restraint upon the natural tendency to
-extravagance which has heretofore distinguished those who have a passion
-for old coins. There are thousands of coin collectors in the United
-States, and fortunes have been accumulated in this strange way. More than
-one authenticated instance has been known in this country where a man
-has lived in penury, and died from want, yet possessed of affluence in
-time-defaced coins.
-
-
-RELICS.
-
-Having referred to the portraits of the Directors of the Mint, we will
-cite other interesting subjects of observation, before describing the
-coins.
-
-The first object in the Cabinet attracting attention is a framed copy of
-the law of Congress establishing the Mint, with its quaint phraseology
-with the signature of Thomas Jefferson. (See fac simile on page 11.)
-
-In the first section, near the western window, is the assorting machine,
-the invention of a Frenchman, Baron Seguier, and which is now in use in
-the Mint at Paris.
-
-The planchets for coinage are liable to be a little too heavy or too
-light; it is therefore necessary, at least in the case of gold, to assort
-them by weighing. This machine is designed to enable one person to do
-the work of many. “The planchets are thrown into the hopper at the rear,
-and, being arranged by the action of the wheel, slide down balances. By
-machinery beneath they are carried one by one to the nearest platforms to
-be weighed. If too heavy, the tall needle of the beam leans to the right
-and lifts a pallet-wire, which connects with an apparatus under the table
-by which the planchet is pushed off and slides into one of the brass pans
-in front. If the piece be light, the needle is drawn over to the left,
-and touches the other pallet, which makes a passage to another brass
-pan. If the piece be of true weight, or near enough, the needle stands
-perpendicular between the pallets, and the piece finds its way into the
-third brass pan.”
-
-On the opposite wall is a fine cast of Cromwell, a duplicate of one
-taken shortly after his death. It was placed here by Mr. W. E. Du Bois,
-who received it from H. W. Field, Esq., late Assayer of the Royal Mint,
-London, who is a descendant of the great Protector. Below the cast of
-Cromwell is a case showing progressive “alloys of gold.” The plates
-comprise gold alloyed with copper, gold alloyed with silver, and gold
-fine.
-
-In the eastern section are the Standard Test Scales, used to test the
-weights sent to all the mints and assay offices in the United States, and
-are so delicate as to weigh the _twenty-thousandth_ part of an ounce.
-These scales were manufactured by employees of the Mint, and have been
-in use more than a quarter of a century. The beam is hollow, and filled
-with Spanish cedar to guard against the effect of dampness; the bearings
-are edges of knife-blades, which impinge on a surface of agate plate.
-These scales are tested by the Annual Assay Committee, which meets on the
-second Tuesday in February of every year.
-
-
-CURIOSITIES AND MINERALS.
-
-The most interesting objects of this curious display are three golden
-images from graves in the Island of Chiriqui, off Central America. They
-were dug up in 1858, and sent to the Mint as bullion, to be melted. They
-are of pure gold, but the workmanship is very crude. The images are in
-the forms of a reptile, a bird, and a man with symbols of power in his
-hands, not unlike those designating Jupiter. There are also, in the first
-section, two large cases with choice selections of mineral specimens,
-carefully classified and labeled. These are from well selected results of
-years of patient collecting, and are deserving of more study than can be
-devoted to them by casual visitors. They are chiefly from different parts
-of the United States, and are an “index book” to the vast mineral wealth
-of the nation.
-
-Near the exit door of the Cabinet, in a large glass case, is a
-magnificent American eagle, which is worthy of the visitor’s attention.
-It is superbly mounted, with grand breadth of wing and wondrous piercing
-eyes. The portrait of this “pet” can be recognized on Reverse of the
-“Pattern” Silver Dollars of 1836, 1838, and 1839, and on the Obverse of
-the first nickel cent pieces coined in 1856.
-
-
-“PETER,”
-
-the name which the noble bird recognized, was an inhabitant of the Mint
-six years. He would fly about the city, but no one interfered with the
-going or coming of the “Mint bird,” and he never failed to return from
-his daily exercise before the time for closing the building. In an evil
-hour he unfortunately perched upon a large fly wheel, and getting caught
-in the machinery, received a fatal injury to his wing, and this ended
-rather an unusual career for an eagle.
-
-
-EASTERN CORRIDOR.
-
-Opening into the eastern corridor are the rooms of the Superintendent,
-the Chief Clerk, and the library of Historical and Scientific Works,
-including many valuable books upon the art of coinage. Passing out
-upon the gallery, we enter the Machinists’ and Engravers’ rooms.
-Here are engraved and finished the dies used in this Mint and in all
-the branch mints. Visitors are not ordinarily allowed access to these
-rooms, or to the assay office, or to the cellar. (In the latter are a
-number of immense vaults, and in the main cellar are engines, which
-supply the power and light used throughout the building.) Here are also
-blacksmith, carpenter, and paint shops; and in the rear, west side, is
-the medal-striking room, where medals are struck by a screw press, worked
-by hand. The cellar also contains the “sweep” grinding rooms. Near this
-room are the wells, which are receptacles for the water used in washing
-the precious metals. These wells are cleaned out every few years and the
-deposit is then treated in the same way as the sweepings.
-
-The little wooden building in the court was formerly the cent-room, where
-copper cents were exchanged for nickels;[10] it is now the office of the
-agent of the Adams Express Company, who brings to the Philadelphia Mint
-millions of dollars worth of precious metals in the shape of bullion
-from the far west, to be converted into American Coin, when it is
-again transported by the same company to various points to be put into
-circulation.
-
-
-COINS.
-
-The ancient coins are chiefly arranged in upright cases against the
-walls in the doorways and the middle section of the saloon. The modern
-coins are placed in nearly level cases at either end of the room and
-in the circular or central cases. Of antique coins the portion labeled
-Cabinet Nos. 97, 98, 99, “Massilia,” are interesting as belonging to a
-Greek colony which settled about six hundred years before Christ upon the
-coast of Gaul, on the spot now known as Marseilles. This little colony
-fled their native country and the rule of a governor placed over it by a
-Persian monarch. They were distinguished for their civilization, and the
-work upon these small coins is the most palpable witness of that fact in
-existence to-day.
-
-
-GREEK COINS.
-
-Their surfaces, of gold, silver, and bronze, bristle with lance and
-spear, helmet and shield. On one of these coins Jove is seated and
-bearing an eagle, defying Alexander of Macedon, while on the obverse the
-same mighty conqueror impersonates Hercules. The oldest coin here is
-supposed to date back to 550 B.C. It is well to mention the fact that
-coins were never dated until the fifteenth century; and previous to
-that time the ages of coins can only be determined by the legends upon
-them, as answering to the page of corroborative history and the art era
-to which they belonged. No. 9 bears on the obverse the Macedonian horse,
-a favorite animal, which the then war-loving Greeks are said to have
-deified. At this period the haughty royal families began to chronicle in
-coin their line of descent. The kings of Macedon claimed Hercules for
-an ancestor, and in proof thereof the lion’s skin was a royal insignia.
-An old historian says, “The kings of Macedon, instead of the crown, the
-diadem, the purple, bear upon their effigy the skin of a lion.” Several
-pieces of money in this case, upon which are heads of Alexander, have
-rings in them, and were worn by gracious dames as ornaments. The value
-of this series of coins is priceless, as furnishing portraits of the
-heroes of that period which can be received without question as accurate,
-for the art patronage of the kingdom was regulated by the strictest
-laws. Alexander was especially jealous of how the future nations should
-regard his physique, allowing only three artists, during his reign,
-the privilege of drawing, painting, or modeling his head.[11] To such
-royal guardianship may be attributed the perfection to which Greek art
-attained; and it may well be a matter of regret that the same firmness in
-this regard was not universal. The last coin of this series is a small
-bronze coin, and was issued by Perseus, the last king of Macedon.
-
-
-PERSIAN.
-
-In this case is a collection of Persian coins, very choice, and of no
-mean workmanship, and, of course, portraying the faith and rites of the
-fire-worshippers. One era is distinctly Greek in style, and marks the
-period of Greek supremacy. The oldest gold coin known to the collector is
-the gold Daric of King Darius, with the head of the king in bold relief;
-and all Persian coins are so called in remembrance of this monarch. Their
-money was very fine, so the word _Daric_ has become incorporated into
-numismatic terminology to designate any pure gold coin. Nos. 58 to 67,
-inclusive, of this series, are silver coins of the Sassanian kings.
-
-
-EGYPT
-
-is also represented in this case, as is proper, for that nation had no
-coinage until it was taught the art when conquered by Alexander. Here
-are some very attractive data of Egyptian history, and from these coins
-are obtained the only portraits of Arsinoe, Cleopatra, and others.
-
-
-THE SYRIAN COINS
-
-are embraced in the division called “Greek monarchies,” and in them are
-found many coins not only important in history, but of the very finest
-Greek art, from the third to the first century B.C. In this period the
-Syriac and Hebrew coins become intermingled, a fact abundantly sustained
-by the Jewish shekel of Simon Maccabees. The legend of this interesting
-relic is in the language of Samaria; on one side the budding rod of
-Aaron, legend, “Jerusalem the Holy;” on the other, a cup of incense or
-pot of manna, and the inscription, “Shekel of Israel.” This shekel is
-well preserved, and is one of the most prized coins known. (See Plate and
-Case XV., marked “_Selections_.”) In this collection are some coins from
-Bactria, considered priceless by savans. These are trophies of recent
-British explorations, and are judged to be of sufficient importance
-to call forth from an English professor an extended treatise on the
-“Antiquities and Coins of Afghanistan.” They are exceedingly rude in
-workmanship, and nearly all of baser metal, the most important being a
-small, square, brass coin, in the case marked “_Selections_.”
-
-
-ROMAN COINS.
-
-The collection of Roman coins in this Cabinet numbers nearly one
-thousand, and an acquaintance with it is invaluable for object teaching,
-as in it is the condensed history, not only of the glory of Rome,
-“Mistress of the World,” but of her customs, faith, conquests, wealth,
-culture, divisions, and _downfall_. Through this entire section of
-time—one-third of the known history of the world—Roman art, though high,
-never reached the exalted purity of Greek lines. In their finest coins
-we see no Phidias, no Myron, no Praxiteles, but they deteriorate and
-fluctuate visibly when in or out of contact with the influence of the
-Grecian mind.
-
-
-GREEK REPUBLIC
-
-will be first in interest, both historic and artistic. It is conceded
-that to the Greeks the world owes the introduction of the art of coinage,
-and though centuries numbered by tens have passed, some of the old Greek
-coins equal many modern productions in purity of lines, and surpass
-nearly all in poetic sentiment. On the first coins no earthly potentate
-was allowed to be pictured, no deed of heroism portrayed. The glory of
-the gods was considered the only appropriate theme for impressions on the
-surface of bronze, silver, and gold. The coins of the republic embrace a
-large variety, as nearly a thousand towns were allowed the privilege of
-coinage. Upon this varied issue are preserved nearly all the legends of
-Greek mythology. Upon the coins are the heads of Jupiter, Juno, Minerva,
-Bacchus, Apollo, and Diana, with many sacred animals, and the work is
-to-day the standard of artistic perfection. Of course, the collection of
-this ancient period cannot be extensive. In this case there are, however,
-more than one hundred and fifty specimens, and these present a study so
-attractive and so intense that it is almost impossible to imagine what
-classic poetry would be without it.
-
-Nos. 4, 5, and 6, are silver coins of Ægina, which have on the obverse,
-for a device, the tortoise, emblematic of the security of the island amid
-the waves, and the protection of the gods of the sea. On the reverse are
-the marks of the punches only, probably denoting the value of the coins.
-These are claimed to belong to an era seven hundred years before Christ.
-No. 28 is a silver coin of Athens, with a head of Minerva splendidly
-drawn upon the obverse, while the reverse presents a large owl, the bird
-sacred to the goddess of Wisdom. The devices upon this coin indicate its
-age to be from twenty-one to twenty-three centuries. The Greek proverb of
-“taking owls to Athens” referred to this coin, which was necessarily of
-great importance to the tradespeople of that city.
-
-
-FAMILY COINS.
-
-These comprise about one hundred and seventy-five, of which one hundred
-and twenty-six are in the collection. They were struck to record the
-heroic deeds which first introduced any notable ancestor to fame,
-and hence are to-day family charts of respectability for many of the
-patricians of Rome, albeit some of them have plebeian roots. Be that as
-it may, they are as much the trusted patents of aristocracy as is the
-“Book of the Peerage” of England. Here are found the same distinctions
-between patrician and plebeian which mark all countries, the patricians
-being always designated by a symbol of warfare, while the plebeians
-were indicated by the tools and instruments of common trade. The more
-noticeable of the coins are as follows: No. 16, Acilia; the reverse a
-female leaning against a pillar, with a serpent clutched in her right
-hand, indicating the wisdom or courage of some ancestor. No. 20, Æmilia;
-on the obverse of this curious coin is a figure kneeling by the side
-of a camel, presenting an olive branch, from which depends a fillet or
-ancient diadem; on the reverse, a figure guiding a triumphal chariot, a
-scorpion in the field. Josephus tells us of an invasion of Arabia, and
-that Aretus, the king of the country, purchased peace of the Romans for
-five hundred talents. The diadem hanging from the olive branch chronicles
-the entire humiliation of Aretus, and the scorpion doubtless indicates
-the month of the Roman triumph. No. 30, Aquillia, a small silver coin;
-the reverse shows a woman kneeling before a soldier. The motto below
-the figures (or in the _exergue_ of the coin, as is the art term) is
-“_Sicil_.” This commemorates the suppression of a revolt of slaves in
-Sicily, which was achieved by Manlius Aquillia. No. 41, Calpurnia, the
-family of Cæsar’s noble wife; reverse, a horseman riding at full speed, a
-head of wheat above him; legend, L. Piso-Trugi. The coin recalls the fact
-that in the year 507 B.C. there was a famine in Rome, and Calpurnius Piso
-was dispatched to Africa to buy corn. This seemingly small service is
-magnified upon a large number of coins. Nos. 95 and 96, Hostilia, a coin
-with a sacrifice to _Pallor_ and _Pavor_ (fear and trembling), offered
-by Tullus Hostilius in some great emergency. No. 97, Julia; obverse, a
-helmeted head; legend, Cæsar; reverse, a warrior in a chariot drawn by
-two horses.
-
-No. 98, Junia; obverse, head of Liberty; reverse, Junius Brutus guarded
-by lictors, and preceded by a herald, showing that an ancestor of
-Junius Brutus was the first consul of Rome. Nos. 181, 182, Tituria.
-The reverse shows two soldiers throwing their shields upon a prostrate
-female, illustrating the famous story of the “Tarpeian Rock.” Reverse
-represents the Romans carrying off Sabine women—a witness in coin of the
-fact that the family of Tituria trace their ancestry from the Sabines.
-To do justice to this case is impossible, for here are coins relating to
-the ancestors of Antonia, Aurelia, Cornelia, Fulvia, Horatio, Lucretia,
-Lucilla, Sempronia, Titia Valeria, and many others familiar to the
-readers of history.
-
-This era of coins terminated about the time of the birth of Christ, when
-the
-
-
-IMPERIAL COINS
-
-were introduced. In noticing these, little save the labels on the case
-can be given.
-
-
-_Division II._
-
-Julius Cæsar to Trajan, inclusive. Beginning 49 B.C., and ending 117 A.D.
-A simple catalogue of the illustrious names on these coins would convey
-an idea of their importance. All the victories of Cæsar are marked by
-coinage; but out of the two hundred belonging to this case reference need
-only be made to No. 24, a beautiful gold coin, with the undraped head
-of Augustus, exquisitely severe, the interest attaching chiefly to the
-legend, “The Son of God,” referring to the deification of Cæsar.
-
-
-_Division III._
-
-embraces from Hadrian to Elagabalus, 117-222. In the reign of Hadrian
-much coin was issued, though it did not bear marks of the disasters and
-revolts that signalized the foregoing. That he was a merciful ruler is
-indicated by the coins, especially one—Hispania; the reverse showing the
-emperor raising Spain—a female figure—from the ground. His travels are
-also illustrated in coin.
-
-
-_Division IV._
-
-From Severus Alexander to Claudius Gothicus, 222-270. These coins
-indicate the vicious effect of the rulers immediately preceding.
-
-
-_Division V._
-
-From Aurelian to the end of the Western Empire; includes 270-475. A
-brilliant succession; Aurelian’s busy reign, ending in assassination; the
-war-like Probus, the slave-emperor; Diocletian’s despotism and vindictive
-persecution of Christians; the usurpation of Carausius; the happy reign
-of Constantine the Great, Julian, Theodosius, down to Julius Nepos. These
-are a few of the historic names and events presented in this division.
-
-
-_Division VI._
-
-covers the period of the Byzantine or Eastern Empire, and a lapse of
-eight centuries; but the coinage is not comparable with that of other
-eras, nor were events of so stirring and heroic a character. A general
-decay, painful to contemplate, marked this long lapse of time, which
-began near the acceptance of Christianity, and extended through the dark
-ages.
-
-
-“THE TEMPLE SWEEPERS.”
-
-A small case attracts no little attention, because it contains a single
-coin; and the interest does not decrease when the inscription is read:
-“Struck in the Philadelphia Mint, at least two thousand years ago.” The
-late Assayer of the Philadelphia Mint, Mr. W. E. Du Bois, under title of
-“The Temple Sweepers,” wrote, not long since, a valuable sketch of this
-coin, made in the City of Attalus Philadelphus, Asia Minor, and for which
-William Penn called his city, because the ancient one was a monument of
-“brotherly love.” Diana was the patroness of Philadelphia.
-
-“On one side, then, we have a head; not a king’s nor an emperor’s; as
-yet the free city had a pride and a privilege above that. It is a female
-head, an ideal, representing the city itself; or rather the dwellers
-in it, the _Demos_. Here in this head and title, we have the radix of
-Democracy.
-
-“This is all we can gather from the obverse. On the other side we have a
-larger variety: a running female figure; a dog also on the trot; a legend
-of some length and of more significance.
-
-“The half-clad figure is that of the goddess known to the Greeks as
-Artemis, to the Latins as Diana; and otherwise called Selene, Phœbe,
-Delia, or Cynthia.
-
-“She was the favorite divinity of the cities of Asia Minor. Once the
-patroness of chastity and purity. Goddess of the chase.”
-
-The legend on the obverse of this coin explains its name: “Friends of
-Philadelphia’s [her] Temple Sweepers.”
-
-
-ORIENTAL.
-
-Oriental coins are not as attractive as other varieties, though there
-are special coins among them which have no rival in historic importance.
-Antique coins from the East were usually without device, and, their
-legends being rudely inscribed in a dead language, proved frequently to
-be sealed fountains to the thirsting antiquarian. Therefore in cases
-marked “Oriental” the visitor is undetermined where to begin to study,
-and often decides to give it but little time.
-
-Those having for device the sacred peacock are from Burmah; there
-is, however, in the division marked “Selections” a very curious coin
-belonging to that country, which certainly formed a part of its earliest
-currency. It is a common gravel-stone, encased in a circling band of
-brass.
-
-
-COINS OF SIAM.
-
-The coins of Siam are much sought for. Some of them, known to European
-travelers as “bullet money,” are lumps of gold or silver, hammered by
-rude implements into a doubtful roundness, and a few Siamese characters
-stamped irregularly upon them. The sacred elephant is found on a large
-proportion of their money. A Siamese coin in the Cabinet, of modern date,
-is quite handsome in both workmanship and design. On the obverse is the
-sacred elephant in ponderous proportion, which delights the eyes of the
-devout, and the reverse presents a group of three pagodas, finely drawn.
-In the case marked “Selections” is a Siamese coin of gold, comparatively
-modern, called “Tecal,” corresponding in some respects to the “Shekel,”
-or “Oxen,” of biblical fame.
-
-
-CHINESE COINS.
-
-On the south side of the first section is a case of seven hundred
-coins of the Celestial Empire. With but few exceptions these coins are
-bronzed. Dynasty succeeds dynasty; usurpation, insurrection, are all writ
-in bronze. The Chinese assert an uninterrupted coinage for forty-one
-centuries. The manuscript attesting this is in the case, and was prepared
-under authority. Large numbers of their coins were considered charms,
-sufficient to protect the owner against fever, or even the more dreaded
-horrors of spiritual menace. In this connection it may be said that the
-Chinese had an exalted reverence for the coin-charm, and a small coin
-was often placed in the mouth of the dead (now, if a Chinaman dies in
-California, a small silver United States coin is placed on his tongue).
-These coins were covered with cabalistic characters, symbolic animals,
-birds, etc. Two worthy of notice in this regard, and said to be of the
-oldest issue, are Nos. 1 and 2. The first might be mistaken for an iron
-safe-key; the second is known as the “razor coin,” its form and almost
-its size being that of a razor.
-
-In another case, appropriately labeled, is the Chinese porcelain money.
-They are the only people who have made porcelain a “legal tender,” though
-it would appear that almost every part of the three kingdoms of nature
-has been laid under contribution. The specimen here may be mistaken for
-the popular Chinese sleeve-button, bought in any bazaar for a few cents.
-The Chinese, as did also the Africans, utilized the small sea-shells for
-trade. In the same case are some of the variety legalized. Ten small
-shells made one “cash.” This is a small, round, copper-bronzed coin,
-with a square hole in the centre. The Chinese dames of high degree wore
-such strung around their throats. One thousand of them are equal to our
-dollar. The Japanese, however, _outcount_ their neighbors, as they have a
-bronze coin called the “One-hundredth,” of which just seven thousand make
-one Spanish dollar.
-
-Shell money of pure gold, “or gold beaten into small solid shells, was
-made by those natives who supplied the Portuguese slave-traders with
-slaves,” and was called by the traders “Spondylus Macutus,” from which,
-some contend, came the _slang_ term “spondulics.” Forty of those small
-coins, each worth about a dollar of Spanish money, was a high price for a
-slave.
-
-There is also in the Cabinet a valuable collection of African ring money.
-These ornaments are very massive and pure, comprised of elaborately
-carved “signet-rings, armlets, anklets,” etc. One article, more novel
-and valuable than the others, is a pipe of fine gold, bowl and handle of
-curious bas-relief figures, and a heavy, square-linked chain attaching a
-large medallion, on which is the head of a monarch poorly drawn.
-
-The Chinese government, like all despotisms, is very jealous of its
-coining prerogatives; yet it does not fail to appreciate an advantage
-when offered, as is evident to us by the following:
-
- Proclamation for general information:
-
- “WHEREAS, The foreign silver (coin) in daily use among
- the people of the Kwang Tung Provinces has long been in
- circulation, and is moreover admitted to be advantageous and
- convenient. In the 5th and 11th years of Tung Chih (1866 and
- 1872) the Hong Kong Mint coined a new Dollar which, upon
- comparison with pure silver, bore a proportion of fully ninety
- per cent., and as the Records will prove. Proclamations were
- issued notifying the people that it might come into general
- circulation. There has lately come to Hong Kong a newly coined
- American Eagle Dollar, called the “Trade Dollar,” and Sir
- Brooke Robinson, the British Consul, having requested that
- officers might be appointed to assay it, the Viceroy and
- Haikwan thereupon appointed officers to melt it down and assay
- it, in concert with (an officer from the British Consulate),
- when, taking the Haikwan Tael of pure silver as the standard,
- an outturn was obtained of fully 89.61—or Taels 111.6 of this
- new Eagle Dollar are equal to 100 Haikwan Taels of pure silver.
- Minutes of the assay were drawn up in proof thereof.
-
- “For the convenience of Traders and people, therefore, this
- coin should be allowed to be tendered in payment of duties at
- the rate of touch obtained at the assay, and to come into daily
- circulation. It becomes the duty then of the Viceroy and his
- colleagues to issue a Proclamation on the subject for general
- information.
-
- “This Proclamation, therefore, is for the information of you
- merchants, traders, soldiers, and people of every district.
- You must know that the ‘Eagle Trade Dollar’ that has lately
- come to Hong Kong has been jointly assayed by officers
- specially appointed for the purpose, and it can be taken in
- payment of duties, and come into general circulation. _You must
- not look upon it with suspicion._ At the same time rogues,
- sharpers, and the like, are hereby strictly forbidden to
- fabricate spurious imitations of this new Eagle Dollar, with a
- view to their own profit.
-
- “And should they dare to set this prohibition at defiance,
- and fabricate false coin, they shall, upon discovery, most
- assuredly be arrested and punished. Let every one obey with
- trembling! Let there be no disobedience!
-
- “A Special Proclamation. Tung Chih 12th year, 9th moon—day
- (October, 1873.)
-
- “Translated by
-
- “(Signed) WALTER C. HILLIER.”
-
-
-JAPAN.
-
-Perhaps the peculiar adaptability of the Japanese character cannot be
-better illustrated than by their late monetary revolution, especially as
-their coinage is hedged around with laws, with penal attachments of no
-doubtful character. In the small morocco case marked “Japan” are a few
-specimens of their original coin. Of this series the large gold plate,
-four inches by three and a half, is known as the “Gold Oban,” their
-most valuable coin, worth about seventy-five dollars. This coin is of
-perfectly smooth surface, with an elaborate black inscription of Japanese
-text, burnt in by a chemical process. To take the “Gold Oban” out of the
-kingdom is _punishable with death_; to remove it by mistake, subjects the
-offender to imprisonment for life. The other coins in this case are, in
-their composition and shape, as distinctive as the Japanese are peculiar
-as a people. The progressive character of the Japanese is exemplified by
-their recent acceptance of the United States system of coinage.
-
-The mind of the Japanese proletaire has been much troubled in recent
-years with regard to the coinage of his country; not that he ever has
-much of the currency in question, but the Japanese proletaire has no
-pockets, and he finds it awkward to carry in his hands such coins as he
-contrives to possess. In ancient times his rulers were more considerate.
-They punched square holes in the centre of the coins, through which he
-passed a string, and was thus able to carry about his available capital
-tied around his neck or to his waistband, which in those days was his
-sole garment. The coins were not large in amount; it took a thousand of
-them to make a few shillings, while a cart was required to convey five
-dollars worth. But with civilization came an improved coinage, larger
-in value, and with no holes, and the pocketless proletaire naturally
-grumbled that civilization treated him hardly in this respect. Paper
-currency for small amounts partially satisfied him for a time; but at
-last his cries have been heard, and the Japanese Government has promised
-to issue a new coin specially for his behoof. Its value is rather less
-than one cent, and is to possess the indispensable hole, by which he can
-string it as a child strings beads, and he is probably content.
-
-
-TURKEY.
-
-Turkish coins often bear texts from the Koran on either side, so it may
-be said the tenets of their religion are their circulating medium. The
-piastres in this collection are generally those now in circulation.
-
-
-EGYPT.
-
-Egypt’s antique coins were of Greek or Roman workmanship, of which the
-very finest is in the case marked “Selections,” and has not its superior
-for interest or beauty in the world. It was the work of some Greek
-artist, and presents the head of Arsinoe, wife of Ptolemy. It was found
-in 1868, and bought by the United States Government at a high price; but
-as only three had been found, its market value may be named by thousands,
-though its metal value is not more than twenty dollars.
-
-This notice of Oriental coins may conclude with suggestive reference to
-the “Cufic coins,” of which there are some valuable specimens. The first
-is the silver dirhem of Walid, the eccentric caliph of Damascus, A.D.
-713. There is also in case XV. a coin of the reign of Haroun Alraschid.
-
-
-FRENCH COINAGE.
-
-The French have the credit of making the greatest improvements in modern
-coinage. The French coins are a history of that nation, from the small
-coin issued in the reign of Louis “the Meek” to the last currency of the
-republic of France, spanning a period of one thousand years.
-
-In design and execution the French coins bear the impress of the national
-character, and also give assurance of the art patronage in which her
-rulers, failing in much, have never wavered, but brought all their power
-and cunning to bear on securing the best artists, as in the instance
-of Francis I. beguiling from the holy father that exquisite artist
-Benvenuto Cellini, or the later _enterprise_ of Napoleon Bonaparte. No.
-83,—a medalet of the unhappy Mario Antoinette,—which is in itself very
-beautiful, and from its tragic association attracts general interest.
-
-
-GERMANY.
-
-The collection of Germany is very large and divided and sub-divided by
-its kingdoms and principalities.
-
-One of the most interesting coins of any age, and excelling in beauty as
-well, is the gold medallic ducat on which are the heads of Martin Luther
-and Philip Melanchthon. This coin is very generally admired by visitors
-to the Cabinet.
-
-
-COINS OF SWITZERLAND.
-
-Switzerland is modestly represented in all her cantons, each, like the
-classic Greek town, enjoying the coining privilege. There are several
-pieces of commemorative and artistic worth, especially the two issues of
-the republic of 1796.
-
-
-RUSSIAN COINS.
-
-The double rouble, with a magnificent draped head of Peter the Great, is
-unexcelled for strength of outline, and valuable as a correct portrait of
-one of the very greatest and most self-reliant of modern rulers. Turning
-to another rouble, the features of Elizabeth II. are recognized. It may
-be assumed, with all due deference to royalty, that this portrayal is the
-most laughter-provoking figure ever stamped on metal. She is so fat as to
-have the effect of “spreading herself” all over the coin. Another rouble
-presents the majestic Catherine II.
-
-Of the coins marked Denmark, Norway, Sweden, there can be only the
-copper half-daler of Sweden mentioned. This coin is four inches square,
-weighs about twelve ounces, and is equivalent to a United States silver
-half-dollar. The daler of Sweden, thaler of Germany, dollar of Spain and
-America, are all synonymous terms.
-
-
-ENGLAND.
-
-The first coins of Great Britain were of tin, according to Cæsar’s
-authority, who mentions the “tin money of Britain,” which has lately been
-sustained by the discovery, in some work of excavation, of coins of that
-metal in antique design. These coins are, however, of little use, by
-reason of the obscure inscription, or rather the frequent absence of all
-device.
-
-The English collection in the Cabinet begins with a coin made after the
-stater of Greece, presenting the head of Minerva, with Greek helmet
-on obverse, while the reverse gives the figure of a woman most crudely
-drawn. It is supposed this rude attempt at art was coined about the time
-of the Roman invasion. Note the contrast presented in placing this relic
-by the side of the Victorian sovereign, where, on the obverse, is the
-queen’s head superbly cut; on the reverse, Wyon’s inimitable figure of
-Una and the Lion. These two coins are the Alpha and the Omega of British
-coinage, while the thousands issued between them are progressive links to
-civilization.
-
-Two small coins are placed here, thought to be contemporary with the
-Christian era, having no device, but an attempt to portray the sun on
-one side. No. 2 is the skeattae of Ethelbert I, king of Saxony, and is
-the first Saxon coin which has yet been appropriated. It bears upon the
-obverse the head of the king; on the reverse is the figure of a bird.
-
-Next in interest is No. 6, the penny of William the Conqueror. The
-bust of that famous monarch is attempted; 1068 is about the year it
-is supposed to have been made. During the three centuries following,
-the condition of England, whether she was at peace or war, is plainly
-indicated by her coinage. Every added province is memorialized in coin.
-The rose, thistle, and fleur-de-lis, all tell in strange language for
-flowers of bloody battles, long sieges, perils by the sea and land; at
-last all resistance bowing before the ever-increasing power of Great
-Britain.
-
-The first coin of English issue was dated in 1553, being either the close
-of Edward VI.’s or the beginning of Queen Mary’s reign. This is claimed
-by many to be the first coin dated, though old medals of the preceding
-century have been found with date.
-
-In 1558, the ryal or royal of Queen Elizabeth was issued. On the obverse
-the queen is grandly enthroned, while the reverse is a large rose, in the
-centre of which are the Danish arms of Britain, and the arms of Anjou
-quartered. This coin and the pound sterling of Charles I. are in Case
-XV., “Selections.”
-
-This pound sterling is one of the famous “siege pieces” of that unhappy
-king,—which were often made on the field with hammer and anvil out of
-the family plate brought to the closely-pressed Stuart by his faithful
-followers. It is to be regretted that so much valuable family plate of no
-mean workmanship was thus sacrificed. This “siege piece” is the largest
-silver coin known. The legend upon it, rudely inscribed, is, “Let God
-arise; let his enemies be scattered;” above are three fleurs-de-lis, with
-date, “1642.”
-
-In 1684-88, during the short reign of James II., several varieties of
-new coins were introduced, notably, “Maundy Money,” a small coin made to
-be distributed by the king on “Maundy Thursday.” Beggars, on that day,
-received from his majesty bags containing as many maundy pieces as the
-king had lived years.
-
-King James II. also had issued “gun money.” This variety was made out
-of old cannon, after the suppression of an Irish rebellion. Though not
-even giving a glance towards the interesting series of Queen Anne, it
-is impossible to pass unnoticed the beautiful bust of George IV., by
-Chantrey, upon a pattern five-sovereign piece. This well-executed bust of
-“the handsomest man in Europe,” was said to be the means of Sir Francis
-Chantrey being knighted. That vain monarch was as careful about how his
-face would appear to future generations as was Alexander of Macedon; and
-Chantrey well knew if he placed upon the shoulders of sixty years the
-head of forty years, he had given the cabalistic words which would be the
-“open sesame” to royal favor.
-
-The gold sovereign of Victoria, Nos. 183-184, has, on the reverse, an
-evidence of coins as a deposit of law archives. The shield surrounded by
-a crown, and bearing the arms of Great Britain quartered; but the arms of
-Hanover _are omitted_. Although Victoria was next heir to William IV.,
-she was prevented by the Salic law from assuming the sceptre of Hanover.
-On this coin, it may be remembered, are very beautifully presented the
-rose, the thistle, and the shamrock.
-
-A recent addition has been made to the Mint Cabinet of a very fine
-sovereign of the times of Oliver Cromwell, purchased at the coin sale of
-May 14 and 15, 1885.
-
-Scotch moneys of any variety, are very much prized by collectors (see, in
-Case XV., “Selections,” “Groat of Robert Bruce, 1602.”) A very rare coin
-is the penny of Robert II. of Scotland, said to be the only specimen in
-existence of that monarch’s reign. In the seventeenth century the coinage
-of Scotland merged into that of England.
-
-
-ENGLISH SILVER TOKENS,
-
-issued in England, Scotland, and Ireland. During the long suspension of
-specie payments, occasioned by the wars with Napoleon, the minor currency
-of England was supplied, not with small paper notes, but with silver
-tokens, issued by banks and traders, and made redeemable in bank notes.
-They were of reduced weight, to keep within the premium, and to prevent
-hoarding. They continued to circulate until the return of better times
-and of regular silver coinage. There were many varieties, most of which
-are here.
-
-
-PORTUGAL AND SPAIN.
-
-The coinage of Portugal and Spain in the fifteenth century, held greater
-sway than that of other countries. Of their coins, there are many fine
-specimens in the Mint Cabinet. The “joe and half-joe[12]” of Portugal are
-known of all nations, while the Spanish dollar, with its pretentious two
-globes under a crown, did not claim too much, and only tells the almost
-limitless rule of the great Philip. The coins of these nations became,
-through their possessions in the New World, the circulating medium of
-that portion of the earth. Spanish and Mexican dollars were almost
-synonymous, while the real and joe of South America was patterned after
-that of Portugal, which fact can be learned in this Cabinet. As nations
-decay it will be seen their coins become inevitably less trustworthy;
-even a glance at the cases marked “Portugal,” “Spain,” will give this
-lesson. In the Mexican collection there are issues which seem to
-contradict this assertion, for the “Mexican dollar” has, for generations,
-had a position in the monetary world of almost unchallenged credit, yet
-not by reason of the recognition given Mexico, but because of the _United
-States using it so extensively_; for, until the introduction of the
-“trade dollar,” this country had _no currency_ that would meet the demand
-of the Oriental market.
-
-
-MEXICO.
-
-The Mexicans use only gold and silver, and their national series is full
-of tragic interest, embracing, as it does, three and a half centuries
-of Mexican history, from Cortez to Maximilian. The “pillar dollar,”
-“windmill dollar,” “cast dollar” (the Mexicans are the only nation that
-cast money), and the “cob money” (a series so called by reason of its
-clumsiness), are all to be seen in this collection.
-
-
-COINS OF BRAZIL.
-
-One coin, a gold “half-joe,” issued in 1832, with the infant head of Dom
-Pedro, is very beautiful. By the side of this, in every way a contrast
-to it, is a series of copper coins of a late issue with the head of the
-“child” now seated on the throne. The coins of Bolivia proudly present
-the bust of Simon Bolivar. Among the West Indies are many samples of “cut
-money.” The law permitting money to be quartered had to be repealed,
-because the traders of the West Indies made the wonderful mathematical
-discovery that _five quarters_ make a whole!
-
- * * * * *
-
-Leaving both the eastern and the western world and their coins, there is
-a single piece, of small commercial value, which is yet a light-house in
-mid-ocean. This is the one cent of the Sandwich Islands, the only venture
-of that kind made by the enterprising little kingdom. The inscription
-is “Kamehameha III., one hundredth, Hawaii.” The name of the king being
-interpreted signifies “the solitary one,” which is singularly well
-adapted to the coin.
-
-
-COLONIAL COINS.
-
-In 1684, the charter of the Massachusetts Bay Company was revoked, and
-the governor recalled; one of the alleged grievances by the crown was
-a colonial law concerning the Mint. The currency used by the colonies
-was chiefly from England, Spain, and Portugal, but the supply was
-limited from these sources, and the mother-country was jealous of any
-infringement of her prerogative of coinage. There are various specimens
-of the “pine-tree” money of Massachusetts in the Cabinet. Some doubt has
-arisen as to the species of tree intended, but it is generally accepted
-as the emblematic pine. This is claimed to be about the second colonial
-issue, a kind of semi-official coin. The first was from the Bermudas.[13]
-It is a shilling piece, stamped by one John Hall, silversmith, of the
-city of Boston, 1652, who made a very good speculation of the privilege.
-There has lately been added to the Cabinet a sixpence of this rare money.
-The work on this species of coins is so exceedingly simple as to present
-little save a planchet. On the obverse, a double ring around a pine-tree;
-legend, “Massachusetts in;” and on the reverse, a double ring also,
-containing the legend, “New England An Dom.[14]”
-
-Charles II., it appears, was easily deceived in regard to the
-significance of the “pine-tree shilling.” Sir Thomas Temple, a friend
-of the colonies, adroitly presented one of these obnoxious coins to the
-irate monarch, explaining that the tree was the “royal oak” which had
-saved his majesty’s life. Whereupon the king, laughing, denominated his
-trans-Atlantic subjects “honest dogs,” and allowed the coinage to proceed.
-
-During the reign of George I. a new species of coin was issued from the
-English Mint, denomination half penny, and it is asserted upon good
-authority that this was the only issue ever authorized by the home
-government for general circulation in the colonies. It was a coin of
-mixed metal, resembling brass. The head of the king was on the obverse;
-inscription, “Georgius Rex.” The reverse, a large double rose under a
-crown; legend, “Rosa Americana.” Upon a scroll, “Utile Dulci.[15]”
-
-“Peltry,” we learn, was one of the principal articles of currency, and
-was known as “pelt,” or Massachusetts currency, and was extensively used
-in trading between Indians and whites, sometimes called “Beaver Money,”
-“Corne, Wheate, Barley, and Rye;” and a still more quaint currency was
-established, as will be found in an old Massachusetts court order, as
-follows: “_It is likewise ordered that muskett balletts of a full boare
-shall passe current for a farthing a peece, provided that noe man be
-compelled to take above 12d. att a tyme of them._”
-
-In Maryland, not only cattle, tobacco, and other produce was accepted
-as currency, but powder and shot were also included. Lord Baltimore, in
-1660, sent over to Maryland the “Baltimore” shilling. In the colonial
-case there is a series of these exceedingly rare coins. They were a
-shilling, sixpence, groats, and are all of the same design, differing
-only in denomination. They were coined in London, and compare favorably
-with any minting of that age. The bust of Lord Baltimore on the obverse
-is very well cut; his name “Cecil,” is the legend. On the reverse, the
-coat of arms of Cecil, Lord Baltimore, is given; this device has been
-re-adopted by the State of Maryland. The substitution of any legal tender
-seems to be fraught with danger, and at best is jealously scanned by
-the people; and there was trouble to put this coin into circulation.
-The people, though demanding coin, did not yield their old currency of
-“_wheat, corn, tobacco, powder, and shot_,” without a demonstration.
-The Carolinas, Virginia, and New Hampshire all followed Maryland in the
-introduction of a colonial coinage.
-
-In the interval of the Revolution, known as the Confederacy, the growth
-of the spirit of independence in the people is plainly written on their
-coins, especially upon their tokens or individual coins. We notice
-one inscription attributed to Franklin, “_Mind your business_;” and
-others, such as “_Good copper_,” “_Cut your way through_,” and like
-characteristic expressions. The “New York Doubloon” was coined in 1787,
-value sixteen dollars. This coin is highly esteemed by reason of its
-rarity, and its market value to-day is about five hundred dollars, as
-only three or four are known to be in existence.
-
-The Washington cent of 1791 (so-called) was not a coin of the United
-States, but was struck at a private mint in Birmingham, England,
-(Boulton’s), partly, no doubt, to bespeak the “job,” and partly to
-_please Americans_ generally.
-
-It has been said that Washington objected to putting his head on the
-coins, and it may be true; but it was also objected that no man’s head
-should appear on the coin of a republic, which, whether good doctrine or
-not, is still the prevailing idea. The “cent of 1791” is of two types,
-one very rare and costly, with a small eagle. The other, with a large
-eagle, is more common, and perhaps sells for about five dollars at a
-public coin sale.
-
-
-UNITED STATES COINS.
-
-The first copper coins made by the United States Mint were one cent and
-one-half cent issues, of which there were four designs: 1st, the “chain
-cent;” 2d, the “wreath cent;” 3d, the “flowing hair;” and 4th, the
-“liberty cap,” which was used for a number of years. The “chain” device
-was not acceptable to the sensitive American mind, and of consequence the
-accidental breaking of the die was not a subject of regret, but “quite
-the contrary.” The pattern sections of United States coins are very
-beautiful and varied, especially those in gold.
-
-
-THE TRADE DOLLAR.
-
-This coin bears on the obverse a female figure seated on bales of
-merchandise, holding in her left hand a scroll on which is the word
-“liberty.” At her back is a sheaf of wheat; this and the bales of goods
-indicate the commercial character of the coin. Her right hand, extended,
-offers the olive branch. On a scroll beneath the figure are the words “In
-God we trust,” and the date below, “1873.” The reverse has a circling
-inscription, “United States of America, Trade Dollar.” In the centre is
-an eagle, in his claws three arrows and a sprig of olive. On a label
-above are the words “E Pluribus Unum.” Below, “420 grains fine,” very
-beautiful in design.
-
-
-HISTORY OF THE TRADE DOLLAR.
-
-The coinage of the Trade Dollar was authorized by act of February 12,
-1873, and was not intended for circulation in the United States, but for
-export to China.
-
-It was designed to compete with the Spanish and Mexican dollar. That
-empire, having no mint for the coinage of gold or silver, depended upon
-foreign coin for its domestic circulation, and until the institution of
-the Trade Dollar the principal shipments of coin to China were in the
-form of Mexican dollars.
-
-The Trade Dollar was made a trifle more valuable than the American and
-Mexican dollar, thus not only affording a market for the surplus silver
-of the mines of the Pacific Coast, but furnishing merchants and importers
-from China with silver in a convenient form for payment for commodities,
-instead of their being obliged to purchase Mexican dollars for that
-purpose.
-
-When its coinage was authorized it was inadvertently made a legal tender
-to amount of five dollars, but this was repealed by section 2, Act of
-July 22, 1876.
-
-
-BRIEF HISTORY OF THE STANDARD SILVER DOLLAR.
-
-Authorized to be coined, Act of April 2, 1792. Weight, 416 grains,
-standard silver; fineness, 892.4; equivalent to 371¼ grains of fine
-silver, with 44¾ grains alloy of pure copper.
-
-Weight changed, Act of January 18, 1837, to 412½ grains, and fineness
-changed to 900, preserving the same amount of pure silver = 371¼ grains,
-with ⅒ alloy.
-
-Coinage discontinued, Act of February 12, 1873.
-
-Total amount coined, from 1792 to 1873, $8,045,838.
-
-Coinage revived, two million dollars per month required to be coined,
-and issue made legal tender for all debts, public and private, Act of
-February 28, 1878.
-
-Total amount coined, February 28, 1878, to November 1, 1884, $184,730,829.
-
-
-PACIFIC COAST.
-
-The semi-official coins of the Pacific coast present quite a glittering
-array of monetary enterprise, and signify the great wealth and daring
-spirit of that part of the world. The fifty-dollar octagon gold piece,
-issued in 1851, is a very beautiful coin. “Gold slugs” are novelties;
-are oblong gold pieces, and are valued at sixteen dollars. The Utah
-coins also attract attention. They are of gold, fine. The device is an
-“all-seeing eye” and two clasped hands; reverse, “a bee-hive,” with
-inscription, “Holiness to the Lord.” Some have for legend, “G. S. L. C.
-P. G.,” which the initiated receive as “Great Salt Lake City, Pure Gold.”
-
-The series of the United States coins is complete, and can be readily
-examined. The changes have been very gradual. The motto, “In God we
-trust,” was introduced in 1866.
-
-There is one specimen which illustrates how a coin may become famous
-without the least premonition, and also is a witness of the positive
-law which protects and governs coinage. A law passed Congress in 1849
-ordering twenty-dollar gold pieces to be issued. One piece was struck.
-Something intervened to delay the work, and the year closed; then, of
-course, the dies had to be destroyed, as no more could be lawfully issued
-of 1849. The coin just beside this, marked 1850, of same value, is not
-worth the collector’s consideration, while “1849” cannot to be purchased.
-It is marked “unique,” and is really the only one in gold. One specimen
-exists in brass.
-
-
-COINS OF THE SOUTHERN CONFEDERACY.
-
-It has been said and repeated as a historical fact that the Southern
-Confederacy had no metallic currency. After a lapse of eighteen years
-the following official document from the Confederate archives explains
-itself, and substantiates the fact that silver to a limited extent was
-coined at the New Orleans Mint by order of the Confederate Government, in
-the early days of the rebellion, and only suspended operations on account
-of the difficulty in obtaining bullion for coinage.
-
- WAR DEPARTMENT,
- ADJUTANT GENERAL’S OFFICE,
- WASHINGTON, _March 27, 1879_.
-
- DR. B. F. TAYLOR, _New Orleans, La._
-
- DEAR SIR:—The enclosed circular will explain to you the nature
- of the duties upon which I am now engaged; I would like to have
- from you, from file with confederate archives, a letter stating
- when you were appointed Chief Coiner of the Confederate States
- Mint, instructions received copies of the originals of any
- official papers, sketches, descriptions, etc., of all the coins
- made, etc. This will make a valuable addition to Confederate
- history, and I know no one but you can give it.
-
- Very truly yours,
-
- MARCUS J. WRIGHT.
-
- NEW ORLEANS, LA., _April 7, 1879_.
-
- TO HON. MARCUS J. WRIGHT.
-
- DEAR SIR:—Your favor requesting a statement of the history of
- the New Orleans Mint, in reference to the coinage under the
- Confederate Government, is received. That institution was
- turned over by the State of Louisiana, the last of February,
- 1861, to the Confederate States of America, the old officers
- being retained and confirmed by the government, viz.: Wm. A.
- Elmore, Superintendent; A. J. Guyrot, Treasurer; M. F. Bonzano,
- M. D., Melter and Refiner; and Howard Millspaugh, Assayer.
- In the month of April, orders were issued by Mr. Memminger,
- Secretary of the Treasury, to the effect that designs for
- half-dollars should be submitted to him for approval. Among
- several sent, the one approved bore on the obverse of the coin
- a representation of the Goddess of Liberty, surrounded by
- thirteen stars, denoting the thirteen States from whence the
- Confederacy sprung, and on the lower rim the figures, 1861. On
- the reverse there is a shield with seven stars, representing
- the seceding States; above the shield is a liberty-cap,
- and entwined around it stalks of sugar cane and cotton,
- “Confederate States of America.” The dies were engraved by A.
- H. M. Peterson, Engraver and Die Sinker, who is now living in
- Commercial Place. They were prepared for the coining press
- by Conrad Schmidt, foreman of the coining room (who is still
- living), from which _four pieces only_ were struck. About this
- period an order came from the secretary suspending operations
- on account of the difficulty of obtaining bullion, and the Mint
- was closed April 30, 1861.
-
- Of the four pieces mentioned, one was sent to the Government,
- one presented to Prof. Biddle, of the University of Louisiana,
- one sent to Dr. E. Ames of New Orleans, the remaining one being
- retained by myself. Upon diligent inquiry I am unable to find
- but one piece besides my own, that being in the possession of a
- Confederate officer of this city, who transmitted it to his son
- as a souvenir of his father’s in the Confederate cause.
-
- So soon as copies are made I will take pleasure in sending you
- a specimen for the archives you represent.
-
- Very respectfully, your obedient servant,
-
- B. F. TAYLOR, M. D.
- _Formerly Chief Coiner C. S. A._
-
-The most notable and valuable silver coin is the dollar of 1804. It is
-said that the scarcity of this dollar was owing to the sinking of a
-China-bound vessel having on board almost the entire mintage of the 1804
-dollars in lieu of the Spanish milled dollars. It is believed that there
-are not more than seven, possibly eight, genuine 1804 dollars extant. The
-rarity of the piece and the almost fabulous prices offered for it are
-patent facts.
-
-
-SKETCH OF THE 1804 DOLLAR.[16]
-
-This coin among collectors is known as the “king of American rarities.”
-But seven or eight pieces are known to exist. The 1804 dollars are of
-two classes, to wit: first, originals, which are from but one obverse
-and one reverse die,—draped bust of Liberty facing right; the head bound
-with a fillet; hair flowing; 6 stars before and 7 behind the bust above
-LIBERTY, upper right hand star almost touching letter y; reverse heraldic
-eagle bearing on his breast a broad shield, in his beak a scroll,
-inscribed E PLURIBUS UNUM; 12 arrows in right talon, a branch of olive
-in left; above, an arc of clouds from wing to wing of eagle; in field
-beneath 13 stars; UNITED STATES OF AMERICA; edge lettered ONE HUNDRED
-CENTS, ONE DOLLAR OR UNIT, which are lightly struck in some parts. The
-first specimen in the Mint Cabinet weighs 415.2 grs.; second, Mr. M. A.
-Stickney procured from the Mint in 1843 in exchange for other coins;
-third, W. S. Appleton bought, at an advance of $750, in 1868, from E.
-Cogan, who purchased it from W. A. Lilliendahl, who bought it at a sale
-of collection of J. J. Mickley, 1867, for $750; fourth, L. G. Parmelee
-bought, at sale of E. H. Sandford’s collection, 1874, for $700, who
-obtained it in 1868 from an aged lady, who got it at the Mint many years
-before; fifth, W. B. Wetmore bought of Mr. Parmelee, 1868, for $600,
-from sale of H. S. Adams’ collection, 1876, at $500, from sale of M. J.
-Cohen’s collection, 1875, at $325 (in fair condition); sixth, present
-owner unknown to us, formerly in possession of collection of Mr. Robert
-C. Davis, of Philadelphia, and recently sold for $1200; seventh, S. H.
-and H. Chapman purchased October, 1884, at a sale in Berlin, and resold
-to a Mr. Scott, a dealer in coins, for $1000 at their Philadelphia sale,
-in May, 1885.
-
-_Restrikes._ There were struck at the Mint in 1858 restrikes with plain
-edges, of which three were recovered after diligent search; two of these
-were destroyed in the Mint, and the other placed in the Cabinet, where it
-remains. The difference between these and the originals are as follows:
-obverse, the original die was re-cut in the word LIBERTY, the stars and
-date, which made them larger and deeper, especially noticeable in the
-stars, which are broadened; also in the date, it making the outline sharp
-and square, whereas in the originals they are somewhat rounded; reverse,
-not having the original die, they used another, which differs in many
-respects, most easily noticeable in that the A touches the eagle’s claw,
-the OF much nearer of the end of eagle’s wing than S in States (in the
-original it is equally spaced); edge, plain; weight, 381.5 grains. One
-specimen is in the Mint and another in England,—struck between 1860 and
-1869, as in the latter year all dies remaining were destroyed, same as
-the above, but endeavors were made to letter the edges in the absence of
-a complete collar by using pieces of collars which did not contain all
-the letters, but repeated some of them several times. There was one of
-these pieces sold in the Berg collection in 1883 for $740, and showed all
-the peculiarities mentioned, and its weight was said to be inaccurate.
-The dies were destroyed in the winter of 1868-69. No counterfeit dies of
-the 1804 dollar were ever made. After the close of each year all dies are
-now destroyed.
-
-
-DOUBLE EAGLE.
-
-Among the rare coins in the Cabinet at the Mint is a Double Eagle. The
-dies for this piece were made in 1849, and only one was struck. “UNIQUE”
-and beyond price. There is also a Quarter Eagle of 1842, and the only one
-known extant at the Mint.
-
-
-
-
-SELECTIONS.
-
-
-Having referred many times to this case, it may be as well to append the
-entire list of its contents, as they, almost without exception, are rare,
-spanning the world from remotest antiquity to the present day, beginning
-with the gold Daric of Darius, and ending with the twenty-mark piece of
-Kaiser William.
-
-
-GREECE.
-
-1. Four drachma, Athens, B. C. 500; 2. Oboloi of Athens; 3. One-half
-obolos, 1⅓ of a cent; 4. Daric, Darius, of Persia, B. C. 520, value, five
-dollars and fifty cents; 5. Silver Daric; 6. Brass Ob. Berenice, B. C.
-284; 7. Ptolemy and Berenice, copy; 8. Maneh of Ptolemy Philadelphus,
-B. C. 284, value, $17.70; 9. Drachma, Cyrene, B. C. 322; 10. Coin of
-Syracuse, copy, about B. C. 300; 11. Silver coin, Bactria, B. C. 126; 12.
-Brass of Bactria, B. C. 180; 13. Cleopatra, B. C. 30; 13_a_. Denarius of
-Cleopatra and Mark Antony; 14. Alexander the Great, B. C. 36; 15. Philip,
-B. C. 323; 16. Stater of Seleucus; 17. Alexander Balas, B. C. 150; 18.
-Antiochus VI; 19. Philip, King of Syria, B. C. 93.
-
-
-ROME.
-
-20. Roman aes, B. C. 500; 21. Denarius of Augustus, B. C. 31; 22.
-Tiberius, A. D. 14; 23. Simon, Bar Cochab, false Christ, A. D. 133; 24.
-Vespasian, A. D. 49; 25. Gold bezants, A. D. 610; 26. Justinian, A. D.
-527; 26_a_. Kingdom of Cyprus and Jerusalem, Peter 1, 1361 to 1372,
-testoon, Kingdom of Jerusalem; 26_b_. Amaury II., 1194 to 1205.
-
-
-ENGLISH.
-
-27. Gold of Britain; 28. Carausius, Roman Emperor of Britain, A. D.
-287; 29. Penny of Ethelbert, King of Kent, 858 A. D.; 30. Harold the
-Dane, A. D. 1036; 31. William the Conqueror, 1066, A. D.; 32. Edward the
-Confessor, A. D. 1041; 33. Robert the Bruce, A. D. 1306; 34. Elizabeth,
-Double Ryal, A. D. 1558; 35. James I, 1603, Ryal (30 shillings) and
-sovereign; 36. Charles I, sovereign; 37. Siege pound of Charles I, 1642;
-37_a_. Gold sovereign of Oliver Cromwell; 38. Crown, and half crown and
-shilling, Oliver Cromwell, 1658; 38_a_. Farthing, Queen Anne; 39. George
-IV; 40. Coins of Australia.
-
-
-FRANCE.
-
-41. Deniers of Charlemagne, 806; 42. Medalet, Marie Antoinette; 43. Five
-francs, Napoleon I; 44. Gold, Napoleon I, 1851; 45. Five francs, Paris
-Commune.
-
-
-GERMANY.
-
-46. Bracteats; 47. German Crown, Ob. St. Stephen; 48. Ducat, Ob. Luther
-and Melanchthon, 1730; 49. Crown, Maximilian, A. D. 1615; 50. Ducat,
-Nuremburg; 51. Ducat Hamburg; 52. Monument, Bavaria; 53. King’s family,
-Bavaria; 54. Coins of Prussia; 55. Silver piece, Frederick William and
-Augusta.
-
-
-SPAIN.
-
-56. Ferdinand and Isabella; 57. Charles II., Spain; 58. Alphonso, Spain.
-
-
-ITALY.
-
-59. Silver of Venice under the Doges, twelfth century; 60. Ducat of
-Venice; 61. Copper of San Marino; 62. Silver piece of Lombardy; 63. Gold
-twenty lira piece; 64. Swiss crown, ob. St. Vincent; 65. African shell
-money; 66. African ring money.
-
-
-ORIENTAL.
-
-67. Siamese coins; 68. Chinese tael; 69. Widow’s mite; 70. Jewish shekel;
-70_a_. Herod the Great, 37 B C.; 70_b_. Herod Archelaus, 4 B. C.; 71.
-Glass coin, Egypt; 72. Gold of Alnaser, A. D. 1222; 73. Dirhem of Mahomet
-V., A. D. 854; 74. Dirhem of Walid, Caliph of Damascus, A. D. 713; 75.
-Haroun Alraschid, Koran text, 806; 76. Fire Worshippers, A. D. 300; 77.
-Gold of Japan, 1634; 78. Gravel stone of Burmah; 79. Late coin of Turkey;
-80. Mexican dollar used in China; 81. Coin of Cochin China.
-
-The most notable coin in this case, and perhaps the most celebrated coin
-in the world, is the “Widow’s Mite.” Its name bespeaks its commercial
-insignificance. Yet visitors every day, upon entering the Cabinet of the
-Mint, ask first to see the “Widow’s Mite.”
-
-The following letter from Wm. E. Du Bois, will be found of interest to
-the reader.
-
-
-THE WIDOW’S MITE.
-
- SIR: The curators of the mint cabinet do not consent to the
- intimation in a statement recently made that their widow’s mite
- is not the real coin.
-
- The expression of a doubt as to any received fact is thought
- to be a sign of superior insight. Hence we have so much
- “destructive criticism,” a good deal of it being fatal to the
- critic himself.
-
- The widow’s mite in our showcase of specialties, always
- attracting much attention, is precisely what the Scriptures
- speak of—a _lepton_, the smallest of Greek and Syriac coins.
- The name comes from _leptos_, very small. The word “mite” is
- English, and was formerly a weight representing the twentieth
- part of a grain, but has long fallen into disuse. It was
- employed in the translation of the New Testament to represent
- the word _lepton_, simply because it was so very small.
-
- It is pretty certain that there was no Jewish or Hebrew coin
- so small as the _lepton_; that people depended very much upon
- outside coins for their circulation. Even their money terms
- had changed to those of the Syrian-Greek Empire and of Rome,
- as we see from all the instances in the New Testament. What
- few copper or bronze pieces they had, struck by local princes
- for a limited time, and now very rare, were large enough to
- bear a show of devices and inscriptions, for which the _lepton_
- was too minute. The one in our cabinet has a diameter of only
- three-tenths of an inch, and weighs but ten grains. On one side
- nothing is discernible, on the other a mint monogram, such as
- were common in that era, occupies the space. It is much like
- the letter x, with a line crossing it near the top. Whether it
- is Samaritan, or Syriac, or Greek, we cannot be sure; nor is
- it of any consequence. It is enough to show that it is a coin,
- and belongs to the age shortly before and after the advent of
- Christ, and its size proves it to be a _lepton_.
-
- It is an interesting and confirmatory fact, that this piece
- was found among the rubbish of the Temple grounds, by Dr.
- Barclay, long resident in Jerusalem, and author of “The City of
- the Great King.” By him it was presented to the mint cabinet.
- The objector may soberly doubt whether this was one of the
- identical mites offered by the widow; for the rest of his
- doubts they are of no value.
-
- We are often asked how much this famous offering amounted to?
- There is some obscurity and confusion about their coin-tables,
- and, therefore, some variety in the estimation. We may say,
- however, that the current value of the _lepton_, or mite, was
- about one-fifth of a cent in our money; being eighty to the
- drachma or denarius, which was 16 or 15 cents.
-
- But as the purchasing or paying power of a drachma was probably
- as great in that day and country as a dollar is in ours, we
- may say that the value of a lepton, judged by our ideas, was
- about one cent. As the treasurer would not take a less gift
- than two _lepta_, it follows that the poor but very liberal
- woman contributed fully two cents, which is more than some
- persons—neither poor nor in widowhood—throw into the church
- basket.
-
- It is worth while to add that a visitor at the mint saw a
- similar piece in Jerusalem, and tried to obtain one, but on
- account of its rarity did not succeed.
-
- W. E. D.
-
-
-DONATIONS OF OLD COINS.
-
-_Extract from the American Journal of Numismatics, April, 1884._
-
- Under the head of donations, we have from Quartermaster General
- Meigs, a half-dollar and pistareen of Carolus and Johana of
- Spain. These pieces were presented to General Meigs at Corpus
- Christi, Texas, in 1870. The special interest attached to them,
- is their having been found on the beach of Padre Island, off
- the southerly coast of Texas. The supposition is that they were
- washed up from a sunken treasure ship wrecked on the coast,
- while carrying funds to the Army of Cortez, who entered the
- City of Mexico in 1519. Their good condition may warrant our
- accepting this briny romance _Cum grano salis_. Antiquarian
- stories must expect to stand the test of the chemist, as
- well as of the historian. This reminds me, however, of some
- specimens of the Mint Cabinet, from the wreck of the San Pedro,
- some account of which may not be uninteresting here.[17] “Early
- in 1815, a naval armament was fitted out in Spain, by Ferdinand
- VII., for the purpose of reducing the Rebellious Colonies in
- South America. The military force of this expedition amounted
- to ten thousand men, of whom two thousand were on board the
- flag ship “San Pedro.” The vessel was also freighted to a large
- amount with gunpowder, cannon balls and specie.”
-
- The account then goes on to state that the fleet touched at the
- Island of Marguerita near the coast of Venezuela. After leaving
- the island, the vessel took fire, burnt four hours until the
- magazine caught and exploded, and the wreck went down with four
- hundred men. The right of working the wreck, was granted about
- thirty years after, to a Baltimore Company, known as the “San
- Pedro Company.” Divers were set to work, and the wreck found in
- sixty feet of water on a hard bed of coral. Over this there was
- a deposit of mud, and again over this a layer of coral, which
- had to be pierced to arrive at the treasure.
-
- The Spanish dollars recovered were sent to Philadelphia, and
- (up to September, 1848) about seventy-five thousand dollars had
- been recovered and re-coined. The dollars were much corroded
- and encrusted, the coating having first to be removed, to
- bring the pieces into fit condition for minting; the loss from
- corrosion was considerable; one dollar with the impression
- still visible, being reduced to thirty-four cents in value. In
- the light of these and other facts, it is difficult to conceive
- how the pieces found in Texas, could have come so clean from
- their reputed berth, of over three hundred years, but they are
- worth keeping for all that, and General Meigs has the thanks of
- the Republic for them.
-
-
-
-
-COLONIAL COINAGES.
-
-[Illustration: PLATE I.
-
-NOVA CONSTELLATIO “QUINT.” 1783.
-
-NOVA CONSTELLATIO “MARK.” 1783.
-
-NOVA CONSTELLATIO, IMMUNE COLUMBIA.
-
-SOMMER ISLAND SHILLING. “HOGGIE.”
-
-NEW JERSEY IMMUNIS.
-
-CONFEDERATIO INIMICA, ETC.
-
-See description.]
-
-[Illustration: PLATE II.
-
-CONNECTICUT CENT, 1787.
-
-NEW ENGLAND ELEPHANT TOKEN. VERY RARE. 1694.
-
-GOOD SAMARITAN SHILLING, MASS.
-
-MASSACHUSETTS HALF CENT. 1787.
-
-MASSACHUSETTS CENT.
-
-NEW YORK.
-
-See description.]
-
-
-NOVA CONSTELLATIO.
-
-Obverse: An eye, the center of a glory, thirteen points cross,
-equidistant; a circle of as many stars. Legend: “NOVA CONSTELLATIO.”
-
-Reverse: “U. S. 500” inscribed in two lines, a wreath surrounding.
-Legend: “LIBERTAS JUSTITIA 1783.” Border, beaded; edge, leaf work. Known
-as the “Quint.”
-
-No. 2.—Obverse: An eye, around which a narrow, plain, circular field;
-outside a glory, thirteen points cross, equidistant; a circle of as many
-stars. Legend: “NOVA CONSTELLATIO.”
-
-Reverse: “U. S. 1000” inscribed in two lines, a wreath surrounding.
-Legend: “LIBERTAS JUSTITIA 1783.” Border, a wreath of leaves; edge, leaf
-work; silver; size, 21; weight, 270 grains. Known as the “Mark.”
-
-
-THE IMMUNE COLUMBIA.
-
-Obverse: An eye, on a small, plain, circular field; from the outside
-of the field radiates a glory of thirteen blunt points, crossing,
-equidistant, the spaces between as many stars in a circular
-constellation. Legend: “NOVA CONSTELLATIO.” Border, serrated.
-
-Reverse: The Goddess of Liberty, seated upon a paneled cubic pedestal,
-facing right; her left hand is well extended and balances the scales of
-justice. A short liberty staff, crowned with a cap and bearing a flag,
-rests against her right shoulder, and is supported by the right hand.
-Legend: “IMMUNE COLUMBIA.” Exergue: the date 1785. Border, serrated;
-edge, plain or milled; size, 17; weight, gold, 128.8 grains; silver, 92
-grains; copper 148 grains.
-
-
-BERMUDA SHILLING—(“HOGGE-PENNY”).
-
-Obverse: Device—A hog, standing, facing left, above which are displayed
-the Roman numerals “XII.,” the whole surrounded by a beaded circle.
-Legend: “SOMMER ISLANDS” around which is a beaded circle like that
-enclosing the device.
-
-Reverse: Device—A full-rigged ship under sail to the left, a flag flying
-from each of her four masts—enclosed in a beaded circle, the beads larger
-than on the obverse. Copper; size, 19; weight, 177 grains.
-
-
-NEW JERSEY IMMUNIS.
-
-Obverse: Goddess of Liberty, seated upon a globe, facing right; in her
-extended left hand the scales of justice; right hand staff of liberty
-bearing a flag and crowned with a cap. Legend: “IMMUNIS COLUMBIA.”
-Exergue: “1786.” Border, serrated; edge, plain; size, 18; weight, 160
-grains.
-
-Reverse: A shield argent, six pales gules, a chief azure. Legend: “E
-PLURIBUS UNUM.” Border, serrated; edge, plain; size, 18; weight, 160
-grains.
-
-
-CONFEDERATIO AND INIMICA TYRANNIS.
-
-Obverse: A circular central field, size 6, covered with a cluster of
-thirteen small stars; around this device a glory of fine rays, presenting
-a corrugated outline of sixteen points. Legend: “CONFEDERATIO 1785.”
-Border, serrated.
-
-Reverse: An Indian, standing beside an altar or pedestal, his right foot
-upon a crown, an arrow in his right hand, a bow in his left; at his back
-a quiver full of arrows. Legend: “INIMICA TYRANNIS AMERICA.” Border,
-serrated; edge, plain; size, 18; weight, 112 grains.
-
-
-CONNECTICUT CENT, 1788.
-
-Obverse: Identical with one of 1787.
-
-Reverse: The same as one of the coins of Vermont. Another Connecticut
-coin of this year, has the same reverse as the “GEORGIVS III REX” issue
-of Machin & Co., from the mint established by them in the State of New
-York.
-
-NOTE.—The obverse and reverse dies of the Connecticut cents are too
-numerous to mention, there being no less than one hundred and sixty-four
-of the first, and eighty-four of the latter.
-
-
-NEW ENGLAND TOKEN.
-
-Obverse: Same as that of the common type of the Carolina Token of 1694,
-and from the same die as that and the “London Halfpenny.”
-
-Reverse: An inscription, in five lines, occupying the whole field, “GOD
-PRESERVE NEW ENGLAND 1694.” Borders, milled; edge, plain; copper; size,
-18½; weight, 133 and 236 grains.
-
-
-GOOD SAMARITAN SHILLINGS.
-
-The same general type and variety as the Pine Tree Shilling, but bearing
-upon the obverse a well-executed device, illustrating the parable of
-the Good Samaritan; but two or three specimens of this coin have been
-known, two of which are in existence and of unique varieties; they are
-supposed to have been pattern pieces, struck at the origin of the Mint of
-Massachusetts Colony.
-
-[Illustration: PLATE III.
-
-LARGE PATTERN CENT. NOT ISSUED.
-
-BAR CENT. VERY RARE.
-
-FUGIO. “MIND YOUR BUSINESS.” FIRST.
-
-INIMICA TYRANNIS AMERICANA.
-
-FUGIO. “MIND YOUR BUSINESS.” SECOND.
-
-See description.]
-
-[Illustration: PLATE IV.
-
-HALF CENT. 1836.
-
-CONFEDERATE C. S. A. HALF DOLLAR.
-
-HALF CENT. 1840.
-
-HALF CENT. 1845.
-
-“JEFFERSON HEAD” CENT.
-
-HALF CENT. 1846.
-
-See description.]
-
-
-MASSACHUSETTS HALF CENT, 1787.
-
-Obverse: Same general description as the Cent of 1787.
-
-Reverse: Same in general as the Cent of 1787, except that the shield upon
-some specimens, bears only “HALF CENT.” Borders, milled; edge plain;
-size, 15 to 15½; weight, 75 to 83 grains.
-
-The “Cent,” 1788. Twelve Types. Thirteen Varieties.
-
-
-MASSACHUSETTS CENT, 1788.
-
-Obverse: A clothed Indian, standing, facing left, in his right hand a
-bow, in his left an arrow. Legend: “COMMONWEALTH.”
-
-Reverse: A spread eagle, a broad shield upon his breast, six pales gules
-(upright), a chief azure (open or plain). Upon the chief, or upper part
-of the shield, the word “CENT,” in bold Roman lettering. In exergue,
-beneath a heavy horizontal bar, the date 1787. Borders, milled; edge,
-plain; size, 16½ to 19; weight, 146 to 165 grains.
-
-
-FUGIOS OR FRANKLIN CENTS.
-
-The Fugios or Franklin Cents are the earliest coins issued by authority
-of the United States. They being all dated 1787, and made in conformity
-with resolution of Congress, dated July 6, 1787:
-
-“_Resolved_, That the Board of Treasury direct the contractor for the
-copper coinage to stamp on one side of each piece the following devices,
-viz.: Thirteen circles linked together, a small circle in the middle,
-with the words ‘UNITED STATES’ round it, and in the centre the words, ‘WE
-ARE ONE’; on the other side of the same piece the following device, viz.:
-a dial with the hours expressed on the face of it; a meridian sun above,
-on one side of which is to be the word ‘FUGIO,’ and on the other the year
-in figures ‘1787’; below the dial the words ‘MIND YOUR BUSINESS.’”
-
-
-THE BAR CENT, OR U S A COPPER.
-
-This coin, presumed to have belonged to the same issue as the Nova
-Constellatio Coppers, was probably made in Birmingham, England, by
-Thomas Wyon, for circulation in America. The “U S A” Copper was first
-passed as money in the City of New York, in November, 1785. The device
-was taken from an old Continental button, to which fact and the light
-weight of the piece, has been attributed the disfavor shown the coinage
-and the limited circulation given the same.
-
-Obverse: Large Roman “U S A” in a monogram, on a plain field.
-
-Reverse: Thirteen horizontal bars. Border, serrated; Edge, plain; size,
-15½; weight, 85 grains. Two pairs of dies.
-
-
-MARYLAND PENNY.
-
-The Maryland Penny. One Type. One Variety. Unique.
-
-Obverse: Similar to that of the sixpence.
-
-Reverse: A Ducal Coronet, upon which are erected two masts, each bearing
-a flying pennant. Legend: “DENARIVM TERRE-MARIÆ.” Copper; size, 13.
-
-The only specimen of this piece extant was imported into America from
-England, at a cost of £75, and was sold for $370 with the collection of
-J. J. Mickley, Esq., of Philadelphia.
-
-
-ROSA AMERICANA HALF-PENNY, 1722.
-
-Obverse: Laureated head of King George I, facing right. Legend: “GEORGIUS
-DEI GRATIA REX.”
-
-Reverse: A full double rose; from this project five barbed points.
-Legend: “ROSA AMERICANA UTILE DULCI 1722” which encircles the piece.
-Border, beaded; edge, plain; “Bath Metal;” size, 16 to 18; weight, 139
-grains.
-
-Devices: Same as those of the Penny of this coinage. Legends: Same import
-as those upon the Penny, but varied by abbreviations and in punctuation.
-Border, beaded; edge, plain; “Bath Metal;” size, 13 to 14; weight, 75
-grains.
-
-
-LIBER NATUS LIBERTATEM DEFENDO—_First_.
-
-Reverse: Arms of the State of New York. Upon an oval shield at the center
-is shown the sun rising from behind a range of hills, the sea in the
-foreground; left of the shield, Justice, with sword and scales; right,
-Liberty, with staff and cap. Upon a hemisphere, above the shield, stands
-an eagle, wings outspread, facing right. Exergue: 1787; beneath this,
-next the border, “EXCELSIOR.” Border, serrated; edge, plain; size, 17;
-weight, 157 grains.
-
-[Illustration: PLATE V.
-
-MARYLAND PENNY.
-
-HALF CENT. 1847.
-
-ROSA AMERICANA HALF PENNY. 1722.
-
-LIBER NATUS LIBERNATUM DEFENDO. FIRST.
-
-GRANBY OR HIGLEY TOKEN. 1737.
-
-LIBER NATUS LIBERNATUM DEFENDO. SECOND.
-
-See description.]
-
-[Illustration: PLATE VI.
-
-WASHINGTON CENT. 1783.
-
-WASHINGTON LIVERPOOL HALF PENNY. 1793.
-
-“NAKED BUST.” WASHINGTON CENT. 1792.
-
-NON DEPENDENS STATUS.
-
-HALF CENT. 1842.
-
-PATTERN CENT. 1792.
-
-See description.]
-
-
-LIBER NATUS LIBERTATEM DEFENDO.—_Second._
-
-Obverse: An Indian, standing, crowned with feathers, and facing left; in
-his right hand he wields a tomahawk, his left supports a bow, the end of
-which rests on the ground near his feet; over his right shoulder appears
-the top of a quiver of arrows, which is borne upon his back. Legend:
-“LIBER NATUS LIBERATEM DEFENDO.”
-
-Reverse: A hemisphere of the globe, marked by longitudinal and meridianal
-lines; upon this stands a large heavy-bodied eagle, wings spread,
-somewhat drooping, beak toward the right. Legend: “NEO-EBORACUS 1787
-EXCELSIOR.” Border, serrated; edge, plain; size, 17; weight, 153 grains.
-
-
-GRANBY OR HIGLEY TOKEN, 1737.
-
-Obverse: A deer, standing, facing left, occupying the whole field.
-Legend: “VALVE ME AS YOU PLEASE.” Exergue: The Roman numerals III upon a
-small scroll; a little crescent is shown below.
-
-Reverse: Three hammers, each bearing a crown upon the head. Legend: “I AM
-GOOD COPPER 1737.”
-
-
-WASHINGTON CENT, 1783.
-
-Obverse: Large laureated bust of Washington, draped, facing left. Legend:
-“WASHINGTON & INDEPENDENCE 1783.”
-
-Reverse: A figure of a female, facing left, seated upon a rock; right
-hand holds an olive branch; left, staff of liberty, with cap. Legend:
-“UNITED STATES.” Exergue: T. W. I. E. S. Border, beaded; edge, plain;
-size, 17½; weight, 120 grains. Two obverse and three reverse dies.
-
-
-WASHINGTON LIVERPOOL HALF-PENNY.
-
-Obverse: Bust of Washington, in uniform, facing left, hair in a queue.
-Legend: “WASHINGTON PRESIDENT.”
-
-Reverse: A ship, under sail, to the right: Legend: “HALFPENNY” under the
-ship, waves, and in the foreground, on a panel, the date 1793. Border,
-milled; edge, lettered: “PAYABLE IN ANGLESEY LONDON OR LIVERPOOL.” Size,
-19; weight, 163 grains.
-
-
-WASHINGTON NAKED BUST CENT, 1792.
-
-Obverse: A classical bust of Washington, undraped, facing right; the head
-is encircled by a fillet, confining the hair, which is cut short and is
-curly; the fillet is tied at the back of the head by a bow knot with long
-pendent ends. Legend: “WASHINGTON PRESIDENT 1792.”
-
-Reverse: A small eagle, displayed, wings upraised; on his breast a shield
-argent, six pales gules; right talon, an olive branch, fourteen leaves,
-six berries; left talon, thirteen arrows; about the head of the eagle are
-six mullets, and above is the word “CENT.” Border, milled; edge, plain,
-or inscribed: “UNITED STATES OF AMERICA.” Size, 19; weight, 198 grains.
-Some six or eight specimens only are known.
-
-
-NON DEPENDENS STATUS.
-
-Obverse: A full bust, facing right; flowing hair to the shoulders. Upon
-the drapery of the bust a small oval shield as an epaulet, emblazoned
-with a staff bearing a flag; across the staff, saltierwise, rests a naked
-sword. In each angle of this device is displayed a fleur de lis. Upon the
-breast of the bust is a head with spreading wings. Legend: “NON-DEPENDENS
-STATUS.”
-
-Reverse: An Indian, seated upon a globe, facing left; nude, except a cap
-or bandeau upon his head, and a feather tunic around the lower part of
-the body. In his extended right hand he holds a bunch of tobacco; the
-left reaches behind him and rests upon a shield, bearing the same emblems
-displayed upon the epaulets upon the bust on the obverse. Legend: “AMER
-ICA,” divided by the figure of the Indian. Exergue: 1778. Border, plain;
-edge plain; size, 19.
-
-Some coin dealers advertise the Non Dependens Status as “a rare copper,
-worth $100.”
-
-
-PATTERN CENT, 1792.
-
-Obverse: A bust of Liberty, facing to right, the hair confined by a
-fillet. Above is inscribed the word “LIBERTY,” and beneath the date
-“1792.”
-
-Reverse: A portion of a globe, on which stands an eagle, with raised
-wings. Legend: “UNITED STATES OF AMERICA.” This cent has a grained edge,
-like the cents of 1793. Some numismatists give it the preference as the
-first cent.
-
-
-GEORGE CLINTON COPPER, 1787.
-
-The George Clinton Copper has the bust of Governor Clinton facing right,
-with legend “GEORGE CLINTON.”
-
-Reverse: The State arms of New York, and in the exergue, “1787
-EXCELSIOR.” This last reverse is found also combined with the Liber
-Natus, which has an Indian standing, facing left, with tomahawk in the
-right hand and bow in the left, a bundle of arrows also at his back.
-Legend: “LIBER NATUS LIBERTATEM DEFENDO.” This latter obverse is also
-found combined with another reverse, as follows: An eagle stands upon a
-section of the globe. Legend: “NEO EBORACUS 1787 EXCELSIOR.”
-
-[Illustration: PLATE VII.
-
-GEORGE CLINTON COPPER. 1787.
-
-KENTUCKY TOKEN.
-
-IMMUNIS COLUMBIA. 1787.
-
-MASSACHUSETTS PINE TREE SHILLING. 1652.
-
-CHAIN CENT. 1793.
-
-MYDDELTON TOKEN.
-
-See description.]
-
-[Illustration: PLATE VIII.
-
-GREEK EGYPTIAN COIN. PTOLEMÆUS SOTER. 285-300 B. C.
-
-ROMAN COIN. FAUSTINA, DAUGHTER OF ANTONINUS PIUS, WIFE OF MARCUS
-AURELIUS. DIED, 175 A. D.
-
-MACEDONIAN SILVER COIN. ALEXANDER THE GREAT. 300 YEARS B. C.
-
-SILVER SHEKEL OF JUDEA. SIMON MACCABEES. 145 B. C.
-
-PERSIAN SILVER COIN. VOLOGESES III. 148-190 A. D.
-
-JUDEAN COPPER COIN. SIMON MACCABEES. 145 B. C.
-
-See description.]
-
-
-KENTUCKY TOKEN OR CENT
-
-Has a hand holding a scroll inscribed “Our Cause is Just.” Legend:
-“UNANIMITY IS THE STRENGTH OF SOCIETY.” Reverse: A radiant pyramid,
-triangular in shape, of fifteen stars united by rings, each star having
-placed in it the initial of a State, Kentucky being at the top. Legend:
-“E PLURIBUS UNUM.”
-
-
-SHEKEL (SIMON MACCABEES).
-
-The Shekel was originally a weight. The first form in which money
-was used by the Jews, and by all other nations of which we have any
-knowledge, was the pieces without any regular shape or any marks or
-devices upon them. Precious metals passed by weight. Thus it is said of
-the purchase made by Abraham of the cave and field of Machpelah, “And
-Abraham hearkened unto Ephron; and Abraham weighed to Ephron the silver,
-which he had named in the audience of the sons of Heth, four hundred
-shekels of silver, current with the merchant.” Gen. xxiii. 16.
-
-The weight of a shekel was a little less than one-half an ounce troy.
-The term “current with the merchant,” probably refers to the purity of
-the silver, which was about ninety-five per cent. fine, and the value in
-our money was fifty-eight cents. It first appeared as a coin in the time
-of the Maccabees, who lived about 140 B. C. The amount of silver in the
-coin is the same as was contained in the piece of silver denominated a
-shekel. It will be seen that on one side is the golden cup that had manna
-(see Exod. xvi. 33, and Heb. ix. 4), with the inscription in old Hebrew
-character, “SHEKEL OF ISRAEL;” on the other side appears Aaron’s rod that
-budded with the legend in the same character, “JERUSALEM THE HOLY.” This
-specimen is in the Mint cabinet; one of the most rare and interesting
-coins in the collection.
-
-
-IMMUNIS COLUMBIA, 1787.
-
-Obverse: The Goddess of Liberty, seated upon a globe, facing right; in
-her fully extended left hand she balances the scales of justice; the
-right hand supports a liberty staff, bearing a flag and crowned with a
-cap. Legend: “IMMUNIS COLUMBIA.” Exergue: 1787.
-
-Reverse: An eagle, displayed; right talon, an olive branch, thirteen
-leaves; left talon, thirteen arrows. Legend: “E PLURIBUS UNUM.” Borders,
-serrated; edge, plain; size, 16½; weight, 135 grains.
-
-
-MASSACHUSETTS PINE TREE SHILLING.
-
-“John Hull and Robert Saunderson were equal officers in the ‘gainful
-business’ of the Mint. How much they coined in all for the colony, or
-the exact amount of their profits under the contract they carried out,
-cannot be determined.” The coinage was certainly large in amount, and
-they, as was well understood, became men of wealth and substance. When
-the daughter of John Hull was married to Judge Samuel Sewall, the founder
-of the town of Newbury, Mass., the prosperous mint-master gave the bride
-a dowery of her weight in silver. At the conclusion of the wedding
-ceremony, a large steel-yard was brought into the room, and the blushing
-bride placed upon one of the platforms of the same, while into a tub upon
-the other side were poured the Pine Tree Shillings, until the steel-yard
-balanced.
-
-
-CHAIN CENTS.
-
-These have a bust with flowing hair, looking right, with the date below
-and word “LIBERTY” above it; on the reverse side, in the centre, is “ONE
-CENT,” with “⅟₁₀₀” below it, enclosed in an endless chain of fifteen
-links, typifying the number of States then in the Union. The legend is
-“UNITED STATES OF AMERICA” in all excepting one die, which reads “UNITED
-STATES OF AMERI,” the engraver evidently not having room to complete the
-word.
-
-
-THE MYDDELTON TOKENS.
-
-Obverse: A figure, representing Hope, beside an anchor; she presents two
-children to a female, the last extending her right hand in reception of
-the charge; the left hand supports a liberty staff, which is crowned with
-a cap; in front of the figure with the staff is an olive branch and a
-wreath, to the rear a cornucopia. Legend: “BRITISH SETTLEMENT KENTUCKY.”
-
-Reverse: Britannia, seated disconsolate amid the down-cast emblems of her
-power, and facing left; her head is bowed; she holds in her right hand
-an inverted spear, the head of which penetrates the ground; at her right
-side a bundle of fasces or lictors’ rods have fallen near the cap of
-Liberty; upon the ground, before the figure, are the scales of justice,
-upon which Britannia has set her left foot and the sword of justice,
-with broken blade; the left arm of the figure rests upon a large shield,
-bearing the cross of the British ensigns. Legend: “PAYABLE BY P. P. P.
-MYDDELTON.”
-
-[Illustration: PLATE IX.
-
-HALF CENT. 1802.
-
-WREATH CENT. 1793.
-
-HALF CENT. 1794.
-
-WASHINGTON MEDAL. 1789.
-
-HALF CENT. 1847.
-
-NEW YORK CENT.
-
-See description.]
-
-[Illustration: PLATE X.
-
-GREEK EGYPTIAN COIN. PTOLEMY.
-
-WIDOW’S MITE. COPPER COIN.
-
-ROMAN BRONZE COIN. TRAJAN AUGUSTUS. 98-117 A. D.
-
-ANTIOCHUS EPIPHANES.
-
-COUNTERFEIT JUDEAN SHEKEL. DATING ABOUT THE TIME OF CHRIST.
-
-MACEDONIAN COIN. PHILIP III. 317-324 B. C.
-
-See description.]
-
-
-THE SMALL PATTERN CENT.
-
-Obverse: A head, facing right, hair unconfined, floating backward in
-flowing locks. Legend: “LIBERTY PARENT OF SCIENCE & INDUST.” Exergue:
-Beneath the head the date 1792.
-
-Reverse: A wreath, two olive branches crossed at the lower ends and tied
-with a ribbon; within the wreath a field bearing an inscription “ONE
-CENT” in two lines. Legend: “UNITED STATES OF AMERICA.” Exergue: “⅟₁₀₀.”
-Border, milled; edge, reeded; size, 14; weight, 65 grains. Extremely rare.
-
-
-THE DOUBLE HEAD WASHINGTON.
-
-A small head on both obverse and reverse. The former has the legend,
-“WASHINGTON;” the latter the legend “ONE CENT.” No date.
-
-
-NEW YORK WASHINGTON CENT.
-
-Bust of Washington with a wig, and with military draping, face right.
-Legend: “NON VI VIRTUTE VICI.”
-
-Reverse: The Goddess of Liberty, seated, with liberty pole and scales of
-justice. Legend: “NEO EBORACENSIS.” Date, 1786.
-
-
-CAROLINA ELEPHANT (TOKEN.)
-
-A token much prized by collectors is known as the Carolina Elephant. The
-obverse is from a rather common English token known now as the London
-Elephant. The animal is standing with his head down. There is no legend.
-
-Reverse: “GOD PRESERVE CAROLINA AND THE LORDS PROPRIETERS 1694.”
-
-
-COPPER HALF-CENT OF 1794.
-
-In 1794 and 1795 similar device to that of 1793; but face Liberty facing
-to the right. Weight, 104 grains.
-
-
-CENT, 1799.
-
-The liberty cap is omitted, as is the lettering on the edge, not to
-reappear on the American cent. Liberty Cap Cents are very rare.
-
-In the year 1798 a slight change was made in the obverse of the cent,
-giving some of the curls a different termination from those of 1796,
-1797, and the early part of 1798. The latter device was continued each
-year, until and including 1807. The reverse remained unchanged during
-the same time, excepting some slight variations, probably unintentional,
-if not positive mistakes. For instance, in 1797 and 1802 we find some
-without stems to the wreaths, and in one case only one stem. In 1801 and
-1802 some have ⅟₀₀₀ instead of the fraction ⅟₁₀₀. In addition to this
-error, a variety of the cent of 1802 has “Iinited,” instead of “United.”
-In 1796 we have in one instance “Liherty,” instead of “Liberty.”
-
-
-LIBERTY CENT, 1809.
-
-In 1809 an obverse head of Liberty; forehead encircled by a band,
-“LIBERTY” inscribed upon it, surrounded by thirteen stars. Exergue:
-“1809.”
-
-Reverse: Wreath in a circular garland inclosing the words “ONE CENT.” No
-change took place during the issues of 1808 to 1814, inclusive.
-
-
-HALF-CENT OF 1793.
-
-The first half-cent was issued in 1793, having on obverse: Bust of
-Liberty, facing to the left; staff surmounted by liberty-cap over right
-shoulder. Legend: “LIBERTY.” Exergue: “1793.”
-
-Reverse; Inscription, “HALF CENT,” surrounded by a wreath, tied with a
-ribbon. Weight, 132 grains.
-
-
-WREATH CENT.
-
-Obverse: Bust of Liberty, hair flowing. Legend: “LIBERTY.” Exergue:
-“1793.”
-
-Reverse: A wreath with berries, the stems of wreath tied in a bow with
-a ribbon. Inscription: “ONE CENT.” Legend: “UNITED STATES OF AMERICA.”
-Exergue: “⅟₁₀₀.”
-
-Third. Known as the “Liberty Cap Cent.”
-
-
-LIBERTY AND SECURITY WASHINGTON COIN.
-
-Obverse: A bust of Washington, in uniform, facing right, hair in a queue.
-Legend: “GEORGE WASHINGTON.”
-
-Reverse: A shield with sixteen argent and gules impaling argent, fifteen
-mullets; above the shield an eagle, left talon, an olive branch, right
-talon, six arrows. Legend: “LIBERTY AND SECURITY.” Exergue: “17 95,”
-divided by the point of the shield. Border: A plain circle, and outside
-of the same, milled edge, lettered “AN ASYLUM FOR ALL NATIONS.” Size,
-20½; weight, 310 grains. This piece is extremely rare.
-
-
-VIRGINIA HALF-PENNY.
-
-The well-known Virginia half-pennies seem to have been very plentiful. A
-number of different dies were used. A laureated bust of George the Third
-is surrounded, as on the English half-penny, with his title, “GEORGIVS
-III. REX.” The reverse has an ornamental and crowned shield, emblazoned
-quarterly: 1, England empaling Scotland; 2, France; 3, Ireland; 4, the
-electoral dominions. Legend: “VIRGINIA.”
-
-[Illustration: PLATE XI.
-
-CENT. 1809.
-
-HALF CENT. 1793.
-
-CHAIN CENT. 1793.
-
-PATTERN “TWO CENT” PIECE.
-
-CENT. 1799.
-
-SMALL PATTERN CENT. 1792.
-
-See description.]
-
-[Illustration: PLATE XII.
-
-DOUBLE HEAD WASHINGTON.
-
-LIBERTY AND SECURITY WASHINGTON MEDAL. 1795.
-
-GRANBY OR HIGLEY COPPER TOKEN.
-
-N. Y. COLONIAL CENT. 1787.
-
-CAROLINA ELEPHANT TOKEN. 1694.
-
-VIRGINIA HALF CENT.
-
-See description.]
-
-[Illustration: PLATE XIII.
-
-MEDAL OF 1776, COMMEMORATIVE OF THE NATION’S INDEPENDENCE.
-
-“KITTANNING MEDAL,” ONE OF THE EARLIEST MEDALS EXECUTED IN AMERICA.]
-
-[Illustration: PLATE XIV.
-
-1795 SILVER DOLLAR. OBVERSE AND REVERSE.
-
-1798 SILVER DOLLAR. OBVERSE AND REVERSE.]
-
-[Illustration: PLATE XV.
-
-ROSA AMERICANA.
-
-MASSACHUSETTS HALF CENT.
-
-RHODE ISLAND MEDAL.
-
-PITT MEDAL.
-
-IMMUNIS COLUMBIA.
-
-NEW YORK TOKEN.
-
-See description.]
-
-[Illustration: PLATE XVI.
-
-PATTERN HALF DOLLAR. 1859.
-
-PATTERN CENT. 1854.
-
-LIBERTY CENT. 1793.
-
-LIBERTY HALF CENT. 1795.
-
-PATTERN CENT, COPPER AND SILVER. 1850.
-
-PATTERN CENT. 1855.]
-
-[Illustration: PLATE XVII.
-
-RARE COLONIAL CENT, OF NEW JERSEY.[18]
-
-WASHINGTON HALF DOLLAR. 1792.
-
-WASHINGTON CENT. 1783.
-
-WASHINGTON CENT. 1783.
-
-WASHINGTON CENT. VERY RARE. 1792.
-
-WASHINGTON CENT. 1791.]
-
-[Illustration: PLATE XVIII.
-
-TRIBUTE MONEY.
-
-CONSTANTINE THE GREAT.
-
-COUNTERFEIT SHEKEL, OF EUROPEAN MANUFACTURE.
-
-JEWISH. LEPTON, B. C.
-
-JEWISH. LEPTON, A. D.
-
-SYRIAN.
-
-GRECIAN.
-
-MAXIMUS PHILLIPUS.]
-
-[Illustration: PLATE XIX.
-
-DOUBLE EAGLE, 1849. “Unique,” beyond price.
-
-GOLD DOLLAR, 1849.
-
-DOUBLE EAGLE. 1885.
-
-HALF EAGLE, 1849.
-
-TEN DOLLAR EAGLE, 1795.
-
-HALF EAGLE, 1885.
-
-EAGLE, 1849.
-
-HALF EAGLE, 1795.
-
-EAGLE, 1885.
-
-THREE DOLLARS. Gold Piece, 1885.
-
-QUARTER EAGLE, 1847.
-
-QUARTER EAGLE, 1885.
-
-GOLD DOLLAR, 1885.]
-
-[Illustration: PLATE XX.
-
-RHODES.
-
-ANTIOCHUS VII.
-
-SYBARIS.
-
-GREEK COIN. ALEXANDER THE GREAT. 300 B.C.
-
-ATHENS.
-
-HEROCLEA.]
-
-[Illustration: PLATE XXI.
-
-1804 DOLLAR, “The King among Rarities.”
-
-PATTERN DOLLAR, None issued.
-
-PATTERN DOLLAR OF 1871, Rejected.
-
-PATTERN PIECE KNOWN AS THE BARBER DOLLAR, Rejected.]
-
-[Illustration: PLATE XXII.
-
-SILVER DOLLAR, 1849.
-
-STANDARD DOLLAR, 1885.
-
-HALF DOLLAR, 1849.
-
-DIME, 1849.
-
-HALF DOLLAR, 1885.
-
-HALF DOLLAR, 1794.
-
-QUARTER DOLLAR, 1885.
-
-QUARTER DOLLAR, 1849.
-
-HALF DIME, 1849.
-
-DIME, 1885.
-
-HALF DIME, 1794.
-
-DIME, 1796.]
-
-[Illustration: PLATE XXIII.
-
-LIBERTY CAP CENT, 1793.
-
-CHAIN CENT, 1793. First issue.
-
-CHAIN CENT, 1793. Second issue.
-
-PATTERN TWENTY CENT PIECE, Rejected.
-
-HALF CENT, 1793.
-
-CENT, 1849.
-
-CENT, 1885.
-
-THREE CENT NICKEL, 1885.
-
-HALF CENT, 1849.
-
-THREE CENT PIECE, 1885.]
-
-[Illustration: PLATE XXIV.
-
-ANTIOCHUS VII.
-
-ADDERA.
-
-PRUSIAS.
-
-ANTIOCHUS VIII. EPIPHANES.
-
-PANORMUS.
-
-ALEXANDER THE GREAT.
-
-Grecian Coins about 300 years B.C.]
-
-
-
-
-COINS ISSUED AT THE UNITED STATES MINT AT PHILADELPHIA, FROM ITS
-ESTABLISHMENT IN 1792 TO 1888.
-
-
-
-GOLD.
-
-
-_Double Eagle._
-
-Authorized to be coined, Act of March 3, 1849. Weight, 516 grains;
-fineness, 900; size, 21.
-
-1850 to 1865, inclusive. No. 1. Obverse: Liberty head, facing left, hair
-tied behind, a coronet on the forehead inscribed “LIBERTY,” thirteen
-stars and date.
-
-Reverse: An eagle with shield upon its breast, and an olive branch and
-three arrows in its talons; in its beak, an elaborate scroll, inscribed
-“E PLURIBUS UNUM.” Above, a circle of thirteen stars and a curved line of
-rays extending from wing to wing. “UNITED STATES OF AMERICA.” “TWENTY D.”
-
-1866 to 1876, inclusive. No. 2, same, with the motto “IN GOD WE TRUST”
-inscribed within the circle of stars on the reverse.
-
-1877. No. 3. Same, with “TWENTY DOLLARS” for “TWENTY D.”
-
-
-_Eagle._
-
-Authorized to be coined, Act of April 2, 1792. Weight, 270 grains;
-fineness, 916⅔. Weight changed, Act of June 28, 1834, to 258 grains.
-Fineness changed, Act of June 28, 1834, to 899.225. Fineness changed, Act
-of January 18, 1837, to 900.
-
-1795. Obverse: Liberty head, wearing a cap, facing right. Fifteen stars.
-Above, “LIBERTY;” beneath, “1795;” size, 21.
-
-Reverse: An eagle with displayed wings, standing on a palm branch; in
-beak, a laurel wreath. “UNITED STATES OF AMERICA.”
-
-1796. Same, with sixteen stars.
-
-1797. No. 1. Same, with sixteen stars.
-
-1797. No. 2. Obverse: Same, with sixteen stars.
-
-Reverse: An eagle with the United States shield upon its breast, a bundle
-of arrows in the right talon, and an olive branch in the left; in its
-beak, a scroll inscribed “E PLURIBUS UNUM.” Around the head are sixteen
-stars; above, is a curved line of clouds extending from wing to wing.
-“UNITED STATES OF AMERICA.”
-
-1798 to 1801, inclusive. Same, with thirteen stars on the obverse. Of
-1798, two varieties with four stars facing.
-
-1802. None issued.
-
-1803 and 1804. Same as No. 2 of 1797. Thirteen stars.
-
-1805 to 1837, inclusive. None issued.
-
-1838 to 1865, inclusive. Obverse: Liberty head facing left, hair tied
-behind, a coronet on the forehead inscribed “LIBERTY,” thirteen stars,
-and date.
-
-Reverse: An eagle with the United States shield upon its breast, and an
-olive branch and three arrows in the talons. “UNITED STATES OF AMERICA.”
-Size, 17.
-
-1866. Same, with a scroll above the eagle inscribed “IN GOD WE TRUST.”
-
-
-_Half Eagle._
-
-Authorized to be coined, Act of April 2, 1792. Weight, 135 grains;
-fineness, 916⅔. Weight changed, Act of June 28, 1834, to 129 grains.
-Fineness changed, Act of June 28, 1834, to 899.225. Fineness changed, Act
-of January 18, 1837, to 900.
-
-1795. No. 1. Same type as the Eagle; size, 16.
-
-1795. No. 2. Obverse: Same.
-
-Reverse: An eagle, wings extended upwards, with the United States shield
-upon its breast, a bundle of thirteen arrows in the right talon, and an
-olive branch in the left. In its beak, a scroll inscribed “E PLURIBUS
-UNUM.” Around the head are sixteen stars, and above is a curved line of
-clouds extending from wing to wing. “UNITED STATES OF AMERICA.”
-
-1796. Same as No. 1 of 1795; fifteen stars on obverse.
-
-1797. No. 1. Same as No. 1 of 1795.
-
-1797. No. 2. Same, with sixteen stars on obverse.
-
-1797. No. 3. Obverse: Same, with fifteen stars.
-
-Reverse: Same as No. 2 of 1795, sixteen stars around the eagle.
-
-1798. No. 1. Same as No. 1 of 1795, with thirteen stars.
-
-1798. No. 2. Obverse: Same.
-
-Reverse: Same as No. 2 of 1795, thirteen stars.
-
-1799 and 1800. Same as No. 2 of 1795, with thirteen stars on the obverse.
-
-1801. None issued.
-
-1802 to 1806, inclusive. Same as No. 2 of 1795, with thirteen stars on
-the obverse.
-
-1807. No. 1. Obverse: Same as No. 1, 1795, with thirteen stars.
-
-Reverse: Same as No. 2, 1795.
-
-1807. No. 2. Obverse: Liberty head, facing left; bust, draped, wearing a
-kind of turban with a band in front inscribed “LIBERTY,” thirteen stars,
-and date.
-
-Reverse: An eagle, with the United States shield upon its breast, an
-olive branch and three arrows in the talons. Above, a scroll, inscribed
-“E PLURIBUS UNUM.” United States of America “5. D.”
-
-1808 to 1812 inclusive. Same as No. 2 of 1807.
-
-1813 to 1815, inclusive. Obverse: Liberty head, facing left, wearing a
-kind of turban, a band in front inscribed “LIBERTY.” Thirteen stars and
-date. No shoulders.
-
-Reverse: Same as No. 2 of 1807.
-
-1816 and 1817, inclusive. None issued.
-
-1818 to 1828, inclusive. Same as 1813.
-
-1829. No. 1. Same as 1813; size, 16.
-
-1829. No. 2. Same, but smaller; size, 15.
-
-1830 to 1833, inclusive. Same as No. 2 of 1829.
-
-1834. No. 1. Same as No. 2 of 1829.
-
-1834. No. 2. Obverse: Liberty head, facing left, hair confined by a band
-inscribed “LIBERTY.”
-
-Reverse: Same as No. 2 of 1807, without the motto “E PLURIBUS UNUM”
-omitted; size, 14.
-
-1835 to 1838, inclusive. Same as No. 2 of 1834.
-
-1839 to 1865, inclusive. Same type as the Eagle of 1838.
-
-1866. Same type as Eagle of same date.
-
-
-_Three-Dollar Piece._
-
-Authorized to be coined, Act of February 21, 1853. Weight, 77.4 grains;
-fineness, 900.
-
-1854. Obverse: An Indian head, wearing a crown of eagle feathers, on band
-of which is inscribed “LIBERTY”—“UNITED STATES OF AMERICA.”
-
-Reverse: “3 dollars 1854” within a wreath of corn, wheat, cotton, and
-tobacco. Size, 13.
-
-
-_Quarter-Eagle._
-
-Authorized to be coined, Act of April 2, 1792. Weight, 67.5 grains;
-fineness, 916⅔. Weight changed, Act of June 28, 1834, to 64.5 grains.
-Fineness changed, Act of June 28, 1834, to 899.225. Fineness changed, Act
-of January 18, 1837, to 900.
-
-1796. No. 1. Obverse: Liberty head, facing right, above “LIBERTY”—sixteen
-stars.
-
-Reverse: Same type as No. 2 half-eagle of 1795, size 13.
-
-No. 2. Same, with no stars on obverse.
-
-1797-1798. Same as No. 1 of 1796, with thirteen stars.
-
-1799-1801, inclusive. None issued.
-
-1802. Same as 1798.
-
-1803. None issued.
-
-1804 to 1807, inclusive. Same as 1798.
-
-1808. Same type as No. 2 half-eagle of 1807, with “2½ D.”
-
-1809 to 1820, inclusive. None issued.
-
-1821. Obverse: Same type as the half-eagle of 1813, size 12.
-
-Reverse: Same type as No. 2 half-eagle of 1807.
-
-1822 and 1823. None issued.
-
-1824-1827, inclusive. Same as 1821.
-
-1828. None issued.
-
-1829 to 1833, inclusive. Same as 1821.
-
-1834. No. 1. Same as 1821. No. 2. Same type as No. 2 half-eagle of 1834,
-size 11.
-
-1835 to 1839, inclusive. Same as No. 2 of 1834.
-
-1840 to 1865. Same type as the eagle of 1834.
-
-1866. Same type as eagle of 1866.
-
-
-_Dollar._
-
-Authorized to be coined, Act of March 3, 1849. Weight, 25.8 grains;
-fineness, 900.
-
-1849 to 1853, inclusive. Obverse: Same type as the eagle, without date.
-
-Reverse: “1 DOLLAR 1849” within a laurel wreath, “UNITED STATES OF
-AMERICA.” Size 8.
-
-1854. No. 1, Same. No. 2. Same type as the three-dollar piece, size 9.
-
-
-SILVER.
-
-
-_Dollar._
-
-Authorized to be coined, Act of April 2, 1792. Weight, 416 grains;
-fineness, 892.4. Weight changed, Act of January 18, 1837, to 412½ grains.
-Fineness changed, Act of January 18, 1837, to 900. Coinage discontinued,
-Act of February 12, 1873. Coinage reauthorized, Act of February 28, 1878.
-
-1794. Obverse: Liberty head, facing right, flowing hair, fifteen stars;
-above, “LIBERTY;” beneath, “1794.”
-
-Reverse: An eagle with raised wings, encircled by branches of laurel
-crossed; “UNITED STATES OF AMERICA.” On the edge, “HUNDRED CENTS, ONE
-DOLLAR OR UNIT.” Size, 24.
-
-1795. No. 1. Same.
-
-1795. No. 2. Bust of Liberty, facing right, hair bound by a ribbon,
-shoulders draped, fifteen stars.
-
-Reverse: An eagle with expanded wings, standing upon clouds, within a
-wreath of palm and laurel, which is crossed and tied. “UNITED STATES OF
-AMERICA.”
-
-1796. Same as No. 2, of 1795.
-
-1797. No. 1. Same as No. 2 of 1795, with sixteen stars, six of which are
-facing.
-
-1797. No. 2. Same, with seven stars facing.
-
-1798. No. 1. Same as No. 2 of 1795, with fifteen stars.
-
-1798. No. 2. Same, with thirteen stars.
-
-1798. No. 3. Obverse: Same, with thirteen stars.
-
-Reverse: An eagle with raised wings, bearing the United States shield
-upon its breast, in beak, a scroll inscribed “E PLURIBUS UNUM.” A bundle
-of thirteen arrows in the right talon, and an olive branch in the left.
-Above, are clouds, and thirteen stars. “UNITED STATES OF AMERICA.” Size,
-25.
-
-1799 to 1804, inclusive. Same as No. 3, of 1798.
-
-1805 to 1839, inclusive. None issued.
-
-1840 to 1865, inclusive. Obverse: Liberty seated upon a rock, supporting
-with her right hand the United States shield, across which floats a
-scroll inscribed “LIBERTY,” and with her left the staff and liberty cap;
-beneath, the date.
-
-Reverse: An eagle with expanded wings, bearing the United States shield
-upon its breast, and an olive branch and three arrows in its talons.
-“UNITED STATES OF AMERICA.” “ONE DOLL.” Reeded edge; size, 24.
-
-1866 to 1873, inclusive. Same, with a scroll above the eagle, inscribed,
-“IN GOD WE TRUST.”
-
-1874 to 1877, inclusive. None issued.
-
-1878. Obverse: Liberty head facing left, upon which is a cap, a wheat and
-cotton wreath, and a band inscribed “LIBERTY;” above, “E PLURIBUS UNUM;”
-beneath, the date. Thirteen stars.
-
-Reverse: An eagle with expanded wings pointing upwards; in right talon an
-olive branch with nine leaves; in the left, three arrows. In the field
-above, “IN GOD WE TRUST;” beneath, a semi-wreath, tied and crossed,
-reaching upwards to the wings; “UNITED STATES OF AMERICA.” Some pieces of
-the above date (1878) were coined with eight feathers in the tail during
-the year, but seven have been adopted.
-
-
-_Trade Dollar._
-
-Authorized to be coined, Act of February 12, 1873. Weight, 420 grains;
-fineness, 900.
-
-1873. Obverse: Liberty seated upon a cotton bale, facing left; in her
-extended right hand an olive branch; in her left a scroll inscribed
-“LIBERTY;” behind her a sheaf of wheat; beneath, a scroll inscribed “IN
-GOD WE TRUST;” thirteen stars; “1873.”
-
-Reverse: An eagle with expanded wings; in talons three arrows and an
-olive branch; above, a scroll inscribed “E PLURIBUS UNUM;” beneath, on
-field, “420 grains;” “900 fine.” “UNITED STATES OF AMERICA.” Size, 24.
-
-
-_Half Dollar._
-
-Authorized to be coined, Act of April 2, 1792. Weight, 208 grains;
-fineness, 892.4. Weight changed, Act of January 18, 1837, to 206¼ grains.
-Fineness changed, Act of January 18, 1837, to 900. Weight changed, Act
-of February 21, 1853, to 192 grains. Weight changed, Act of February 12,
-1873, to 12½ grammes, or 192.9 grains.
-
-1794 and 1795. Same type as the dollar of 1794. On the edge, “FIFTY CENTS
-OR HALF A DOLLAR.” Size, 21.
-
-1796. No. 1. Same type as No. 2, dollar of 1795, with the denomination,
-“½,” inscribed on the base of the reverse. No. 2. Same, with sixteen
-stars on the obverse.
-
-1797. Same as No. 2, of 1796.
-
-1798 to 1800, inclusive. None issued.
-
-1801 to 1803, inclusive. Same type as No. 3, dollar of 1798.
-
-1804. None issued.
-
-1805 and 1806. Same as No. 3, dollar of 1798.
-
-1807. No. 1. Same.
-
-No. 2. Obverse: Liberty head facing left, wearing a kind of turban, with
-“LIBERTY” inscribed upon the band. Thirteen stars and date.
-
-Reverse: An eagle with expanded wings pointing downwards, bearing upon
-its breast, the U. S. Shield, an olive branch and three arrows in its
-talons; above, in the field, a scroll inscribed “E PLURIBUS UNUM;”
-beneath 50 C. “UNITED STATES OF AMERICA.”
-
-1808 to 1835 inclusive, same as No. 2 of 1807.
-
-1836. No. 1. Same as No. 2 of 1807.
-
-No. 2. Obverse: Same.
-
-Reverse: An eagle with expanded wings pointing downwards, the U. S.
-shield upon its breast, an olive branch and three arrows in its talons,
-“UNITED STATES OF AMERICA,” reeded edge.
-
-1837. Same as No. 2 of 1836.
-
-1838. Obverse: Same as No. 2 of 1836.
-
-Reverse: Same; “HALF DOL.” for “50 C.”
-
-1839. No. 1. Same as 1838.
-
-No. 2. Same type as dollar of 1840.
-
-1840 to 1852 inclusive, same.
-
-1853. Obverse: Same with an arrow head on each side of the date.
-
-Reverse: Same, with a halo of rays around the edge.
-
-1854. Same, without the rays.
-
-1855. Same.
-
-1856 to 1865 inclusive, same, without the arrow heads.
-
-1866 to 1872 inclusive, same, with scroll above the eagle inscribed “IN
-GOD WE TRUST.” (Some have been occasionally met with, which have been
-issued by the San Francisco Mint, _without_ this legend in 1866.)
-
-1873. No. 1. Same.
-
-No. 2. Same, with arrow heads on each side of the date.
-
-1874. Same.
-
-1875. Same, without the arrow heads.
-
-
-_Quarter Dollar._
-
-Authorized to be coined, Act of April 2, 1792. Weight, 104 grains;
-fineness, 892.4. Weight changed, Act of January 18, 1837, to 103½ grains.
-Fineness changed, Act of January 18, 1837, to 900. Weight changed, Act
-of February 21, 1853, to 96 grains. Weight changed, Act of February 12,
-1873, to 6¼ grammes, or 96.45 grains.
-
-1796. Same type as No. 2 dollar of 1795, with reeded edge; size, 18;
-fifteen stars.
-
-1797 to 1803. None issued.
-
-1804 to 1807, inclusive. Same type as No. 3 dollar of 1798, beneath,
-“25c.”
-
-1808 to 1814, inclusive. None issued.
-
-1815. Same type as No. 2 half dollar of 1807.
-
-1816 and 1817. None issued.
-
-1818 to 1825, inclusive. Same type as No. 2 half dollar of 1807, size 17.
-
-1826. None issued.
-
-1827 and 1828. Same type as No. 2 half dollar of 1807.
-
-1829 and 1830. None issued.
-
-1831 to 1837, inclusive. Same type as half dollar of 1807, with the
-diameter reduced from size 17 to size 15, and a corresponding increase in
-thickness and decrease of the size of devices, and the omission of the
-scroll, inscribed “E PLURIBUS UNUM.”
-
-1838. No. 1. Same as 1837. No. 2. Same type as the dollar of 1840, with
-“QUAR. DOL.” for “ONE DOLL.”
-
-1839 to 1852, inclusive. Same as No. 2 of 1838.
-
-1853. No. 1. Same. No. 2. Same, with arrow heads on each side of date,
-and a halo of rays around the edge.
-
-1854 and 1855. Same, without the rays.
-
-1856 to 1865. Same, without the arrow heads.
-
-1866 to 1872, inclusive. Same, with the scroll above the eagle, inscribed
-“IN GOD WE TRUST.”
-
-1873. No. 1. Same. No. 2. Same, with an arrow head on each side of the
-date.
-
-1874. Same.
-
-1875. Same, without the arrow head.
-
-
-_Twenty-Cent Piece._
-
-Authorized to be coined, Act of March 3, 1875. Weight, 5 grammes, or
-77.16 grains; fineness, 900. Coinage discontinued, Act of May 2, 1878.
-
-1875 to 1878, inclusive. Obverse: Same type as the dollar of 1840.
-
-Reverse: An eagle with displayed wings, three arrows, and an olive
-branch, two of the leaves of which nearest the stem, together with those
-drooping from the centre, overlap; the terminating leaves on the end of
-the branch, however, do not. On each side a star. Plain edge. “UNITED
-STATES OF AMERICA.” “TWENTY CENTS.” Size, 14.
-
-
-_Dime._
-
-Authorized to be coined, Act of April 2, 1792. Weight, 41.6 grains;
-fineness, 892.4. Weight changed, Act of January 18, 1837, to 41¼ grains.
-Fineness changed, Act of January 18, 1837, to 900. Weight changed, Act of
-February 21, 1853, to 38.4 grains. Weight changed, Act of February 12,
-1873, to 2½ grammes, or 38.58 grains.
-
-1796. Same type as the No. 2 dollar of 1795; size 13; fifteen stars.
-
-1797. No. 1. Same, with sixteen stars on the obverse. No. 2. Same, with
-thirteen stars on the obverse.
-
-1798. No. 1. Same type as No. 3 dollar of 1798, with sixteen stars. No.
-2. With thirteen stars on the obverse.
-
-1799. None issued.
-
-1800 to 1805, inclusive. Same as No. 3 of 1798.
-
-1806. None issued.
-
-1807. Same as No. 2 of 1798.
-
-1808. None issued.
-
-1809. Same type as No. 2 half-dollar of 1807; size, 12.
-
-1810. None issued.
-
-1811. Same as 1809.
-
-1812 to 1813, inclusive. None issued.
-
-1814. Same as 1809.
-
-1815 to 1819, inclusive. None issued.
-
-1820 to 1825, inclusive. Same as 1809.
-
-1826. None issued.
-
-1827 to 1836, inclusive. Same as 1809.
-
-1837. No. 1. Same as 1809. No. 2. Obverse: Liberty seated. No stars.
-
-Reverse: “ONE DIME” within a wreath of laurel. “UNITED STATES OF
-AMERICA.” Size, 11.
-
-1838. No. 1. Same as No. 2 of 1837. No. 2. Same, with thirteen stars.
-
-1839 to 1852, inclusive. Same as No. 2 of 1838.
-
-1853. No. 1. Same. No. 2. Same, with an arrow head on each side of the
-date.
-
-1854 and 1855. Same as No. 2 of 1853.
-
-1856 to 1859, inclusive. Same, without arrow heads.
-
-1860 to 1872, inclusive. Obverse: Same, with “UNITED STATES OF AMERICA”
-instead of stars.
-
-Reverse: “ONE DIME” within a wreath of corn, wheat, cotton, and tobacco.
-
-1873. No. 1. Same. No. 2. Same, with an arrow head on each side of the
-date.
-
-1874. Same as No. 2 of 1873.
-
-1875. Same, without arrow heads.
-
-
-_Half Dime._
-
-Authorized to be coined, Act of April 2, 1792. Weight, 20.8 grains;
-fineness, 892.4. Weight changed, Act of January 18, 1837, to 20⅝ grains.
-Fineness changed, Act of January 18, 1837, to 900. Weight changed, Act of
-February 21, 1853, to 19.2 grains. Coinage discontinued, Act of February
-12, 1873.
-
-1794 and 1795. Same type as the half dollar; size, 10.
-
-1796. Same type as No. 2 dollar of 1795; fifteen stars.
-
-1797. No. 1. Same, with fifteen stars. No. 2. Same, with sixteen stars.
-No. 3. Same, with thirteen stars.
-
-1798 and 1799. None issued.
-
-1800 to 1803, inclusive. Same type as No. 3 dollar of 1798.
-
-1804. None issued.
-
-1805. Same as 1800.
-
-1806 to 1828, inclusive. None issued.
-
-1829 to 1873. See dime.
-
-
-_Three Cent Piece._
-
-Authorized to be coined, Act of March 3, 1851. Weight, 12⅜ grains;
-fineness, 750. Weight changed, Act of March 3, 1853, to 11.52 grains.
-Fineness changed, Act of March 3, 1853, to 900. Coinage discontinued, Act
-of February 12, 1873.
-
-1851 to 1853, inclusive. Obverse: A star bearing the United States
-shield. “UNITED STATES OF AMERICA.”
-
-Reverse: An ornamented “C,” within which is the denomination “III,”
-around the border, thirteen stars; size, 9.
-
-1854 to 1858. Obverse: Same, with two lines around the star.
-
-Reverse: An olive branch above the “III,” and three arrows below, all
-within the “C.”
-
-1858 to 1873, inclusive. Same, with one line around the star.
-
-
-MINOR COINS.
-
-
-_Five cent piece. (Nickle.)_
-
-Authorized to be coined, Act of May 16, 1866. Weight, 77.16 grains;
-composed of 75 per cent. copper, and 25 per cent. nickle.
-
-1866. Obverse: A United States shield surmounted by a cross, an olive
-branch pendent at each side, back of the base of the shield are two
-arrows, the heads and feathers are only visible; beneath, “1866;” above,
-in the field, “IN GOD WE TRUST.”
-
-Reverse: “5” within a circle of thirteen stars, and rays, “UNITED STATES
-OF AMERICA.” Size, 13.
-
-1867. Same. No. 2. Same, without the rays.
-
-1868. Same as No. 2 of 1867.
-
-1869 to 1882. Same as No. 2 of 1867.
-
-1883. No. 1. Same. No. 2. Obverse: Liberty head wearing a coronet which
-is inscribed “LIBERTY,” thirteen stars, and date, “1883.”
-
-Reverse: A “V” within a wreath of corn and cotton. Legend, “UNITED STATES
-OF AMERICA.” Exergue, “E PLURIBUS UNUM.” No. 3, Obverse: Same as No. 2.
-
-Reverse: Same, with “CENTS” as the exergue, and “E PLURIBUS UNUM” above
-the wreath.
-
-1884. Same as No. 3 of the preceding.
-
-
-_Three cent piece. (Nickle.)_
-
-Authorized to be coined, Act of April 3, 1865. Weight, 30 grains;
-composed of 75 per cent. copper, and 25 per cent. nickle.
-
-1865. Obverse: Liberty head, facing left, hair bound by a ribbon, on the
-forehead a coronet inscribed “LIBERTY;” beneath, the date, “UNITED STATES
-OF AMERICA.”
-
-Reverse: “III” within a laurel wreath.
-
-
-_Two Cent Piece (bronze)._
-
-Authorized to be coined, Act of April 22, 1864. Weight, 96 grains,
-composed of ninety-five per cent. copper and five per cent. of tin and
-zinc. Coinage discontinued, Act of February 12, 1873.
-
-1864 to 1873, inclusive. Obverse: The United States shield, behind which
-are two arrows, crossed, on each side a branch of laurel; above, a scroll
-inscribed “IN GOD WE TRUST”; beneath, the date.
-
-Reverse: “2 CENTS” within a wreath of wheat. “UNITED STATES OF AMERICA.”
-Size, 14.
-
-
-_Cent (copper)._
-
-Authorized to be coined, Act of April 22, 1792. Weight, 264 grains.
-Weight changed, Act of January 14, 1793, to 208 grains. Weight changed
-by proclamation of the President, January 26, 1796, in conformity with
-an Act of March 3, 1795, to 168 grains. Coinage discontinued, Act of
-February 21, 1857.
-
-1793. No. 1. Obverse: Liberty head, facing right, flowing hair. Above,
-“LIBERTY”: beneath, “1793.”
-
-Reverse: A chain of fifteen links, within which is inscribed “ONE CENT”
-and the fraction “⅟₁₀₀.” United States of America; reeded edge; size, 17.
-
-No. 2. Same, with the abbreviation “AMERI.” in the Legend.
-
-No. 3. Obverse: Same as No. 1, with a sprig beneath.
-
-Reverse: “ONE CENT” within a wreath of laurel. “UNITED STATES OF
-AMERICA.” Reeded edge.
-
-No. 4. Obverse: A bust of Liberty, facing right, with pole and liberty
-cap. Above, “LIBERTY”; beneath, “1793.”
-
-Reverse: Same as No. 3; on the edge, “ONE HUNDRED FOR A DOLLAR.” Size, 18.
-
-1794 and 1795. Same as No. 4 of 1793.
-
-1796. No. 1. Same. No. 2. Same, with hair bound by a ribbon, and without
-pole and liberty cap on the obverse. Plain edge.
-
-1797 to 1807 inclusive. Same as No. 2 of 1796.
-
-1808 to 1814, inclusive. Obverse: Liberty head, facing left, hair
-confined by a band, inscribed “LIBERTY.” Thirteen stars and date.
-
-Reverse: “ONE CENT,” within a laurel wreath. “UNITED STATES OF AMERICA.”
-The fraction “⅟₁₀₀” is omitted.
-
-1815. None issued.
-
-1816. Obverse: Liberty head, facing left, the hair is confined by a
-roll, and tied by a cord, while the forehead is bedecked with a tiara,
-inscribed “LIBERTY.”
-
-Reverse: Same as 1808.
-
-1817. No. 1. Same. No. 2. Same, with fifteen stars.
-
-1818 to 1836. Same as No. 1 of 1817.
-
-1837. No. 1. Same. No. 2. Same, with the hair tied by a string of beads
-instead of a cord.
-
-1838 to 1857, inclusive. Same as No. 2 of 1837.
-
-
-_Cent (Nickle)._
-
-Authorized to be coined, Act of February 21, 1857. Weight 72 grains;
-composed of 88 per cent. copper and 12 per cent. nickle. Coinage
-discontinued, Act of April 22, 1864.
-
-1857 and 1858, Obverse: An eagle flying to the left. “UNITED STATES OF
-AMERICA.”
-
-Reverse: “ONE CENT,” within a wreath of corn, wheat, cotton, and tobacco.
-Size, 11.
-
-1859. Obverse: An Indian-head, facing left, bedecked with eagle plumes,
-confined. “UNITED STATES OF AMERICA.” Beneath, the date.
-
-Reverse: “ONE CENT.” within a wreath of laurel.
-
-1860 to 1864, inclusive. Obverse: Same.
-
-Reverse: “ONE CENT,” within an oak wreath and shield.
-
-
-_Cent (Bronze)._
-
-Coinage authorized, Act of April 22, 1857. Weight, 48 grains; composed of
-95 per cent. copper and 5 per cent. of tin and zinc.
-
-1864. Same type as nickle cent of 1860. Size, 12.
-
-
-_Half Cent (Copper)._
-
-Authorized to be coined, Act of April 2, 1792. Weight, 132 grains. Weight
-changed, Act of January 14, 1793, to 104 grains. Weight changed by
-proclamation of the President, January 26, 1796, in conformity with Act
-of March 3, 1795, to 84 grains. Coinage discontinued, Act of February 21,
-1857.
-
-1793. Same type as cent No. 4, 1793, with head facing left. On the edge,
-“TWO HUNDRED FOR A DOLLAR.” Size, 14.
-
-1794. Same type as the cent of 1794.
-
-1795 to 1797, inclusive. Same, with plain edge.
-
-1798 and 1799. None issued.
-
-1800. Same type as No. 2 cent of 1796, with the fraction “⅟₂₀₀” on the
-base of the reverse.
-
-1801. None issued.
-
-1802 to 1808, inclusive. Same as 1800. From 1808, the fraction “⅟₂₀₀”
-omitted.
-
-1809 to 1811, inclusive. Same type as cent of 1808.
-
-1812 to 1824, inclusive. None issued.
-
-1825 and 1826. Same type as cent of 1808.
-
-1827. None issued.
-
-1828. No. 1. Same type as cent 1808, with thirteen stars. No. 2. Same,
-with twelve stars.
-
-1829. Same, with thirteen stars.
-
-1830. None issued.
-
-1831 to 1836, inclusive. Same type as cent of 1808.
-
-1837 to 1839, inclusive. None issued.
-
-1840 to 1857, inclusive. Same type as No. 2 cent of 1837; size, 14.
-
-
-
-
-THOMAS JEFFERSON,
-
-
-an eminent American Statesman, and third President of the United States,
-was born April 2, 1743, at Shadwell, Virginia, near the spot which
-afterwards became his residence, with the name of Monticello. He was the
-oldest son in a family of eight children. His father, Peter Jefferson,
-was a man of great force of character and of extraordinary physical
-strength. His mother, Jane Randolph, of Goochland, was descended from
-an English family of great note and respectability. Young Jefferson
-began his classical studies at the age of nine, and at seventeen he
-entered an advance class at William and Mary College; on his way thither,
-he formed the acquaintance of Patrick Henry, who was then a bankrupt
-merchant, but who afterwards became the great orator of the Revolution.
-At college, Jefferson was distinguished by his close application, and
-devoted, it is said, from twelve to fifteen hours per day to study, and
-we are told became well versed in Latin, Greek, Italian, French, and
-Spanish, at the same time proficient in his mathematical studies. After
-a few years course of law under Judge Wythe, he was admitted to the bar
-in 1767. His success in the legal profession was remarkable; his fees
-during the first year amounted to nearly three thousand dollars. In
-1769, Jefferson commenced his public career as a member of the Virginia
-House of Burgesses, in which he had while a student of law, listened to
-Patrick Henry’s great speech on the Stamp Act. In 1773 he united with
-Patrick Henry and other revolutionary patriots in devising the celebrated
-committee of correspondence for disseminating intelligence between the
-Colonies, of which Jefferson was one of the most active and influential
-members. He was elected in 1774 to a convention to choose delegates to
-the first Continental Congress at Philadelphia, and introduced at that
-convention his famous “Summary view of the rights of British America.”
-On the 21st of June, 1775, Jefferson took his seat in the Continental
-Congress. His reputation as a Statesman and accomplished writer at once
-placed him among the leaders of that renowned body. He served on the
-most important committees, and among other papers drew up the reply of
-Congress to the proposal of Lord North, and assisted in preparing in
-behalf of the Colonies, a declaration of the cause of taking up arms
-against the Mother Country. The rejection of a final petition to King
-George, destroyed all hope of an honorable reconciliation with England.
-Congress, early in 1776, appointed a committee to draw up a Declaration
-of Independence, of which Jefferson was made Chairman; in this capacity
-he drafted, at the request of the other members of the committee,
-(Franklin, Adams, Sherman, and Livingston), and reported to Congress,
-June 28, the great Charter of Freedom, known as the “Declaration of
-American Independence,” which, on July 4, was unanimously adopted, and
-signed by every member present, with a single exception. “The Declaration
-of Independence,” says Edward Everett, “is equal to anything ever borne
-on parchment, or expressed in the visible signs of thought.” “The heart
-of Jefferson in writing it,” adds Bancroft, “and of Congress in adopting
-it, _beat for all humanity_.” After resigning his seat in Congress,
-Jefferson revised the laws of Virginia; among other reforms, he procured
-the repeal of the laws of entail, the abolition of primogeniture, and
-the restoration of the rights of conscience, a reform which he believed
-would abolish “every fibre of ancient or future aristocracy;” he also
-originated a complete system of elementary and collegiate education
-for Virginia. In 1779, Jefferson succeeded Patrick Henry as Governor
-of Virginia, and held the office during the most gloomy period of the
-Revolution, and declined a re-election in 1781. In 1783, he returned to
-Congress, and reported the treaty of peace, concluded at Paris, September
-3, 1783, acknowledging the independence of the United States. He also
-proposed and carried through Congress a bill establishing the present
-Federal system of coinage, which took the place of the English pounds,
-shillings, pence, etc., and also introduced measures for establishing a
-Mint in Philadelphia, (the first public building built by the general
-Government, still standing on Seventh street, east side, near Filbert).
-In 1785, he succeeded Dr. Franklin as resident Minister at Paris. In
-organizing the Government after the adoption of the Constitution, he
-accepted the position of Secretary of State, tendered him by President
-Washington during his first term. Jefferson was Vice-President of the
-United States from 1797 to 1801, and President for the two consecutive
-terms following. After participating in the inauguration of his friend
-and successor, James Madison, Jefferson returned to Monticello, where
-he passed the remainder of his life in directing the educational and
-industrial institutions of his native State and entertaining his many
-visitors and friends. His death occurred on the same day with that of
-John Adams, July 4, 1826.
-
-
-
-
-ALEXANDER HAMILTON,
-
-
-Statesman, orator, and financier, born in the West Indian island of
-Nevis, 11th of January, 1757. His father was a Scotch merchant, and his
-mother was the daughter of a French Huguenot. He was educated at King’s
-College, N. Y. When he was 18 years of age he surprised the people by his
-public speeches and pamphlets in favor of American independence. He was
-commissioned Captain of a Company of Artillery in March, 1776, and served
-with distinction at the battles of Long Island, White Plains, Trenton,
-and Princeton, and was appointed Aid-de-camp and Private Secretary to
-General Washington in March, 1777, and gained his special favor and
-confidence in planning campaigns and devising means to support the
-army. In 1782 he was elected a member of the Continental Congress, and
-Washington expressed the opinion that no one excelled him in probity and
-sterling virtue. He was an active member of an anti-slavery party in New
-York, and offered a resolution in 1784, that every member of that society
-should liberate his own slaves. He was a delegate to the convention
-which met in Philadelphia in May, 1787, to form a Federal Constitution
-and to promote the Union of the States, and it appears was the principal
-author of the movement. Hamilton was appointed Secretary of the Treasury
-in 1789, at the time the nation was burdened with a heavy debt, almost
-destitute of credit, and on the verge of bankruptcy. The results of his
-financial policy were the restoration of public credit, protection to
-American industry, and a rapid revival of trade and commerce. He resigned
-his office to resume his practice of law, January 31, 1795. He declined
-the position of Chief Justice of the Supreme Court of the United States
-previously tendered him. Washington testified his great esteem for
-Hamilton by consulting him in the preparation of his Farewell Address, as
-well as in many other acts of his noble career.
-
-In 1804, Aaron Burr, presenting himself as a candidate for Governor
-of New York, but Hamilton opposed his election expressing the opinion
-that “Burr was a dangerous man and unfit to be trusted with power.”
-The election of Gen. Lewis blasted the ambitious projects of Burr, who
-insolently demanded an explanation of Hamilton, and finally challenged
-him, Hamilton accepted the challenge, was mortally wounded at Weehawken,
-and died July 12, 1804. His death was profoundly lamented throughout the
-country.
-
-NOTE.—His eldest son had been killed in a duel by a political adversary
-about 1802. Mr. Hamilton was the principal author of the Federalist, and
-the real father of our financial system. Immediately after adopting the
-constitution, he strongly advocated the establishment of a Mint, so that
-the New World would not be dependant on the Old for a circulating medium.
-
-
-
-
-HON. JAMES PUTNAM KIMBALL,
-
-PRESIDENT DIRECTOR OF ALL THE MINTS,
-
-
-was born in Salem, Mass., April 26, 1836. After graduating at the High
-School of his native town in 1854, he entered the Lawrence Scientific
-School of Harvard University. In the summer of the following year he went
-to Germany, and matriculated at the University of Frederick Wilhelm,
-Berlin, in the Fall of the same year, and was graduated at the University
-of George Augusta, at Gottingen, in the Autumn of 1857, with the degrees
-of Master of Arts and Doctor of Philosophy. Upon his graduation he
-entered upon a practical course in Mining and Metallurgy, at the Mining
-School of Freiburg, in Saxony.
-
-After making a tour of the Continent and England, he returned home
-and engaged as the Assistant of Prof. J. D. Whitney, now of Harvard
-University, in the State Geological Surveys of the States of Wisconsin
-and Illinois, embracing the Upper Mississippi lead region. He continued
-with Prof. Whitney during the survey, comprising the southeastern part of
-Iowa.
-
-On the establishment of the New York State Agricultural College at Ovid,
-the foundation of which was subsequently merged with that of Cornell
-University, Dr. Kimball was appointed to the Chair of Professor of
-Chemistry and Economic Geology. Upon the appointment of the President
-of the college, Gen. Patrick, as Brigadier-General of Volunteers, Dr.
-Kimball became that officer’s Chief of Staff, with a commission from
-the President of the United States, as Assistant Adjutant-General of
-Volunteers, with the rank of Captain. This was in 1862. His first
-service in the field was with the Army of the Rappahannock, under Gen.
-McDowell. He took part in numerous engagements, notably, those of
-Groveton, Manassas, Chantilly, South Mountain, Antietam, Fredericksburg,
-Chancellorsville, and Gettysburg. General Patrick having been assigned
-to duty as Provost-Marshal of the Army of the Potomac, Capt. Kimball
-accompanied him, and served on the General Staff of that army under
-Generals McClellan, Burnside, Hooker, and Meade, successively.
-
-When the army went into winter quarters, Capt. Kimball, whose health
-had become impaired, resigned from the army, and settled in New York.
-He resumed the practice of his profession as Mining Engineer and
-Metallurgist. Upon his marriage, in 1874, he accepted an honorary
-Professorship in Lehigh University, Bethlehem, Pa., removing from New
-York to one of the houses in the beautiful park and grounds of that
-institution, though retaining his office and business in New York City.
-
-Dr. Kimball has been largely identified with the mineral development
-of Bedford County, Pa., and at the time of his appointment as Director
-of the Mints, was President of the Everett Iron Company, whose blast
-furnace, built in 1883-84, is one of the largest and finest in this
-country. As a scientist he is a contributor to various scientific
-journals at home and abroad, and among others the _American Journal of
-Science_, published at New Haven. Several of his papers have appeared
-in the proceedings of the American Institute of Mining Engineers, of
-which he has been Vice President. Dr. Kimball has traveled extensively
-in the United States, Mexico, and the West Indies, in prosecuting his
-professional practice, and as a man of scientific accomplishments and of
-affairs, bears a deservedly high reputation.
-
-Dr. Kimball comes of Revolutionary stock. His paternal great-grandfather,
-William Russell, of Boston, was associated with the Sons of Liberty, and
-the leaders in public affairs in the times that tried men’s souls. He was
-present, disguised as an Indian, and assisted in the famous Tea Party in
-Boston harbor on the memorable 16th of December, 1773. Later, Mr. Russell
-was adjutant of the Massachusetts Artillery, raised for the defense of
-Boston, and which served in the Rhode Island campaign of 1777-78. Still
-later, while serving as Secretary to Commander John Manley, of the U. S.
-war vessel Jason, Russell was captured by the British frigate Surprise,
-and confined in Mill prison till June 24, 1782, when he was exchanged.
-But so sturdy a patriot could not rest unemployed, and twenty days after
-his liberation, found him again in the naval service. He was again made
-prisoner by the British, in November following, and consigned to the
-notorious British prison ship, Jersey, lying off New York.
-
-An anecdote is related by Mr. James Kimball, father of the subject of
-this sketch, in a memoir on the Tea Party in Boston harbor furnished
-the Essex Institute Historical collections (1874), which illustrates
-the temper of Mr. Russell as a patriot. Returning to his home after the
-destruction of the tea, he took off his shoes, and carefully dusted them
-over the fire; he then took the tea canister and emptied its contents.
-Next morning he had printed on one side of the canister, “Coffee,” and on
-the other, “No Tea.” This was the brief decree of banishment promulgated
-by the Tea Destroyers, and the prohibited luxury disappeared from their
-tables.
-
-
-
-
-HON. JOHN JAY KNOX.
-
-Late Comptroller of the Currency, now President of the National Bank of
-the Republic, New York City, we are indebted to _The Financier, August,
-1885_, for the following biographical sketch:
-
-
-Hon. John Jay Knox was Comptroller or Deputy Comptroller of the National
-currency for seventeen years. He was born in Oneida county, New York,
-March 19, 1828. His ancestors were Scotch Irish, and came originally
-from Strabane, County Tyrone, Ireland, in 1759. He received his early
-education at the Augusta Academy and the Watertown Classical Institute,
-and was graduated from Hamilton College in the Class of 1849. Among those
-in college with him were Senator Hawley of Connecticut, and Chas. Dudley
-Warner. After leaving college he became teller in a bank at Vernon, of
-which his father was President, at a salary of $300 a year, where he
-remained from 1850 to 1852. He spent some time in the Burnet Bank at
-Syracuse, and was afterwards cashier of the Susquehanna Valley Bank at
-Binghampton. He and his brother, Henry M. Knox, established a banking
-house at St. Paul, Minnesota, in 1857, shortly before that State was
-admitted into the Union.
-
-The first steamboat launched on the Red River of the North, establishing
-a most important communication for the business interests of Minnesota,
-was transported in the dead of winter across country on runners, from
-Sauk Rapids to Breckenridge, and Mr. Knox was one of the few who paid the
-expenses of the enterprise.
-
-In the financial discussions which preceded the establishment of the
-National banks, Mr. Knox took a prominent part, and made many valuable
-suggestions on the currency question. He advocated a safe and convertible
-currency, the issue of a uniform series of circulating notes to all the
-banks, and the guarantee by the Government of circulation secured by its
-own bonds.
-
-In 1862 he was introduced to Secretary Chase and the Hon. Hugh McCulloch,
-then Comptroller of the currency. The attention of the Secretary had
-previously been attracted to the financial articles of Mr. Knox,
-published in _Hunt’s Merchants’ Magazine_.
-
-He was shortly afterward appointed to a clerkship under Treasurer
-Spinner, and was subsequently transferred to the office of Mr. Chase, as
-disbursing clerk, at a salary of $2,000 a year. After three years in this
-position he became cashier of the Exchange National Bank at Norfolk, Va.,
-but finding the southern climate uncongenial, after a year he returned
-to Washington. He was commissioned by Secretary McCulloch to examine the
-mint at San Francisco, and to select a site there for a new one. His
-report upon the Mint service of the Pacific Coast was printed in the
-Finance Report of 1866, with a complimentary notice by the Secretary. The
-site selected was purchased from Eugene Kelly of New York for $100,000.
-
-He subsequently visited New Orleans and discovered a deficiency of
-$1,100,000 in the office of the Assistant Treasurer. He took possession
-of that office, and for some weeks acted as Assistant Treasurer of the
-United States.
-
-The promotion of Mr. Knox to the office in which he was able to do
-himself the most credit, and perform those services to the country which
-are part and parcel of its financial progress, occurred in 1867. At this
-time a vacancy was brought about in the Deputy-Comptrollership of the
-Currency, and Secretary McCulloch appointed him to fill it. Until May 1,
-1884, he remained as Deputy or head of the Bureau, his terms of office
-being as follows: Five years as Deputy-Comptroller, from 1867 to 1872;
-five years as Comptroller, from 1872 to 1877, appointed by General Grant;
-five years, second term as Comptroller, from 1877 to 1882, by President
-Hayes, on the recommendation of Secretary Sherman—the reappointment being
-made without his knowledge, before the expiration of the preceding term,
-and confirmed by the Senate without reference to any committee. He was
-again reappointed, by President Arthur, April 12, 1882.
-
-In 1870 he made an elaborate report to Congress (Senate Mis. Doc., No.
-132, XLI. Cong., 2d Sess.), including a codification of the Mint and
-Coinage laws, with important amendments, which was highly commended.
-The bill which accompanied the report comprised, within the compass of
-twelve pages of the Revised Statutes, every important provision contained
-in more than sixty different enactments upon the Mint and Coinage of
-the United States—the result of eighty years of legislation. This bill,
-with slight amendments, was subsequently passed, and is known as “The
-Coinage Act of 1873;” and the Senate Finance Committee, in recognition of
-his services, by an amendment, made the Comptroller of the Currency an
-_ex-officio_ member of the Assay Commission, which meets annually at the
-Mint in Philadelphia for the purpose of testing the weight and fineness
-of the coinage of the year.
-
-Through his official reports, twelve in number, and his addresses on the
-currency question, Mr. Knox has indirectly exercised great influence
-in financial legislation, and he took an active, though quiet and
-unassuming part, in the great financial _coup d’etat_ of the resumption
-of specie payment.
-
-In April, 1878, he accompanied Secretary Sherman and Attorney-General
-Devens to New York, and arranged a meeting between these two members
-of the Cabinet and the officers of ten of the principal banks of the
-city at the National Bank of Commerce, with the view of negotiating the
-sale of $50,000,000 of 4½ per cent. bonds, the avails of which were to
-be used for resumption purposes. The Presidents of the banks, who were
-present, gave Secretary Sherman no encouragement as to the purchase of
-the bonds at the rates proposed by him. Upon the return of the Secretary
-and Comptroller to the Fifth Avenue Hotel, in the evening, they were
-met by August Belmont, who had a cable dispatch from the Rothschilds,
-authorizing a purchase of the whole amount at a premium of one and
-one-half per cent. for the account of the syndicate. Upon the following
-day the Secretary and the Comptroller returned to Washington, after an
-absence of three days, and the success of the negotiation was announced,
-much to the chagrin of some members of the Finance Committee of the House
-of Representatives, who were then bitterly opposing the scheme proposed
-by the Secretary for the resumption of specie payments. This negotiation
-was the first of a series of brilliant financial transactions preceding
-and following resumption on January 1, 1879.
-
-Subsequently he arranged a conference, which was held in the Treasury
-at Washington, in the evening, between leading bank officials of New
-York and Secretaries Sherman and Evarts, which resulted in the admission
-of the Assistant Treasurer as a member of the clearing house, and the
-receipt by the banks of legal tender notes on a par with gold; and in
-1881, by request of President Garfield, he attended a conference in New
-York between the leading financial men of the city and Secretary Windom
-and Attorney-General McVeagh, which resulted in the issue and successful
-negotiation of three and one-half per cent. bonds.
-
-At the time of his resignation, Mr. Knox was the oldest officer in term
-of service in the department. One of the leading financial writers in the
-country, in noticing his retirement, in the _Nation_ said:
-
-“The retirement of Mr. John Jay Knox from the office of Comptroller of
-the Currency is a loss to the public service of no common kind. The
-intelligence which he has brought to the complicated duties of his
-office has never been surpassed in any similar station, and has not
-been equalled in the particular station which he has so long filled.
-The National banking system owes much of its present carefulness in
-detail management to his mastery of all the facts and principles of
-sound finance. His annual reports embrace perhaps the most complete and
-satisfactory arrangement of information needful to the business-man, the
-student, and the legislator that has ever been furnished in this country
-on any economical subject. Mr. Knox resigns the Comptrollership to take
-the Presidency of the National Bank of the Republic of New York City.”
-
-In a speech before the Merchants’ Club of Boston, in February, 1885, Mr.
-Knox alluded to the subjects of civil service reform and the coinage of
-silver in the following trenchant language:
-
-“The platforms of both parties in the late campaign contained nothing but
-platitudes upon the silver question, which should have been the burning
-issue. The candidate of the Republicans seemed to avoid the issue in
-his letter of acceptance, rather than to express the sentiments of the
-best men in his party. The candidate of the Democrats said nothing. Yet
-I am told by good authority that Governor Cleveland is earnest in his
-desire to stop the coinage, and that nothing would please him more than
-to have a clause inserted in an appropriation bill which would repeal
-the law which was passed in the interest of silver miners when the
-whole production is not equal, according to Edward Atkinson, who is an
-authority upon such subjects, to the production of eggs by the hens of
-this country! If Governor Cleveland has the bottom and pluck to carry out
-these two reforms, his administration will be one of the most memorable
-in the annals of the country. It will elevate not only every branch
-of the civil service, but will greatly improve the character of the
-representatives sent to Congress from every State of the Union, and will
-serve to lift the depression which now burdens every industrial interest.
-It will require some intellect to work out these reforms. But it will
-require more bottom than brains, and if he has the grit to stand by his
-pledges, he will have the united support of all intelligent, upright, and
-honest men everywhere without distinction of party.”
-
-Mr. Knox has written a valuable book, which is justly popular, entitled
-“United States Notes.” It is published by the Scribners, and republished
-in London, and is a history of the various issues of paper money by the
-Government, and is said by George Bancroft to be “a clear, thorough,
-able, accurate and impartial work on United States Notes.”
-
-
-
-
-THE COINAGE ACT OF 1873.
-
-
-The enactment of the Mint Law of 1873 marks an era in the Mint Service
-of the United States. Prior to this, the Director of the Mint at
-Philadelphia was the Director of all the Mints—the institution at
-Philadelphia being regarded as the “Mother Mint,” and the others, at San
-Francisco, New Orleans, etc., were called Branch Mints. Each branch had
-its Superintendent, reporting direct to Philadelphia. But the authors of
-the Act of 1873 regarded the Mint Service as so large and important a
-part of the Government, that it should be constituted a separate Bureau
-of the Treasury, with the Director located at Washington. One of the
-promoters of this Act was the Hon. John Jay Knox, late Comptroller of
-the Currency, and now President of the National Bank of the Republic,
-New York. The following sketch of the origin and history of the new law
-may prove of interest. It was originally published in Rhodes’ Journal of
-Banking, July, 1884. Referring to Mr. Knox, the author says:
-
- “In 1870 he made an elaborate report to Congress (Senate Mis.
- Doc. No. 132, XLI. Cong., 2d Sess.), including a codification
- of the Mint and Coinage laws, with important amendments, which
- was highly commended. The method adopted in this codification
- was, first, to arrange in as concise a form as possible the
- coinage laws then in existence, with such additional sections
- and suggestions as seemed valuable. The proposed bill was
- then printed upon paper having a wide margin, and transmitted
- to the officers of the different Mints and Assay offices,
- and to such other gentlemen as were known to be conversant
- and intelligent upon the subject of the coinage, with the
- request that the printed bill should be returned with such
- notes as experience and education should dictate. In this way
- the views of many gentlemen who were conversant with these
- subjects were obtained, with but little inconvenience to such
- correspondents. This correspondence was subsequently published
- by order of Congress, in H. R. Ex. Doc. No. 307, XLI. Cong.,
- 2d Sess. Having received these suggestions, the bill, which
- comprised within the compass of eight or ten pages of the
- Revised Statutes every important provision contained in more
- than sixty different enactments upon the Mint and Coinage of
- the United States—the result of eighty years of legislation—was
- prepared and submitted to Congress. This bill, with but slight
- amendments, was subsequently passed, and was known as ‘The
- Coinage Act of 1873;’ and the Senate Finance Committee, in
- recognition of the services of the Comptroller of the Currency,
- by an amendment, made that officer an _ex-officio_ member of
- the Assay Commission, which meets annually at the Mint in
- Philadelphia for the purpose of testing the weight and fineness
- of the coinage of the year. Upon his suggestion the coinage of
- the silver dollar was discontinued, and the paragraph in the
- report upon this subject was as follows:
-
- “The coinage of the silver dollar-piece, the history of which
- is here given, is discontinued in the proposed bill. It is by
- law the dollar unit; and, assuming the value of gold to be
- fifteen and one-half times that of silver, being about the
- mean ratio for the past six years, is worth in gold a premium
- of about three per cent., its value being $1.03.12, and
- intrinsically more than seven per cent. premium in our other
- silver coins, its value thus being $1.07.42. The present laws
- consequently authorize both a gold dollar unit and a silver
- dollar unit, differing from each other in intrinsic value.
- The present gold dollar-piece is made the dollar unit in the
- proposed bill, and the silver piece is discontinued.”
-
-The first Director of the Mint under this new law, was the Hon. Henry R.
-Linderman. The title of the chief officer at Philadelphia being changed
-to Superintendent—the first incumbent with that title was the Hon. James
-Pollock.
-
-Biographical notices of these officers will be found in their appropriate
-place in this volume.
-
-
-
-
-DIRECTORS OF THE MINT.
-
-
-DAVID RITTENHOUSE, FIRST DIRECTOR OF THE MINT.
-
-Entering the Cabinet, the portraits of the different Directors attract
-attention. That of David Rittenhouse is the copy of a painting by Charles
-Willson Peale. Mr. Rittenhouse was appointed by Washington, April 14,
-1792, and remained in charge of the Mint until June, 1795, when his
-declining health compelled him to resign.
-
-At an early age he indicated mechanical talent of a high order in the
-construction of a clock, and his studies from that time were principally
-mathematical. His genius soon attracted attention, and he was appointed
-by the colonial governor a surveyor, and in that capacity determined the
-famous Mason and Dixon line. He succeeded Benjamin Franklin as President
-of the American Philosophical Society. Mr. Barber, late Engraver of the
-Mint, executed a bronze medal of Dr. Rittenhouse. Possibly, excepting
-Duvivier’s head of Washington after Houdon, it cannot be surpassed in
-the Cabinet. The engraver had a very fine subject, and treated it in the
-highest style of art. On the obverse is “David Rittenhouse,” with date of
-birth and death. On the reverse, inscription, “He belonged to the whole
-human race.”—“Wm. Barber.” This beautiful memento is highly prized.
-
-
-HENRY WILLIAM DESAUSSURE, SECOND DIRECTOR OF THE MINT.
-
-The portrait of Henry William Desaussure, now in the cabinet, was painted
-by Samuel Du Bois, from a daguerreotype taken from a family picture. This
-Director was distinguished for his legal ability, as well as his strict
-integrity. He entered upon his duties with a protest, as he claimed
-no knowledge of the requirements of the position, having long been a
-practicing lawyer; but he was reassured by Alex. Hamilton, then Secretary
-of the Treasury, and proved himself a fine officer for the short term of
-his service. He was appointed by Washington, July 8, 1795, but resigned
-in the following October. Washington not only expressed regret at losing
-so valuable an officer, but consulted him as to the selection of a
-successor.
-
-
-ELIAS BOUDINOT, THIRD DIRECTOR OF THE MINT,
-
-was appointed October 28, 1795, and remained in office eleven years.
-In the summer and autumn of 1797 and the two following years, and also
-of 1802 and 1803, the Mint was closed on account of the ravages of the
-yellow fever. Mr. Boudinot resigned in 1805, and devoted the remainder
-of his life to benevolent and literary pursuits. He died on the 24th of
-October, 1821, at the advanced age of eighty-two. The fine portrait of
-this venerable Director seen in the Cabinet was presented by a relative,
-and is a good copy of a painting by Waldo and Jewett.
-
-
-ROBERT PATTERSON, LL.D., FOURTH DIRECTOR OF THE MINT,
-
-was appointed by President Jefferson, January 17, 1806. He was a native
-of Ireland, distinguished for his acquirements and ability. He held
-the office of Director for an exceptionally long term of service. His
-portrait, which hangs in the Cabinet, is a copy of a fine original by
-Rembrandt Peale.
-
-
-SAMUEL MOORE, M. D., FIFTH DIRECTOR OF THE MINT,
-
-was appointed by President James Monroe, July 15, 1824. He was a native
-of New Jersey, and the son of a distinguished Revolutionary officer. He
-was one of the first graduates of the Penn University, in 1791, and was
-afterwards a tutor in that institution. During his directorship the Mint
-was removed to the present building. His portrait was painted from life
-by B. Samuel Du Bois, now in the Cabinet.
-
-
-ROBERT MASKELL PATTERSON, M. D., SIXTH DIRECTOR OF THE MINT,
-
-son of a former Director, was appointed by President Andrew Jackson, May
-26, 1835. His term of office was marked by an entire revolution in the
-coinage, and the ready acceptance of those improvements which followed
-so rapidly upon the introduction of steam. Dr. Patterson possessed
-the advantage of foreign travel; and having become familiar with the
-discoveries which had been adopted in the French Mint, he inaugurated and
-perfected them, also introducing improvements, which are still in use, in
-the machinery of the Mint. His portrait is in the Cabinet.
-
-
-GEORGE N. ECKERT, M. D., SEVENTH DIRECTOR OF THE MINT,
-
-was appointed by President Fillmore, July 1, 1851. He served nearly two
-years, and, resigning, was followed by
-
-
-THOMAS M. PETTIT, EIGHTH DIRECTOR OF THE MINT,
-
-who was appointed by President Pierce, April 4, 1853. He died a few
-weeks after his appointment. No portrait of him in the Cabinet. He was
-succeeded by
-
-
-HON. JAMES ROSS SNOWDEN, LL.D., NINTH DIRECTOR OF THE MINT.
-
-Mr. Snowden, who was appointed by President Pierce, June 3, 1853, was
-formerly a member of the State Legislature, and served two terms as
-Speaker; was afterwards elected for two terms as State Treasurer. During
-his official term the building was made fire-proof, the large collection
-of minerals was added, and nickel was first coined.
-
-Mr. Snowden has placed the numismatic world under many obligations, by
-directing the publication of two valuable quarto volumes,—one of them a
-description of the coins in the Cabinet, under the title of “The Mint
-Manual of Coins of all Nations,” the other “The Medallic Memorials of
-Washington,” being mainly a description of a special collection made by
-himself. In the preface to the former work he gives due credit to the
-literary labors of Mr. George Bull, then Curator, and also to a reprint
-of the account of the ancient collection, by Mr. Du Bois, who also
-furnished other valuable material. These books are valuable as authority,
-and by reason of the national character of the last mentioned.
-
-
-JAMES POLLOCK, A.M., LL.D., TENTH DIRECTOR AND FIRST SUPERINTENDENT,
-
-was appointed by Abraham Lincoln in 1861, and was re-appointed by
-President Grant to succeed Dr. Linderman in 1869 to 1873. Born in
-Pennsylvania in 1810; graduated at Princeton College, New Jersey, in
-1831, and commenced the practice of the law in 1833; he served in
-Congress three terms; was elected Governor of Pennsylvania in 1854, and
-in 1860 was a peace delegate to Washington from his State to counsel with
-representatives from different parts of the Union as to the possibility
-of amicably adjusting our unhappy national troubles. His portrait, by
-Winner, hangs in the eastern section of the Cabinet.[19]
-
-
-HON. HENRY RICHARD LINDERMAN, M. D., DIRECTOR OF THE MINTS AND ASSAY
-OFFICES OF THE UNITED STATES,
-
-was the eldest son of John Jordan Linderman, M. D., and Rachel Brodhead.
-He was born in Pike county, Pennsylvania, the 25th of December, 1825. The
-elder Dr. Linderman was one of the most noted physicians in northeastern
-Pennsylvania, and practiced medicine for nearly half a century in the
-valley of the Delaware, in this State, and New Jersey. He was a graduate
-of the College of Physicians and Surgeons, of New York, where he had
-studied under the famous Dr. Valentine Mott. Dr. Linderman’s grandfather,
-Jacob von Linderman, came to this country during the disturbed period
-of the Austrian War of Succession, during the first half of the last
-century, and settled in Orange county, where he purchased a tract of
-land. The property is still in the possession of the family. Jacob von
-Linderman was the cadet of an ancient and honorable family of Saxony,
-which had been distinguished for two centuries in the law and medicine,
-several of his ancestors having been counsellors and physicians to the
-Elector. He was a descendant of the same family as Margaretta Linderman,
-the mother of the great Reformer, Martin Luther. Of this paternal
-stock, Dr. Henry R. Linderman was, by his mother, a nephew of the late
-Hon. Richard Brodhead, Senator of the United States from Pennsylvania;
-grandson of Richard Brodhead, one of the Judges of Pike county, and
-great-grandson of Garrett Brodhead, an officer of the Revolution, and
-a great-nephew of Luke Brodhead, a Captain in Col. Miles’ Regiment,
-and of Daniel Brodhead, Colonel of the 8th Pennsylvania Regiment of
-the Continental Line; the latter was afterwards a Brigadier-General,
-was one of the original members of the Cincinnati of this State, and
-Surveyor-General of the Commonwealth when the war closed. His only son
-Daniel was a First Lieutenant in Colonel Shee’s Battalion, was taken
-prisoner by the British, and died after two years’ captivity. General
-Brodhead married Governor Mifflin’s widow, and died in Milford, Pike
-county, in 1803. The nephew of these three brothers, Charles Wessel
-Brodhead, of New York, was also in the Revolutionary army, a Captain of
-Grenadiers. They all descended from Daniel Brodhead, a Captain of King
-Charles II.’s Grenadiers, who had a command in Nichol’s expedition, which
-captured New York from the Dutch in 1664. Captain Brodhead was of the
-family of that name in Yorkshire, which terminated in England so recently
-as 1840 in the person of Sir Henry T. L. Brodhead, baronet.
-
-Dr. Henry R. Linderman, after receiving an academic education, entered
-the New York College of Physicians and Surgeons. When barely of age he
-graduated, returned to Pike county and began practice with his father,
-and earned a reputation as a skillful and rising physician.
-
-In 1855 his uncle, Richard Brodhead (United States Senator), procured
-his appointment as chief clerk of the Philadelphia Mint. He held this
-position until 1864, when he resigned and engaged in business as a banker
-and broker in Philadelphia. In 1867 he was appointed Director of the Mint
-by President Johnson. In 1869 he resigned. In 1870 he was a commissioner
-of the Government to the Pacific coast to investigate the San Francisco
-and Carson Mints, and to adjust some intricate bullion questions. In
-1871 he was a commissioner to Europe, to examine the coinage systems
-of the Great Powers. In 1872 he was a commissioner, with the late Dr.
-Robert E. Rogers, of the University of Pennsylvania, for fitting up the
-Government refinery at the San Francisco Mint. In the same year he wrote
-an elaborate report on the condition of the gold and silver market of the
-world. “In this report he called attention to the disadvantages arising
-from the computation and quotation of exchange with Great Britain on
-the old and complicated Colonial basis, and from the undervaluation of
-foreign coins in computing the value of foreign invoices and levying and
-collecting duties at the United States Custom Houses.” He was the author
-of the Act of March 9th, 1873, which corrected the defects above referred
-to. His predictions in this report on the decline in the value of silver
-as compared to gold were fulfilled to the letter.
-
-He was thoroughly familiar with the practice, science, and finance of the
-Coinage Department of the Government, and about this time he wrote the
-Coinage Act of 1873, and secured its passage through Congress. General
-Grant, then President, considered him as the fittest man to organize the
-new Bureau, and, though a Democrat, appointed him first Director under
-the new Act; the Director being at the head of all the Mints and Assay
-Offices in the United States.
-
-For the remainder of his life until his last illness, which began in
-the fall of 1878, he worked incessantly. Under his hands the Bureau of
-the Mints and the entire Coinage and Assay service were shaped in their
-present form. Much is due to his official subordinates, but his was the
-master mind, his the skillful and methodical direction, the studious and
-laborious devotion to the duties and obligations of his high position
-at the head of the Coinage Department of this great nation, which have
-given the United States the best coinage system in the world. It was
-Dr. Linderman who projected the “trade dollar,” solely for commerce,
-and not intended to enter into circulation here. It was a successful
-means of finding a market for our great surplus of silver, which Dr.
-Linderman sought to send to Oriental countries rather than flood our own
-and depreciate its fickle value. The old silver dollar by the Coinage
-Act of 1873 was abolished. The codification of all the legislation of
-Congress since the foundation of the Mint in 1792 was thus accomplished.
-Other needed legislative enactments were passed by Congress on his
-recommendations.
-
-In 1877 Dr. Linderman wrote, and Putnam published, “Money and Legal
-Tender in the United States,” a valuable and interesting contribution
-to the science of finance, which was favorably received abroad as well
-as here. The same year his official report presented one of the most
-exhaustive, profound, and able efforts which has ever emanated from the
-Government press. The fact that several of his reports were in use as
-text books of technical information in some of the technical schools
-(notably that at Harvard University), will serve to show the estimation
-in which the late Dr. Linderman was held as an authority upon coinage,
-mining, and finance. When the Japanese established their mint, that
-government made him the liberal offer of $50,000 to stay in their country
-one year and organize their mint service.
-
-When M. Henri Cernuschi, the eminent financier and the Director of the
-French Mint, was in this country in 1878, he said, “Dr. Linderman’s
-name is as celebrated on the continent of Europe in connection with
-his opinions on the double standard of metallic currency, as that of
-Garibaldi in connection with the Italian revolution.”
-
-In 1877 Dr. Linderman was appointed a commissioner, with power to name
-two others, to investigate abuses in the San Francisco Mint and Custom
-House. He appointed ex-Governor Low, of California, and Mr. Henry Dodge,
-and this commission sat as a court of inquiry in San Francisco in 1877.
-He returned to Washington in the autumn of that year. His report of the
-commission was duly approved, and all the changes it advised were made by
-the Government authorities.
-
-In 1853 Dr. Linderman married Miss Emily Davis, a highly accomplished
-and talented lady, daughter of George H. Davis, one of the pioneer
-coal operators of the Wyoming and Carbon districts. Dr. Linderman died
-at his residence in Washington in January, 1879, after a long illness
-superinduced by his self-sacrificing care and solicitude for public
-interests. His conscientious and valuable aid and advice in counsel,
-his conception of public duty, which so entirely guided his conduct
-in all his official relations connected with our present monetary
-system, established through his efforts, justly entitle him to be held
-in grateful remembrance for the benefits he conferred upon his fellow
-countrymen.[20]
-
-
-COL. A. LOUDON SNOWDEN, SECOND SUPERINTENDENT,
-
-was born in Cumberland County, Pennsylvania, and descends from one of the
-old families of Pennsylvania.
-
-He was educated at the Jefferson College in Washington, Pennsylvania. On
-the completion of his collegiate course he studied law, but on May 7,
-1857, just before being admitted to the bar, accepted the position of
-Register, tendered him by his uncle, the late Hon. James Ross Snowden,
-then Director of the United States Mint.
-
-In 1866, a vacancy having occurred in the office of Coiner of the Mint,
-he was appointed by the President, and entered upon the duties of this
-office October 1, 1866.
-
-At the request of President Grant, in 1876, he was induced to accept the
-Postmastership of Philadelphia.
-
-He assumed the duties of that office January 1, 1877, with much
-reluctance, but soon manifested as Postmaster the same capacity for
-thorough discipline and organization which had distinguished him in the
-Mint. President Hayes, in December, 1878, tendered him the position
-of Director of all the Mints of the United States, made vacant by the
-expiration of the commission of Dr. Linderman. After the death of Dr.
-Linderman the President again sent for him and urged his acceptance
-of the place, which he was believed to have declined previous to Dr.
-Linderman’s death from motives of delicacy, having long been the friend
-of the late Director.
-
-This offer he again declined, as the acceptance of it would necessitate
-his removal from Philadelphia to Washington.
-
-In the following February the President again made a tender of office.
-This time it was the superintendency of the Philadelphia Mint, and,
-as its acceptance of it restored him to a service agreeable to him in
-every particular, and permitted him to remain among his friends in
-Philadelphia, he promptly accepted, and assumed control of the Mint on
-the 1st of March, 1879, and continued in charge of the “Parent Mint” of
-the United States until June, 1885, when he resigned his commission.
-
-In January, 1873, he was elected vice-president of the Fire Association,
-one of the oldest and largest fire insurance companies of the United
-States. In 1868 he was elected its president. In October, 1880, he was
-elected president of the “United Fire Underwriters of America,” an
-organization embracing the officers of more than one hundred and fifty of
-the leading American and foreign companies doing business in the United
-States, representing a capital of over $118,000,000.
-
-
-DANIEL M. FOX.
-
-Hon. Daniel M. Fox, the new Superintendent of the United States Mint, was
-born in this city on the 16th of June, 1819. His ancestors, both on his
-father’s and mother’s side, are not without fame, many of them having
-figured more or less conspicuously in the early history of the country.
-Daniel Miller, his maternal grandfather, took quite a prominent part in
-the Revolutionary war, being present with Washington at Germantown, Pa.,
-New Brunswick, N. J., the Highlands, N. Y., Valley Forge, Pa., the siege
-of Yorktown, and witnessed the surrender of Lord Cornwallis at Yorktown.
-During the campaign in New Jersey he was taken by the British as a spy
-and brought to Philadelphia, but effected his escape and rejoined the
-army. At the termination of the war he finally settled with his family in
-the old Northern Liberties, where Mr. Fox’s grandfather, by the father’s
-side, John Fox, resided. Here Daniel’s father and mother were born, and
-here he himself first saw the light, and was reared and educated.
-
-His parents were possessed of very little of this world’s goods, but
-that did not prevent them from giving their son a liberal education,
-which he was not backward in taking advantage of. After leaving school
-the first two years were employed as clerk in a store, after which he
-turned his attention to conveyancing, as he intended to make that his
-permanent profession. He devoted the next five years to the close study
-of all its intricate details in the office of the late Jacob F. Hoeckley,
-who at that period stood at the head of the profession in this city, and
-graduating with eminent credit he commenced practice for himself.
-
-[Illustration: _Daniel M. Fox_]
-
-The profession is one affording many temptations to men who are not well
-grounded in strict integrity, and sustained in the paths of rectitude
-and virtue by a conscientious regard for the _meum_ and _tuum_ of a
-well-ordered business life; but Mr. Fox, looking upon his profession as
-one of dignity and trust, soon commanded and permanently secured the
-confidence of the public, by avoiding those speculative ventures which
-have brought so much disrepute upon it, and by a scrupulous regard for
-the interests of those who placed their property in his keeping. In
-consequence, the business entrusted to him has increased to such an
-extent from year to year that it is said he has more estates in his
-charge for settlement, as administrator, executor, or trustee, than
-any other single individual in Philadelphia. His practice constantly
-increasing as time rolled on, the laws touching real estate operations
-becoming more complicated year by year, and appreciating the necessity
-in many cases for court proceedings to secure perfection of title,
-he submitted himself to a legal examination, and was admitted to the
-Philadelphia bar in November, 1878.
-
-
-HIS PUBLIC CAREER.
-
-His first step in public life was at the age of twenty-one, when he was
-elected a member of the Board of School Directors of the district in
-which he then lived, and for many years prior to 1854, when the city was
-consolidated, and the law in that regard changed, he was President of
-the Board. For many years he had taken an active interest in the public
-schools, and was a pioneer in the night-school system for adults. He
-was chosen two consecutive terms by the City Councils as a Director of
-Girard College, and also represented the Northern Liberties in the Board
-of Health, having charge of the sanitary matters and the quarantine
-regulations of the city, and was quite active and efficient in the
-abatement of the cholera, which was epidemic here twice during the nine
-years he served in that Board.
-
-For three years he represented his ward in the Select Council of
-Philadelphia with credit and ability. In 1861 he retired from Councils,
-and in the year following was unanimously nominated for the Mayoralty by
-the Democratic party. The city at that time was strongly Republican, and
-he was defeated by Hon. Alexander Henry, although he ran largely ahead of
-his ticket. In 1865 he again received a unanimous nomination for the same
-office, and ran against Hon. Morton McMichael and with the same result.
-His personal popularity, however, was in the ascendant, and when he was
-placed in nomination in 1868 against General Hector Tyndale, he was duly
-elected.
-
-On January 1, 1869, he was inaugurated, and his first official duty as
-Mayor was to formally receive on behalf of the city authorities General
-Grant as President-elect. The reception took place in Independence Hall,
-in the presence of Councils and a large number of prominent citizens,
-and was conducted on the part of the new Mayor with ease, grace, and
-elegance. His municipal administration was marked by many reformatory
-and sanitary measures, especially in those portions of the city where
-the impurity of the denizens hazarded the health of more respectable
-neighborhoods. It was during his official term that the Volunteer Fire
-Department ceased to exist. It had been his practice during its closing
-days to attend all conflagrations for the double purpose of holding a
-moral check on the lawless and to stimulate the police in their duties of
-keeping the streets clear for the free exercise of those whose business
-it was to extinguish the flames. The passage by Councils of the ordinance
-establishing a Paid Fire Department created a profound sensation in the
-city, arousing the bitter feelings of many of the volunteer firemen, and
-kindling an intense anxiety on the part of the people generally as to
-the fate of the bill when it reached the hands of the Mayor. He retained
-it for a fortnight, unsigned, evidently desiring to soften the feeling
-engendered by its passage, and also to perfect such arrangements as would
-be necessary to meet any emergency in carrying the act into effect. The
-latter being accomplished, he formally approved the ordinance and it
-became a law. This course was very unpalatable to the riotous element
-of the volunteers, who manifested their feelings in various ways, such
-as suspending the effigy of the Mayor in several engine houses, but no
-other violent demonstrations of any moment occurred, as the steps taken
-by his officers proved effective and rigorous; these, coupled with the
-co-operation of many of the discreet firemen, enabled the new “Paid
-Department” to go into operation without any disturbance whatever, and
-the city has ever since rejoiced in an efficient system without any of
-the former accompaniments of noise, riot, and public disturbance.
-
-A startling attempt at assassination occurred during Mayor Fox’s
-incumbency, in the shooting of United States Revenue Detective James
-Brooks, in open day, in a Front street store, by some miscreants. The
-case was at once taken in hand by the Mayor, who by stimulating the
-police and offering heavy rewards caused the arrest of the parties.
-Their conviction soon followed. Whenever any question of grave public
-importance presented itself, it was his practice to invite conferences
-with the most prominent citizens at his office, as to the best course to
-be pursued; thus, while showing a true devotion to the public interests,
-he was enabled to act with great sagacity; he also brought to his
-support the power of eloquence, which he possesses in an eminent degree;
-this added much to his popularity. He did not hesitate to use the veto
-whenever he differed with Councils, and during his term he transmitted to
-these bodies thirty-two messages of this character, the majority of which
-were sustained. His official term ended in a most gratifying manner,
-both chambers of Councils unanimously passing resolutions of thanks for
-his able and energetic administration of the city’s affairs. This was
-followed by a grand banquet at the Academy of Music, tendered to him by
-our most distinguished citizens, irrespective of party. In two successive
-State conventions he received complimentary votes for the Gubernatorial
-nominations.
-
-The great International Exposition in commemoration of the centennial
-anniversary of the birth of our nation was held in this city in 1876. In
-the preparation for this grand demonstration, in its opening and down
-to its close, in the autumn of that year, Mr. Fox took a leading part,
-the incipient step having been taken in the Mayor’s Office during his
-administration, in a consultation with a committee from the Franklin
-Institute, who waited upon him for that purpose. As an active and earnest
-member of the Centennial Board of Finance, which had charge of all the
-funds for the Exposition, Mr. Fox contributed his time, his means, and
-his voice greatly to its promotion and final success.
-
-Once more Mr. Fox was called to the discharge of an important public
-duty. For a number of years a controversy had existed between the
-general Government and the railroad corporations with reference to the
-transportation of the United States mails, the former complaining that
-the service was not satisfactorily rendered, and the latter that they
-were not adequately compensated.
-
-On the 12th of July, 1876, Congress passed a bill authorizing the
-President to appoint a Commission of three civilians to investigate the
-subject and make report upon it. Mr. Fox was one of the appointees,
-his colleagues being selected from other States. The Commission, in
-the exercise of its functions, visited every section of the country,
-embracing a distance of travel of over twenty-eight thousand miles.
-Sessions were held in all the principal cities, much testimony taken,
-and when its labors were completed a report of great value was prepared
-and presented, which went far towards a satisfactory settlement of the
-controversy.
-
- [From The History of the Philadelphia Police.]
-
- One of the most important occurrences during Mr. Fox’s term as
- Mayor was the abolition of the old Volunteer Fire Department.
- The ordinance for the erection of a Paid Fire department was
- passed December 29, 1870, after a series of hot debates. The
- old volunteers were a power in politics, but their acts of
- violence and incendiarism made it imperative in the opinion
- of a majority of citizens that they should be superseded. The
- passage of the ordinance caused a sensation because it was not
- believed that Councils would dare to abolish the volunteers.
- Feeling ran high. The firemen held meeting after meeting in
- their engine-houses. All attention was directed towards the
- Mayor. Would he sign the ordinance and make it a law? He had
- ten days in which to consider the bill. He was known to favor
- it; but day after day passed and he took no action. Meanwhile
- he was not asleep. He had perfected police arrangements whereby
- the whole force could be called out at once on the outbreak
- of any violence, and the excitement was so great that the
- rowdy element and the firemen were expected to sally forth at
- any moment. There were two or three isolated outrages, but
- no general riot. The ten days drew towards a close and the
- excitement became less intense every day. It was with this
- object in view that the Mayor delayed signing the ordinance. He
- waited until the last day before putting his signature to the
- bill. The volunteers had become in a degree reconciled to the
- measure, and some of them hoped to resume work with engine and
- hook-and-ladder under the new system.
-
- The old volunteer firemen now hold Mr. Fox in high esteem.
- At the great fire in Newhall, Borie & Co.’s sugar refinery,
- which stood at the corner of Race and Crown streets, the lives
- of a number of the volunteers were endangered through their
- own stubbornness, and only saved through determined action
- on the part of the Mayor. The engine-house of the refinery
- was a single story building facing on Crown street; over it
- was a projection five or six stories in height containing the
- hoisting apparatus and other machinery of great weight.
-
- HIS WATCHFUL CARE SAVES MANY LIVES.
-
- About a score of the firemen took up a position on the roof
- of the engine-house and directed a stream of water against
- the main building. Unknown to them the flames were rapidly
- eating their way to the machinery in the projection over them.
- The Mayor made it a point to attend all important fires, and
- frequently his vigilance at great conflagrations resulted in
- the detection of gangs of thieves who operated in the uniform
- of firemen. On this occasion he observed the danger which
- threatened the men. It was evident to him that the machinery
- would soon be reached, and the projection fall. A serious
- disaster would be the consequence unless the men removed. The
- Mayor sent the Chief of Police to inform them of their danger,
- and endeavored to induce them to retire from their perilous
- position. They angrily declared they would occupy whatever
- place they pleased, and said the Mayor should mind his own
- business as he had no authority over them. The Mayor saw that
- prompt and decisive action was necessary if the lives of the
- men were not to be sacrificed. He ordered Chief Mulholland
- to drive the headstrong fellows from the roof by force. All
- the policemen in the neighborhood of the fire were collected
- and they charged the volunteers, who were routed with some
- difficulty and came clamoring around the Mayor, demanding to
- know by what authority he had interfered with them, execrating
- and threatening him with personal violence.
-
- “Wait five minutes and I will give you an answer,” said Mr.
- Fox, quietly.
-
- A moment later the projection with all the heavy machinery
- fell, crushing the engine-house. The men who a moment before
- had reviled the Mayor were silent for a moment, then they
- gathered around him and gave three prolonged and hearty cheers
- for Daniel M. Fox.
-
-Mr. Fox was the first Mayor who directed the roping off the streets
-during large conflagrations, thereby keeping away not only the crowds who
-drawn by idle curiosity went simply to look on but also those persons who
-may have been attracted for purposes of theft. It aided considerably,
-too, in giving the Fire Department a clean working space, thus adding
-to their efficiency, and also avoiding the chance of accidents from
-falling embers or walls. This plan so wisely begun has been followed with
-advantage by every successive Mayor.
-
-Mr. Fox’s participation in the philanthropic and benevolent movements
-of the city has always been unlimited. As President of the Pennsylvania
-Society for the Protection of Children from Cruelty, Trustee of the
-Pennsylvania Institution for the Deaf and Dumb, and in his connection
-with many other charitable works, his constant aim has been the
-alleviation of the sufferings and the general welfare of his fellow men.
-
-Personally, Mr. Fox is of dignified and distinguished presence, yet in
-manner affable, courteous, and kind. Always interested in his fellow
-men, he draws men towards him and impresses them with the sincerity of
-his nature and the unselfishness of his purpose. Love of justice is
-one of the strong characteristics of the man, and his life has been
-singularly free from the petty strifes which disfigure the lives of so
-many who have had to fight their battle against odds. His selection for
-the Superintendency of the Mint, being unsought, was a just tribute to
-his unquestioned integrity and his eminent abilities as a public man. The
-country is fortunate in his preferment, and his administration of the
-affairs of the Mint will fitly crown an honored career.
-
-Superintendent Fox has greatly improved the immediate surroundings of
-the Mint since his entrance upon duty. The areas have been cleared of
-rubbish, temporary wooden structures demolished, where it is possible
-to dispense with them, and a systematic policing of the premises has
-been adopted. But perhaps the most notable of the improvements which
-Superintendent Fox has made is the removal of the old steam plant
-from the body of the basement and the creation of a new and much more
-efficient plant in vaults prepared outside of the walls. This has had
-the effect to render the atmosphere of the building cool and pure, and
-at the same time has actually increased the working space nearly forty
-per cent. Another story has also been added to the adjusting room, with
-appliances for cooking and toilet, thus increasing the comfort of the
-ladies employed in that department. The plots on either hand of the
-entrance on Chestnut street show some happy efforts to please the eye,
-in a renewal of the sward and landscape gardening in colors. The fine
-specimens of American cypress in the centre of these plots seem to have
-borrowed fresh attractions from their new and beautiful setting, and
-their foliage contrasts pleasingly with the clumps of foliage plants and
-exotics beneath. Throughout the premises the supervision of a thorough
-business man is apparent; nothing seems to escape the eyes of the
-vigilant Superintendent.
-
-
-COINERS.
-
-HENRY VOIGT, the first Chief Coiner, was appointed by President
-Washington, January 29, 1793. He was selected on account of his
-mechanical knowledge and skill, being a clockmaker by trade. Many of our
-old families bear witness to the skill of Mr. Voigt in the affection they
-have for many an “old clock on the stairs,” for the manufacture of which
-timekeepers he was quite famous. Mr. Voigt held office until removed by
-death in February, 1814.
-
-ADAM ECKFELDT was born in Philadelphia, June 15, 1769. He was trained
-to mechanical pursuits by his father, who was a large manufacturer of
-edge-tools and implements. On the establishment of the Mint he was
-engaged to construct some of the machinery for it. He built the first
-screw-coining presses. The contrivance for ejecting the piece from
-the collar, together with some other mechanical appliances, were his
-invention.
-
-In an old pay-roll of 1795 (see page 12), we find the name of “Adam
-Eckfeldt, Die Forger and Turner.” His official connection dates from
-January 1, 1796, when he was appointed Assistant Coiner by Director
-Boudinot, with the consent of President Washington. Upon the death of
-Henry Voigt, Mr. Eckfeldt was appointed to succeed him as Chief Coiner,
-and remained in that position until he resigned, in 1839. He continued to
-visit the Mint for some years after; and he is yet remembered as a hard
-worker in the Mint, without compensation. For half a century he was one
-of the central figures of the Mint service. His mechanical skill, his
-zeal, energy, and uprightness, brought him many distinctions, both as an
-officer and a citizen.
-
-In his letter of resignation he warmly recommends the appointment of
-Franklin Peale, in the following terms: “I feel it my duty, in leaving
-office, to recommend that my place be filled by Mr. Franklin Peale, the
-present Melter and Refiner. Our close association as fellow-officers has
-made me acquainted with his peculiar qualifications, and I therefore know
-him to be fitted for the situation; and I do not know any other person
-that is.” He had a high ideal of what a chief coiner should be.
-
-Mr. Eckfeldt died February 6, 1852, in his 83d year.
-
-FRANKLIN PEALE was the son of Charles Willson Peale, the eminent
-artist and founder of Peale’s Museum. Born in the Hall of the American
-Philosophical Society, October 15, 1795, he was presented to the society
-by his father, when four months old, as “the first child born in the
-Philosophical Hall,” and with a request that the society should name him.
-He was accordingly named after the chief founder and first President of
-the Society—Franklin.
-
-Young Peale early showed a taste for mechanics, and his father gave
-him every facility to improve himself in any direction in which nature
-seemed to lead him. Part of his general education was received at the
-University of Pennsylvania and part at the Germantown Academy. At the age
-of seventeen he entered the machine shop of Hodgson & Bro., Delaware.
-He soon grew to be a skilled mechanic and draughtsman. Some time after
-he became manager of his father’s Museum. He assisted Baldwin in the
-construction of the first locomotive built in this country. In 1833
-Mr. Peale entered the Mint service, and was sent to Europe by Director
-Moore to examine into foreign Mint methods. He brought with him valuable
-apparatus for the Assay Department, together with other important
-improvements and suggestions. He was appointed Melter and Refiner in 1836
-and Chief Coiner in 1839. He introduced the first steam coining press,
-the milling machine and some other of our more modern forms of Mint
-machinery.
-
-Mr. Peale’s administration as Chief Coiner may be said to mark an era in
-the mechanic arts of Minting. Being specially fitted, by natural genius
-as well as education, for the position which he adorned, his mildness,
-integrity, gentlemanly bearing and high moral and mental culture
-constituted him a model officer. His connection with the service lasted
-until 1854. He died on the 5th of May, 1870.
-
-GEORGE K. CHILDS, appointed December 12, 1854.
-
-LEWIS R. BROOMALL, appointed June 30, 1861.
-
-JOHN G. BUTLER, appointed November 30, 1863.
-
-A. LOUDON SNOWDEN, appointed October 1, 1866.
-
-(For sketch of A. Loudon Snowden, see list of Directors and
-Superintendents, page 92.)
-
-COLONEL O. C. BOSBYSHELL. On the 4th of May, 1869, Ex-Governor Pollock,
-then Director of the Mint, appointed Col. Bosbyshell Register of
-Deposits. His course in the Mint was so satisfactory that, without
-solicitation, he was made assistant coiner by Col. A. L. Snowden, the
-then coiner, on the 1st of October, 1872. Upon Col. Snowden’s appointment
-as Postmaster of Philadelphia, Col. Bosbyshell was appointed Coiner of
-the Mint by President Grant, on the 15th of December, 1876, and remained
-in that capacity until January, 1885, when, to the regret of all parties
-having business relations with him, he tendered his resignation to accept
-a responsible position in the Controller’s Office, tendered him by his
-friend, Col. Robert P. Dechert.
-
-WILLIAM S. STEEL was born in the City of Philadelphia, on the 1st of
-March, 1841. He received a good common school education, and in 1856
-entered the office of David Cooper & Co., at Girard’s wharves, remaining
-engaged in mercantile pursuits till 1861. At 19 years of age he was
-appointed by Colonel James Ross Snowden, then Director of the United
-States Mint, First Assistant Weigh Clerk. In this position he served
-continuously through Colonel J. Ross Snowden, ex-Governor Pollock, and
-Colonel A. Loudon Snowden’s administrations. In September, 1862, just
-before the battle of Antietam, Mr. Steele entered the State service,
-and served with the Thirty-second Regiment, Pennsylvania Volunteers,
-until discharged by expiration of term. When Colonel A. Loudon Snowden
-was transferred to the Post Office, January, 1877, Mr. Steele, upon the
-recommendation of the then Coiner, Colonel O. C. Bosbyshell, became
-Assistant Coiner, a position he filled in a most acceptable manner, until
-Colonel Bosbyshell’s retirement in February, 1885, when he was made
-Coiner.
-
-HARRY A. CHESTER, Assistant Coiner, was born in Philadelphia (Northern
-Liberties), September 10, 1852, and educated in the North East
-School, Sixth Section. He was an attachee of the National House of
-Representatives from 1876 to 1882, clerk in Register of Wills’ Office
-from January 1, 1883, until May, 1885, when he was appointed by Colonel
-A. Loudon Snowden as Assistant Weigh Clerk, and promoted by Hon. Daniel
-M. Fox in October, 1886.
-
-DR. HENRY LEFFMANN was appointed Chief Coiner at the Philadelphia Mint
-January 10, 1888, by President Cleveland. Dr. Leffmann was born in
-Philadelphia September 9, 1847, and was educated in the public schools of
-Philadelphia, including four years at the Central High School. He devoted
-three years in practical study in the laboratory of Dr. Charles M.
-Cresson, and graduated at Jefferson Medical College in 1869, having been
-for some years assistant to the Professor of Chemistry at the College,
-and in 1875 was elected Lecturer on Toxicology, which position he held
-for a number of years. In 1876 he was elected to take charge of the
-laboratory of the Central High School, and remained in that position for
-four years. In 1883 he was elected Professor of Chemistry and Metallurgy
-in the Pennsylvania College of Dental Surgery, a position which he still
-holds; and he has been for a number of years Professor of Chemistry and
-Mineralogy in the Wagner Free Institute of Science. Dr. Leffmann has
-been engaged as chemical expert in patent and criminal cases, notably
-in the Goerson poisoning case and the chrome-yellow poisoning cases. He
-is a member of several American and foreign scientific societies, has
-contributed papers to current scientific literature, and has for the past
-five years been editor of _The Polyclinic_, a monthly medical journal.
-In 1880 he was a candidate for Coroner on the Democratic ticket, but was
-defeated, and in 1884 was appointed Port Physician for Philadelphia by
-Governor Pattison, and held that position until October, 1887.
-
-
-ASSAYERS.
-
-JACOB R. ECKFELDT, Sixth Assayer, was born in Philadelphia, 1846. He
-entered the Assay Department as Second Weigher, in 1865. By regular
-promotions he reached the position of Assistant Assayer, in 1872,
-and upon the death of his superior he was appointed and confirmed as
-Assayer, December 21, 1881. The position of Assayer is one of great
-responsibility, and demands not only scientific training but wide and
-special knowledge and experience upon subjects relating to the history
-and arts of Coinage. Since the foundation of the Mint there have been but
-six official heads of this department.
-
-WILLIAM MCINTIRE was born in Delaware in 1831. He entered the Assay
-Department of the Mint as an assistant in September, 1853, which position
-he held, with the exception of a short interim while he was engaged in
-mercantile business, until October, 1887, when by regular promotion he
-was appointed Assistant Assayer.
-
-
-JACOB R. ECKFELDT.
-
-EXTRACT FROM AN OBITUARY NOTICE BY MR. DU BOIS.
-
-(_Read before the American Philosophical Society, Oct. 4th, 1872._)
-
- Jacob R. Eckfeldt, late Assayer of the Mint, was the son of
- Adam and Margaretta Eckfeldt, and was born in Philadelphia,
- March —, 1803. He was, therefore, in his seventieth year, at
- the time of decease, August 9th, 1872.
-
- In the Spring of 1832, Mr. John Richardson, who had been
- Assayer about one year, and did not find the employment
- congenial to his tastes, informed Mr. Eckfeldt that he intended
- to resign, and wished him to prepare to take the place. Mr. E.
- shrank from this responsibility, and declined. But some of his
- friends who had influence with President Jackson, presented his
- name with a strong recommendation and he was appointed without
- being asked as to his party preferences. This occurred on the
- 30th of April, 1832. He therefore held the office _over forty
- years_.
-
- When he entered upon the work, he had to encounter some
- embarrassments. The apparatus was old-fashioned, and not
- calculated for nice results. The silver assay had been well
- performed, without going to a close figure, for many years; but
- gold was little known in the country or at the Mint, and it
- is not surprising that its assay was incorrectly performed.
- Add to this, there was the coarse and cumbrous nomenclature,
- brought from the old country, of carats and grains for gold
- fineness, and so many grains to the pound for silver fineness.
-
- Close upon all this, that is to say, in June, 1834, came the
- celebrated reduction in the standards of our gold coin, one of
- the chief measures of the Jackson administration. This changed
- gold from a curiosity to a currency; bullion and foreign
- coin flowed to the mint, and accuracy of assay was more than
- ever needful. Mr. Eckfeldt was equal to the emergency, and
- resolutely introduced reforms, which, at first, made the older
- officers stand in doubt.
-
- In those days, about the time the new mint edifice on Chestnut
- street was finishing, Mr. Peale was sent to London and Paris
- to observe the methods of assaying and refining, and to
- procure a new apparatus. We were thus supplied with French
- beams, weights, and cupel furnaces, and with the appliances
- of Gay-Lussac’s humid assay, and the printed details of the
- process. Soon after, Mr. Saxton, famous for his skill in
- constructing balances and other delicate instruments, returned
- from a long schooling in that line in London, and was employed
- in the Mint. Thus furnished, Mr. Eckfeldt felt himself “set
- up,” and able to compete with the foreign assayers, and if he
- was ever more precise, it was because he disregarded certain
- allowances which had become a time-honored custom.
-
- A large importation of fine gold bars from France, known as
- the French Indemnity, and which came because President Jackson
- declared he “would submit to nothing that was wrong,” gave a
- fine opportunity for testing and comparing foreign assays; and
- it was generally found that these bars were somewhat below
- the alleged fineness. A still more important discovery, was
- the fact that British Sovereigns ran below their standard of
- fineness. This happened when he had been in office less than
- three years, and the Director was unwilling to set the finding
- of young Eckfeldt against the experience of Old England.
- The Assayer being assured and re-assured of the accuracy of
- his results, Director Moore consented to notify the British
- Government of their error. The result was a closer scrutiny in
- the London Mint, and a final acknowledgement that they were
- wrong. This was no less a triumph for Mr. Eckfeldt, than it was
- a contribution to exact science, and an honor to the American
- Government.
-
- It is not surprising, that he felt at first the inconvenience
- of passing from one form of nomenclature to another, though to
- a better one. A friend remarks, “I recall conversations with
- Mr. Eckfeldt, showing how seriously he felt the revolution. He
- would _think_ in carats, and _report_ in decimals. And I often
- recur to this as illustrating the kind of difficulties which
- would arise in case of a decimalising of weights and measures.”
-
- For some years prior to 1842, Mr. Eckfeldt and his Assistant,
- in addition to their ordinary duties, engaged in the
- preparation of an original and comprehensive work on the Coins
- of all Nations; on the Varieties of Gold and Silver Bullion; on
- Counterfeit Coins, and on other subjects related thereto. This
- was published in 1842, and has long been regarded as a standard
- authority. In 1850, they issued a supplementary smaller work,
- and again in 1852.
-
- As the United States increased in commerce, wealth and
- population, the Mint of course increased in work. In
- particular, Mexican dollars came in great quantities for
- recoinage. Not only were our vaults full, but our entries and
- corridors were at times crowded with rows of kegs. Every day,
- for years, we had the constant task of sixteen melts of silver
- ingots to melt and assay; and it was a great advantage and
- satisfaction to be supplied with the _humid_ apparatus.
-
- The success of gold mining in our Southern States, and
- the increasing commerce of New Orleans, gave rise to the
- establishment of three branch mints at the South, in 1837;
- and it devolved upon Mr. Eckfeldt to become schoolmaster, and
- educate the three assayers appointed for those places. The same
- had to be done again at a later date for other mints and assay
- offices.
-
- In December, 1848, came the first lot of gold grains from
- California; and with the opening of the next year the tide
- set in most powerfully. I shall not here speak of this great
- turning-point in metallic currency any further than as it
- affected the mint, or rather the labor which it laid upon
- Mr. Eckfeldt and his department. As is well known, the lots
- were numerous, and the aggregate amount was enormous. Instead
- of making gold assays by dozens, we had to go through with
- hundreds every day, following the arrival of each steamer.
- We procured young men as operators in the weigh-room and
- additional workmen in the laboratory; and in spite all the
- help we were overworked. Here let me say that the persons who
- have been educated by Mr. Eckfeldt to this profession have
- done credit to the selection that was made, not only by skill,
- diligence, and good character while here, but wherever they are
- now scattered to other mints and assay offices, or to different
- pursuits.
-
- The gold pressure continued for about five years, when it was
- relieved by the creation of a Government assay office in New
- York, and a branch mint at San Francisco. But directly sequent
- to this came the change of standard in silver coin, causing
- an immense recoinage in small pieces. Thus our daily assays
- continued to count by hundreds. This lasted for some years.
- When it began to slacken off, a law was passed for calling in
- the large copper coins and issuing in their stead pieces of
- copper-nickel alloy of much smaller size.
-
- The analysis of Nickel alloys was not well laid down in
- the books, and the European or other assays which came
- with purchased lots showed an incorrect determination. Mr.
- Eckfeldt was therefore obliged to study out and perfect this
- assay, which is more tedious and laborious, though of less
- consequence, than the assay of the precious metals.
-
- But it was his habit to be as scrupulous in minor matters as
- in major; and after the routine was well settled it went on
- with the same clockwork regularity as the other branches of
- assaying. I need not say that this nickel coinage imposed
- another heavy pressure upon the mint for years.
-
- After this came the substitution of the Bronze alloy; and this
- called for another process of assay, and brought us a great
- deal of work.
-
- I thus hastily review this sequence of gold, silver, nickel,
- and bronze, not only as an interesting part of Mint History,
- but to show the varied and abundant services of the untiring,
- energetic Principal Assayer, and the masterly skill with which
- he met every obligation.
-
- His skill and success as an Assayer and Analyst largely
- consisted in his power of finding out what was defective or
- erroneous, and in applying the proper remedy. It often seemed
- that what was a puzzle to others was to him a matter of quick
- insight.
-
- In the assays of certain complex alloys, and of low grades of
- gold and silver, he contrived various methods which are not in
- print, but which are of great use in the daily manipulations.
-
- And here I may state that he not only introduced great accuracy
- and precision in the assays, but carried special investigations
- to a delicacy almost incredible. Thus, much interest was
- excited by a publication some years ago, both in this country
- and across the Atlantic, of his experiment upon the brick-clay
- which underlies our city. Taking two samples from the center of
- the town and the suburbs he found they contained gold at the
- rate of nearly 12 grains (say fifty cents) to the ton of clay
- in its ordinary moisture. Other experiments went to prove the
- very general diffusion of gold, in infinitesimal proportions.
-
- Some analysts, through want of exactitude, or for the pleasure
- of making a sensation, may produce very curious results;
- but Mr. Eckfeldt was conscientious, I may say, nervously
- scrupulous, about stating anything he was not sure of. Partly
- for that reason, partly for the very love of work, he was
- laborious to a fault, all his life long.
-
-
-UNITED STATES MINT OFFICERS.
-
- Washington, D. C., James P. Kimball, Director of the Mint $4,500
- Philadelphia, Pa., Daniel M. Fox, Superintendent 4,500
- Boise City, Idaho, Norman H. Camp 2,000
- Carson City, Nevada, James Crawford, Superintendent 3,000
- Charlotte, N. C., Calvin J. Cowles, Assayer 1,500
- Denver, Colorado, Herman Silver, Assayer 2,500
- Helena, Montana, Russell B. Harrison, Assayer 2,500
- New Orleans, La., Andrew W. Smyth, Superintendent 3,500
- New York, N. Y., Andrew Mason, Superintendent 4,500
- San Francisco, Cal., Edw. F. Burton, Superintendent 4,500
- St. Louis, Mo., Eliot C. Jewett, Assayer 2,500
-
-
-WILLIAM E. DU BOIS.
-
-Extract from an obituary notice by Robert Patterson.
-
-(Read before the American Philosophical Society, November 18, 1881.)
-
- William Ewing Du Bois was born at Doylestown, Pennsylvania,
- December 15, 1810. Through his father, Rev. Uriah Du Bois,
- he was descended from Louis Du Bois, a French Huguenot of
- honorable extraction, who emigrated to America in 1660,
- seeking freedom of religious worship, and, in connection with
- others of his countrymen, formed the settlement of New Paltz,
- Ulster County, New York. Through his mother, Martha Patterson,
- daughter of Professor Robert Patterson, of the University of
- Pennsylvania, he inherited the Scotch-Irish element which
- has exerted so marked an influence in the development of our
- country.
-
- The father of Mr. Du Bois was a Presbyterian clergyman, in
- charge of churches in and near Doylestown, and was principal of
- the Union Academy at that place, a classical school then and
- afterwards of high reputation. He was greatly respected, both
- as preacher and teacher.
-
- The bright and studious mind of Mr. Du Bois gathered every
- advantage from his opportunities, and he was well furnished in
- the classics and mathematics, and in English literature. While
- yet a boy he developed a freedom and capacity as a writer quite
- remarkable.
-
- His oldest brother was an eminent member of the bar, and it
- seemed fitting that Mr. Du Bois should, under his guidance,
- adopt the law as his profession. He accordingly pursued the
- usual course, in the meantime aiding to support himself by
- literary work and conveyancing, and was admitted to practice
- in September, 1832. But his health failing him on account of
- a bronchial affection, he accepted an appointment in the Mint
- at Philadelphia, and thus began the life-work by which his
- reputation was established.
-
- Mr. Du Bois entered the Mint in September, 1833, and was
- first employed in the office of the Director, Dr. Moore. In
- 1835, at the request of the Assayer, Mr. Jacob R. Eckfeldt,
- he was transferred to a more congenial position in the assay
- department. Here he continued for the remainder of his life. In
- 1836 he was appointed Assistant Assayer. In September, 1872, he
- succeeded Mr. Eckfeldt as Assayer, and remained at the head of
- the department until his death, July 14, 1881, thus completing
- nearly forty-eight years of Mint service.
-
- Mr. Du Bois early took rank as an accomplished assayer, and
- long before his death had reached the head of his profession.
-
- The close intimacy between Mr. Du Bois and Mr. Eckfeldt
- developed into warm friendship. The tie was made closer by
- the marriage of Mr. Du Bois, in 1840, to Susanna Eckfeldt,
- the sister of his chief. I shall have to speak of published
- works and scientific communications appearing under the names
- of Eckfeldt and Du Bois. Although it was understood that Mr.
- Du Bois was the sole literary author, yet no separate claim
- of authorship was made by either. Whatever of reputation was
- earned, each was contented that it might be shared by the
- other, and jealousy never for a moment weakened a union that
- bound them for life.
-
- In the year 1834 a change took place in the ratio of gold to
- silver in the standard of U. S. coins, the effect of which
- was to bring large deposits of gold to the Mint. The coinage
- previously had been chiefly of silver. The more equal supply of
- the precious metals gave active employment in the assay of each
- of them, and was, of course, most valuable as an experience
- to Mr. Du Bois, who about this time became connected with the
- assay department.
-
- In 1837, on revision of the Mint laws and standards brought
- about by Dr. Robert M. Patterson, then Director, a reform was
- effected in the method of reporting assays, the millesimal
- system taking the place of the time-honored but cumbrous
- method of carats and grains. About this time, also, the older
- plan of assaying silver was abandoned, the humid assay being
- substituted, and largely worked under the direct supervision of
- Mr. Du Bois.
-
- About 1838 branch mints were organized in the States of
- Louisiana, Georgia, and North Carolina. The labors and
- responsibilities of the Philadelphia assay department were
- increased by this development, partly from the necessity of
- instructing assayers for the new branches, and partly in
- testing the correctness of the assays made there.
-
- In 1848 the great discovery of gold in California was made
- known. This brought a tremendous pressure on every department
- of the Mint, and not the least on the assayers. The gold
- coinage was, in three years, raised from a little over three
- million dollars to more than sixty-two millions. The assays
- were often counted by hundreds in a day. But whatever the
- pressure in the office, accuracy ruled, and the correctness of
- the assays was never impeached.
-
- In 1853 a change was effected in the law for providing
- subordinate silver coins. This brought about, for some years
- succeeding, an unprecedented coinage of that metal, and still
- further increased the labors of the assay department.
-
- He instituted the Cabinet of coins which now adorns the Mint.
- This was commenced in 1838. A small annual appropriation
- was procured from Congress for this purpose, and the work
- of collection committed entirely to Mr. Du Bois. He brought
- to it all the enthusiasm which animates most numismatists,
- sobered, however, by good judgment. His expenditures were
- always judicious. Some of the best of the specimens were culled
- from the Mint deposits for the bullion value, merely, of the
- pieces. After the collection had taken good shape, and been
- well classified, he wrote and published, in 1846, a description
- of it, under the title “Pledges of History,” etc. The title
- thus selected intimated his opinion as to the real value of
- such collections. He thought that a coin should be prized for
- its historical teaching, or artistic merit, and discouraged the
- rage to possess a piece simply because of its rarity. Mr. Du
- Bois acted as curator of the Cabinet until his death.
-
- Another important labor undertaken by Mr. Du Bois (in
- connection with Mr. Eckfeldt) was the preparation and
- publication, in 1842, of a “Manual of the Gold and Silver Coins
- of all nations, struck within the past century.” This was a
- work of very great labor, and, from its expense, of some risk
- also to the authors. It is admirably arranged, the information
- clear, and it embraced every subject of interest at that
- date as to coins, bullion, counterfeits, etc. Subsequently,
- in 1850 and 1851, supplements were published covering later
- topics, made prominent in consequence of the California gold
- discoveries.
-
- The writings of Mr. Du Bois were numerous, and continued up to
- the year of his death. His papers on numismatics were frequent
- and always attractive, his last appearance in print being
- in April of this year, in an article on the “Coinage of the
- Popes.” To the “American Philosophical Society,” of which he
- was elected a member in 1844, he made various communications on
- behalf of Mr. Eckfeldt and himself, mostly on topics suggested
- by experiences in the assay department. Among the most curious
- was one on “The Natural Dissemination of Gold,” by which we
- were astonished to learn that this precious metal is found in
- appreciable quantity in the clays underlying our city.
-
- In 1869 he wrote for the “Bankers’ Magazine,” “Propositions
- for a Revised System of Weights, and a Restoration of Silver
- Currency.” The development of his views on these subjects
- is a model of clear exposition, and the conclusions reached
- were such as might be expected from a mind aiming to attain
- practical results rather than to impose visionary theories.
-
- From the beginning he was highly esteemed at the Mint. It was
- his ambition to acquire a knowledge of every branch of the
- service, and with his capacity and opportunities this end was
- attained. He early became the trusted friend and counsellor
- of his colleagues, and was able to serve them in many ways,
- perhaps most of all with his ready pen. As time passed, and
- forty-eight years of experience was given to him, he was
- recognized by all as the Nestor of the Mint service. And here I
- pause to draw a lesson, from the example of Mr. Du Bois’s life,
- as to the value of a properly organized civil service. In the
- department with which he was connected, political tests were
- never obtruded, and permanence of tenure followed on merit.
- On no other basis could his services have been claimed or
- retained. They would have been transferred to a private sphere,
- probably to his pecuniary gain, certainly to the public loss.
- He was very accessible, and ever ready to lend aid from the
- stores of his knowledge, but in particular did he delight to
- instruct and bring forward his younger friends.
-
- Mr. Du Bois was able to fulfill his official duties until
- within a few months of his death. He was fully conscious of his
- approaching end, preserving his intelligence to the last, and
- the faith which had comforted him in this life supported him at
- its close.
-
- The following minute was adopted at a meeting of the officers
- and employees after his decease:
-
- “The remarkably close conformity of the United States coins to
- the standard assigned them by law, has been recognized by the
- highest Mint authorities of the world to be unsurpassed, if
- quite equalled, in its uniform exactness. The founding of such
- a reputation and its continuance during the last half-century,
- are largely due to the joint labors of the late Jacob R.
- Eckfeldt and William E. Du Bois.”
-
-
-MELTERS AND REFINERS.
-
-JOSEPH CLOUD, appointed January, 1797; served until January, 1836 (39
-years).
-
-FRANKLIN PEALE, appointed January 5, 1836.
-
-JONAS R. MCCLINTOCK, appointed February 19, 1840.
-
-RICHARD S. MCCULLOCH, appointed in April, 1846; served until April 1,
-1849.
-
-JAMES CURTIS BOOTH, Melter and Refiner, was born in Philadelphia in
-1810, educated in the same place, and graduated in the University of
-Pennsylvania 1829. After study and field practice in the Rensselaer
-School, at Troy, N. Y., in 1831-32, under the late Professor A. Eaton,
-Mr. Booth studied Practical Chemistry in Germany, in 1833-34-35, in the
-laboratories of Professors F. Wohler and G. Magnus, and in visiting
-accessible manufacturing establishments in Germany and England having
-relation to chemistry. The late Prof. J. F. Frazer and Mr. Booth were
-the two Assistants on the Geological Survey of Pennsylvania in its
-first year, 1836. Mr. Booth next had charge of the Geological Survey of
-Delaware in 1837-38 (being often assisted by Prof. Frazer), and published
-his report on the survey in 1839-40.
-
-Mr. Booth, observing the great deficiency in the knowledge of Applied
-Chemistry in his native place, opened a laboratory for teaching the same,
-by chemical analysis and by operating, in 1836, and the same laboratory
-has been continued successfully to the present time by Dr. T. H. Garrett
-and Mr. A. Blair.
-
-With the same object in view, Mr. Booth lectured at the Franklin
-Institute for nine successive winters, giving three full courses of
-lectures, each of three winters’ duration (1836-1845).
-
-Prior to 1850 Mr. Booth published the Encyclopædia of Chemistry, being
-the author of the majority of the articles contained in it, with valuable
-contributions by Prof. R. S. McCulloch and others. It was a valuable
-adjunct to the study of chemistry for many years.
-
-The Director and officers of the Mint unsuccessfully solicited the
-appointment of Mr. Booth as Melter and Refiner of the Mint in 1838-40,
-but in 1849 Mr. Booth obtained, through his friend, Mr. Meredith, the
-appointment, over the signature of President Z. Taylor, and has continued
-in the same position from that date to 1887, a period of more than
-thirty-six years. He resigned his office at the close of the year 1887.
-
-DR. DAVID K. TUTTLE, of the Carson City Mint, appointed Melter and
-Refiner January 10, 1888.
-
-NATHANIEL B. BOYD, Assistant Melter and Refiner, was born in
-Philadelphia, January, 1832. Twenty years later, he was graduated with
-honors at Burlington College. After leaving College he studied law, and
-was admitted to the Philadelphia Bar in 1854. In 1869 he accepted an
-appointment in the National Mint, tendered him by Director Pollock. In
-1873 he was appointed Assistant Melter and Refiner, a position which he
-still occupies (1885).
-
-
-THE MINT ENGRAVERS.
-
-(Extract from Patterson Du Bois’ Biographical Sketch of “Our Mint
-Engravers.”)
-
-Whatever may be said concerning the peculiar responsibilities of the
-officers of the Mint, who are occupied with the various operations of
-turning bullion into coin, it must be conceded that none of them occupies
-a position so dubious and, in some ways, so unenviable as the Engraver.
-In the general transactions of the Mint, he is the most retired—the most
-obscure—of its officers; yet his card is in every one’s pocket.
-
-As to the types of coinage, the standards are as numerous as the eyes
-that water for them, and there is no piece but may be said to be outside
-of _somebody’s_ tolerance. No other artist undergoes such an ordeal, for
-those who do not admire this painting or that statue are not compelled to
-hug and hoard it, much less to toil for its possession. The engraver who
-can, from his retired window, see the critical millions clutching for his
-little _relievos_, is in some sort a hero _ex-officio_, and it has been
-well suggested that we look briefly upon the uneventful lives of this
-worthy line of officers.
-
-I. Robert Scot received his appointment as the first Engraver of the
-Mint, November 23, 1793. Information is wanting as to his nativity,
-but at the time of his appointment he seems to have been turning the
-down-hill of life. He is remembered as rather under size, and as an
-honorable and agreeable gentleman.
-
-According to Loubat, Joseph Wright was “appointed first a draughtsman
-and die-sinker to the United States Mint, and made the dies of a medal,
-the bust on the obverse of which was considered to be the best medallic
-profile likeness of Washington.[21] He also made the medal voted by
-Congress to Major Lee.” Wright died in 1793.
-
-II. William Kneass, second of the line, was born in Lancaster, Pa.,
-September, 1781, and was appointed Engraver January 29, 1824. Mr. Kneass
-had been chiefly a plate engraver for book-work. There were some changes
-in the coinage during his term, notably in 1834 and 1838, for gold, and
-1836, 1837, 1838, and 1840, for silver. But some of this work was done by
-Gobrecht as assistant. Kneass appears upon a pattern half dollar of 1838;
-but the silver dollar of 1836, as well as a pattern half of 1838, were
-the work of his assistant. Prior to his appointment he had an engraving
-office on Fourth above Chestnut street, Philadelphia, which was a
-well-known rendezvous for the leading wits and men of culture, for which
-Philadelphia was then eminent.
-
-Mr. Kneass died in office, August 27, 1840. A good engraving of him hangs
-in the Assayer’s Office, inscribed “to his friend Adam Eckfeldt, Chief
-Coiner,”—who had been chiefly instrumental in securing his appointment.
-
-III. Christian Gobrecht was appointed December 21, 1840, to fill the
-vacancy made by the death of Kneass. He was born in Hanover, York Co.,
-Pa., December 23, 1785. In 1811 he went to Philadelphia, and became an
-engraver of bank notes, seals, calico printers’ rolls, bookbinders’ dies,
-etc. In 1836 he received an appointment as assistant to Mr. Kneass at
-the Mint, in which capacity he executed some important work. Among other
-similar performances he was highly commended for his Franklin Institute
-Medal.
-
-Christian Gobrecht continued in office until his death, July 23, 1844.
-
-IV. James B. Longacre was born August 11, 1794, in Delaware Co., Pa.
-He served an apprenticeship as a line engraver with George Murray,
-Philadelphia, and did some high class plate-work before he was free, in
-1819. He was one of the originators of the _National Portrait Gallery of
-Distinguished Americans_, the first volume of which appeared in 1834.
-Longacre drew from life and engraved many of the portraits entire.
-
-Like his predecessors, he died in office—January 1, 1869. During his
-term Mr. Longacre was variously assisted by P. F. Cross, William Barber,
-Anthony C. Paquet, and William H. Key. Cross was born in Sheffield,
-England, served several years in the Mint here, and died in 1856. He
-engraved the obverse of the Ingraham medal. Paquet was born in Hamburg,
-1814, emigrated 1848, served as assistant 1857 to 1864, died, 1882.
-He engraved the medals of Grant, Johnson, Buchanan, Everett, and the
-Life Saving Medals, with some others. Key is a native of Brooklyn, was
-appointed an assistant, 1864, and is still in the service. He executed
-the Kane Expedition and Archbishop Wood Medals. The changes and additions
-during the Longacre term were numerous and important, both as to alloys
-and denominations. The pattern pieces also record various experiments in
-the art of coining.
-
-V. William Barber, fifth Engraver of the Mint, was born in London, May
-2, 1807. He learned his profession from his father, John Barber, and was
-employed on silver-plate work, after his emigration to this country.
-
-He resided in Boston ten years, and was variously employed in his line
-of work. His skill in this way came to the knowledge of Mr. Longacre,
-then Engraver of the Mint, and he secured his services as an assistant in
-1865.
-
-In January, 1869, upon the death of Mr. Longacre, he was appointed as his
-successor, and continued in that position for the remainder of his life.
-His death, which resulted from severe chills, brought on by bathing at
-the seashore, occurred in Philadelphia, August 31, 1879.
-
-Besides much original work on pattern coins, he also produced over forty
-medals, public and private. The work on all of them was creditable, but
-we may specify those of Agassiz, Rittenhouse, and Henry, as very superior
-specimens of art. Mr. Barber was assisted by Mr. William H. Key, Mr.
-Charles E. Barber, and Mr. George T. Morgan.
-
-VI. Charles E. Barber, sixth Engraver, is a son of the preceding, and was
-born in London in 1840. He was appointed an assistant in 1869, and became
-the official head by promotion in 1880, to fill the vacancy caused by his
-father’s death. The appointment was not unmerited. One of Mr. Barber’s
-latest cards to the public is the new five-cent piece—a successful
-venture in very low relief. But his handiwork is more or less visible in
-all the principal medals executed since 1869. Since his appointment as
-Chief Engraver, the work of his department has been enormously increased
-by the number of medal dies demanded for the War Department and from
-other Government sources. Mr. Barber’s best work is seen in the medals of
-Presidents Garfield, Arthur, Indian Peace, Army Marksmanship, and Great
-Seal. He is particularly happy in “catching a likeness.” The head of
-Superintendent Snowden is a rare specimen of medallic portraiture.[22]
-
-Messrs. Key and Morgan are the Engraver’s assistants. The former has
-already received notice; the latter, Mr. George T. Morgan, was born in
-Birmingham, England, in 1845; he studied at the Art School there, and won
-a National Scholarship at the South Kensington, where he was a student
-two years. He is best known to the country by the so-called “Bland
-dollar,” which is his design and execution.
-
-We have reason to congratulate both the Government and the people that
-the engraving service is well and judiciously furnished.
-
-
-BENJAMIN RUSH,
-
-An eminent physician and philanthropist, was born near Philadelphia,
-December 24, 1745; he graduated from Princeton College in 1760; he
-afterwards studied medicine in Edinburgh, London, and Paris; returning
-to this country, he was elected Professor of Chemistry in the Medical
-College of Philadelphia in 1769. In 1776 he was elected to the
-Continental Congress, and was one of the signers of the Declaration
-of Independence in the same year; he was afterwards appointed
-Surgeon-General of Revolutionary Army, and voted for the adoption of
-the Constitution of the United States in 1787. Dr. Rush was a popular
-lecturer, and eminently qualified as a teacher of medicine. When the
-yellow fever scourged the City, and the public buildings were closed in
-1799 and 1800, he was very successful in his treatment of the victims
-of that epidemic. It is said that he visited and prescribed for one
-hundred patients in a single day. He was treasurer of the first United
-States Mint during the last fourteen years of his life. Dr. Rush died in
-Philadelphia in April, 1813. Among his nine children was Richard Rush,
-the statesman.
-
-NOTE.—Dr. Rush was the author of the first pamphlet on temperance
-published in this country, showing the injurious effects of alcoholic
-drinks on the human system, and is justly regarded as the father of the
-temperance movement, the Centennial of which has lately been celebrated
-throughout the United States, September, 1885.
-
-
-CASHIER.
-
-MARK H. COBB, the Cashier of the Mint from 1871 until the present time
-(1885), was born in Colebrook, Connecticut, in 1828. In 1861, Hon. Simon
-Cameron, then Secretary of War, appointed him Chief Clerk in the War
-Department, he having previously been his private secretary. After Mr.
-Cameron’s resignation as Secretary, Mr. Cobb, at the solicitation of the
-late Col. John W. Forney, accepted the position of Enrolling Clerk of the
-United States Senate in 1862. In 1871 he was appointed to the responsible
-position of Cashier in the United States Mint.
-
-ALBION COX, first assayer of the Mint was appointed April 4, 1794. His
-commission, signed by Washington, until recently, hung upon the walls of
-the assay office. But little is known of Mr. Cox, save that he was an
-Englishman by birth, and a good officer, as appears from the following
-report to the Secretary of the Treasury made by Director Boudinot, under
-date, December 3, 1795. He says: “The sudden and unexpected death of the
-assayer, Mr. Albion Cox, on Fryday last by an apoplectic fit, deprived
-the Mint of an intelligent officer, essentially necessary to the future
-progress in the coinage of the precious metals. Until this officer is
-replaced, the business at the Mint must be confined to striking cents
-only.”
-
-He therefore held office about a year and eight months.
-
-Joseph Richardson, second assayer, was appointed December 12, 1795. He
-belonged to an old Quaker family distinguished for ability and character.
-Mr. Richardson fulfilled the duties of his office with credit and honor.
-He died in March, 1831. A water color portrait of him, dressed in plain
-Quaker garb, hangs in the assayers’ room. He held office over thirty-five
-years.
-
-John Richardson, son of the preceding, was appointed assayer March 31,
-1831. Finding the office not congenial with his tastes, and so subjecting
-him to undue responsibilities, he resigned April, 1832, holding office
-only a little over a year.
-
-
-CURATOR.
-
-R. A. MCCLURE, a gentleman skilled in the science of numismatics, was
-appointed Assistant Curator of the Coin Cabinet in 1868, and, upon the
-death of the Assayer and Chief Curator in 1881, the responsibilities of
-the Curatorship fell upon Mr. McClure.
-
-
-
-
-STANDARD WEIGHTS.
-
-
-The earliest series of standard weights now known, are two sets
-discovered by Mr. Layard in the ruins of Nineveh. They are now in the
-British Museum. William the Conqueror decreed the continuance, as the
-legal standard, of the pound in use by the Saxons. This and other
-standards of weight and measure were removed by the King from the City of
-Winchester to the Exchequer at Westminster, and placed in a consecrated
-building in charge of his chamberlains. The place of deposit is said
-to have been the crypt chapel of Edward the Confessor, in Westminster
-Abbey. In 1866 the office of Exchequer was abolished, and the Standards
-Department of the Board of Trade was established in London, assuming
-charge of the standards—an arrangement still in force.
-
-The old Saxon pound was the earliest standard of England. It was
-identical in weight with the old apothecaries’ pound of Germany,
-and equal to 5,400 of our later Troy grains. The pound sterling was
-determined from this weight in silver. Henry III., in 1266, decreed the
-following standards: The sterling, or penny, to weigh equal to thirty-two
-wheat corns, taken from the middle of the ear; twenty pence, one ounce;
-twelve ounces, one pound; eight pounds, one gallon of wine, which is
-the eighth part of a quarter. The idea of the grain was borrowed by the
-English from the French, and the Black Prince brought back with him from
-France the pound Troye, which was derived from the commercial town of
-that name. The use of the Troy standard was adopted by the druggists and
-jewelers, on account of its convenient reduction into grains.
-
-The pound avoirdupois, weighing 7,000 grains Troy, (Fr. _Avoir-du-poids_,
-“to have weight”), first appears in use during the reign of Edward III.,
-and it, as well as the Troy pound, has been employed without change ever
-since. In the year 1834 the English standards of weight and measure,
-consisting of a yard and pound Troy of brass, were destroyed by fire at
-the burning of the Houses of Parliament. A few years later a commission
-of scientific men was appointed to determine upon the restoration of
-the standards. This resulted in a succession of difficult problems
-resultant upon the oxidation to a greater or less extent of duplicates
-of the standard still existing, as also of the variation of the cubic
-inch of water, as in use in different lands. A cubic inch of distilled
-water, weighed in air against brass weights, at a temperature of 62
-degrees Fahr., the barometer being at 30 inches, had been determined by
-scientific men to be equal to 252.458 grains, of which the standard Troy
-pound contained 5,760.
-
-As the unit of length was also lost, a series of experiments was made in
-the vibration of a pendulum in a vacuum, marking seconds of mean time
-in the latitude of London at the level of the sea. These deductions,
-however, failed to be satisfactory, and the commission was compelled to
-fall back upon the best preserved of the duplicate standards existent.
-The Imperial Standard Pound is declared to be the true weight of an
-avoirdupois pound in a vacuum. It is a curious fact that the Imperial
-standards of platinum (which metal is not subject to oxidation), although
-balancing brass weights in a vacuum, weigh in air more than one-half a
-grain heavier than the latter. This is due to their greater displacement
-of space.
-
-The unit of weight in the United States is a Troy pound weight obtained
-from England, a duplicate of the original standard fixed by the
-commission of 1758, and reasserted by the commission of 1838. It is a
-bronze weight of 5,760 grains Troy. It is kept in a strong safe at the
-United States Mint, in Philadelphia. The President appoints an assay
-commission, whose members meet at Philadelphia annually, upon the second
-Wednesday in February, open the safe, and compare the copies, or the
-working weights, with the original upon the most delicately poised
-balances. Working standards of weights and measures are supplied by the
-Secretary of State to the State governments, which in turn supply them to
-the sealers of weights and measures of the various countries, who must
-compare with the State standard once a year.
-
-[Illustration: TROY STANDARD POUND WEIGHT.
-
-Fac-simile, exact size.]
-
-All of the scales and delicate test instruments in use by the government,
-not only in Philadelphia Mint, but at the several branch mints, are
-manufactured in this country, and as examples of wonderful mechanical
-machines of minute accuracy they lead the world. Some of them are the
-work of Mr. Henry Troemner, of Philadelphia, to whom, it is proper to
-say, the writer is largely indebted for the facts given in this article.
-Mr. Troemner, in the capacity of government expert, makes frequent visits
-to the most distant points in the Union for the verification of national
-standards. The Treasury Department made an especial request of him to
-exhibit at the New Orleans Exposition, a line of his fine balances.
-
-
-
-
-EXTRACT FROM CONSTITUTION OF THE UNITED STATES.
-
-
- ARTICLE I., Sect. 8. The Congress shall have power ... to coin
- money, regulate the value thereof and of foreign coins, and fix
- the standard of weights and measures, ... to provide for the
- punishment of counterfeiting the securities and current coin of
- the United States.
-
- ARTICLE I. Sect. 2. No State shall ... coin money, emit bills
- of credit, make anything but gold and silver coin a tender in
- payment of debts, ...
-
-
-Coinage, fiscal year 1887.
-
- ---------------+------------+---------------
- Description. | Pieces. | Value.
- ---------------+------------+---------------
- Gold | 3,724,720 | $22,393,279.00
- Silver | 44,231,288 | 34,366,483.75
- Minor Coins | 50,166,509 | 943,650.65
- ---------------+------------+---------------
- Total | 98,122,517 | $57,703,413.40
- ---------------+------------+----------------
-
-
-Total number of Coinage Dies made during the year 1887.
-
- Gold coinage 120
- Silver coinage 359
- Minor coinage 684
- Proof coinage 27
-
-
-Bullion for the Silver Dollar Coinage, 1887.
-
- --------------------------------------+---------------+---------------
- | Standard |
- Mode of acquisition. | ounces. | Cost.
- --------------------------------------+---------------+---------------
- Purchases, Treasury Department, | |
- Bureau of the Mint | 29,018,932.12 | $25,624,487.37
- Purchases by mint officers | 282,626.95 | 249,150.73
- Partings, bar charges and fractions | 131,783.20 | 114,982.36
- +---------------+----------------
- Total delivered on purchases | 29,433,342.27 | $25,988,620.46
- Balance on hand July 1, 1886 | 3,258,495.66 | 2,960,969.02
- +---------------+----------------
- Available for coinage of silver | |
- dollars during the fiscal year 1887 | 32,691,837.93 | $28,949,589.48
- --------------------------------------+---------------+----------------
-
-
-Value of the Gold and Silver (not including re-deposits) received at the
-Mints and Assay Offices during the fiscal years 1880-1887.
-
- --------+------------+------------+-------------
- Fiscal | | |
- years. | Gold. | Silver. | Total.
- --------+------------+------------+-------------
- 1880 |$ 98,835,096| $34,640,522| $133,475,618
- 1881 | 130,833,102| 30,791,146| 161,624,248
- 1882 | 66,756,652| 33,720,491| 100,477,143
- 1883 | 46,347,106| 36,869,834| 83,216,940
- 1884 | 46,326,678| 36,520,290| 82,846,968
- 1885 | 52,894,075| 36,789,774| 89,683,849
- 1886 | 44,909,749| 35,494,183| 80,403,932
- 1887 | 68,223,072| 47,756,918| 115,979,990
- --------+------------+------------+-------------
-
-
-Silver Coins of the United States.
-
- ----------------+-------+-------+---------------+--------+---------------
- |Coinage| | Amount coined |Standard|Amount for
- Denominations. | com- |Coinage| to June 30, | weight,| which a
- |menced.|ceased.| 1884. | grains.|legal tender.
- ----------------+-------+-------+---------------+--------+---------------
- Standard dollars| 1878 | |$175,355,829.00| 412.5 | Unlimited.
- Trade dollars | 1873 | 1878 | 35,959,360.00| 420. | Not a legal
- | | | | | tender.
- Dollars | 1793 | 1873 | 8,045,838.00| 412.5 | Unlimited.
- Half dollars | 1793 | | 122,765,735.00| 192.9 | Ten dollars.
- Quarter dollars | 1796 | | 38,495,918.75| 96.45| Ten dollars.
- Twenty cents | 1875 | 1878 | 271,000.00| 77.16| Five dollars.
- Dimes | 1796 | | 18,293,172.50| 38.58| Ten dollars.
- Half dimes | 1793 | 1873 | 4,906,946.90| 19.29| Five dollars.
- Three cents | 1851 | 1873 | 1,281,850.20| 11.52| Five dollars.
- ----------------+-------+-------+---------------+--------+---------------
-
-[Illustration: FAC-SIMILE REPRODUCTIONS OF CONTINENTAL CURRENCY.]
-
-
-Trade-Dollars Coined, Exported, Imported, Melted, and Redeemed (Act of
-March 3, 1887).
-
- Coined:
- Mint at Philadelphia $5,107,024
- Mint at San Francisco 26,647,000
- Mint at Carson 4,211,400
- -----------
- $35,965,924
- Exported 28,778,862
- Imported 1,706,020
- -----------
- Net export 27,072,842
- -----------
- 8,893,082
- Melted:
-
- { Previous to Redemption
- { Act $915,346
- As bullion. { Excluded from
- { redemption (mutilated
- { pieces, etc.) 4,113
- ---------- 919,459
- { Mint at Philadelphia 3,427,369
- { Mint at San Francisco 764,263
- Redeemed. { Mint at New Orleans 1,871
- { Assay office at New York 3,495,533
- ----------
- Total redeemed 7,689,036
- ---------
- Total melted 8,608,495
- ---------
-
- Not accounted for and not presented for redemption;
- employed in the arts; specimen pieces in the hands
- of coin collectors, carried out by emigrants, and
- in miscellaneous deposits of coin remelted at mints, etc. $284,587
-
-
-GROSS PROFITS ON SILVER COINAGE IN 1887.
-
-The seignorage or immediate gross profit on the coinage of silver
-dollars—that is, the difference between the cost of the bullion and the
-nominal value of the coins—during the fiscal year 1887, was $7,923,558.61.
-
-The seignorage on subsidiary coin manufactured during the year was
-$31,704.94, of which $1,130.65 was gained from the recoinage of old
-subsidiary coins in the Treasury.
-
-The total seignorage on the silver coinage during the fiscal year was
-$7,955,263.55.
-
-As stated in last fiscal report, the balance of silver profits remaining
-in the coinage mints on the 1st July, 1886, amounted to $553,201.44.
-
-Adding to this the seignorage of the year, the total gross silver profits
-to be accounted for by the mints is $8,508,464.99.
-
-Of this there was paid for expenses of distributing silver coin
-$35,059.03, and reimbursed for wastage and loss on sale of sweeps
-$20,294.88.
-
-The seignorage on the coinage of silver at the mints of the United States
-from July 1, 1878, to the close of the fiscal year ended June 30, 1887,
-has amounted to $39,057,566.90.
-
-
-Tabulated Statement of Expenditures of the Mint at Philadelphia, for the
-Fiscal Year ended June 30, 1887.
-
- -----------------------------------------+-----------
- Items. | Amount.
- -----------------------------------------+-----------
- Acids | $7,149.28
- Belting | 315.07
- Charcoal | 1,873.42
- Chemicals | 832.58
- Coal | 16,332.20
- Copper | 13,585.00
- Crucibles, covers, stirrers, and dippers | 3,712.72
- Dry goods | 1,198.97
- Fluxes | 3,560.91
- Freight and drayage | 252.12
- Gas | 4,098.78
- Gloves and gauntlets | 5,930.40
- Hardware | 957.01
- Ice | 613.45
- Iron and steel | 205.91
- Labor and repairs | 3,417.82
- Loss on sale of sweeps | 1,301.15
- Lumber | 2,109.74
- Machinery and appliances | 2,617.49
- Metal work and castings | 1,697.61
- Oil | 1,047.12
- Salt | 117.56
- Stationery, printing and binding | 773.42
- Sundries | 6,230.61
- Telegraphing | 28.87
- Washing | 42.67
- Wood | 5,432.62
- Zinc | 935.57
- Steam-power plant | 11,464.27
- Manufacture of 5-cent nickel blank | 19,498.50
- +-----------
- Total |117,332.84
- Salaries | 40,665.69
- Wages of workmen |426,593.93
- +-----------
- Aggregate |581,597.46
- -----------------------------------------+-----------
-
-
-Value of the Foreign Gold Coins Deposited at the United States Assay
-Office at New York during the Year ended June 30, 1887.
-
- ----------------------+---------------+-----------------+---------------
- | Denominations | Total of each | Total by
- Countries of Coinage. | of coin. | denomination of | countries of
- | | coin. | coinage.
- ----------------------+---------------+-----------------+---------------
- Costa Rica | Mixed | 257.56 | $257.56
- France | 20 francs | 1,219,351.02 | 1,219,351.02
- Germany | 20 marks | 179,121.67 | 179,121.67
- Great Britain | Sovereigns | 1,018,036.21 | 1,018,036.21
- Japan | Yens | 18,608.37 | 18,608.37
- Mexico | 20 pesos | 388,668.88 |
- ” | 10 pesos | 1,341.64 |
- ” | Doubloons | 1,178.60 | 391,189.12
- Russia | 5 roubles | 155,237.39 |
- ” | Roubles | 2,596.80 |
- ” | ½ imperials | 577,223.34 | 735,057.53
- Peru | 20 soles | 999.82 | 999.82
- Spain | Doubloons | 3,101,388.08 |
- ” | Isabellines | 98,151.58 |
- ” | 25 pesetas | 957,276.17 |
- ” | Mixed | 179,863.62 | 4,336,679.45
- U. S. Colombia | Cinco pesos | 709.76 | 709.76
- | +-----------------+---------------
- Total | | $7,900,010.51 | $7,900,010.51
- ----------------------+---------------+-----------------+---------------
-
-The total value of both gold and silver deposited and purchased at
-the mints of the United States during the fiscal year 1887, not
-including redeposits, was $115,979,991.62, and including redeposits,
-$131,635,811.34.
-
-The value of the gold and silver received at the mints and assay offices
-during the fiscal year 1887, was greater than any previous year since
-1881.
-
-
-
-
-IMPROVEMENTS MADE AT THE PHILADELPHIA MINT IN 1887, UNDER THE SUPERVISION
-OF HON. DANIEL M. FOX.
-
-
-Impairment of the foundation of the old engine, together with the
-requirement of increased power, at the mint at Philadelphia led to a
-special appropriation by Act of Congress of $54,639.20, in accordance
-with specifications for the renewal of the steam motive plant and for its
-transfer from the centre of the building to space newly provided near the
-northern outer wall. The work, undertaken in July, was, by extraordinary
-exertions on the part of all engaged, completed early in September, with
-an interruption of less than two months to the regular course of complete
-operations. Two new 150-horse-power duplex steam-engines and one of
-50-horse-power have been erected in the north basement, along with three
-tubular boilers, coal bunkers, etc.
-
-By this important improvement in plant valuable space has been secured in
-the centre basement and ground floor for vaults and other necessities.
-
-The number of assays made during the year was some 66,000, of which
-48,000 were silver and 18,000 gold.
-
-The melter and refiner of the mint operated upon a larger quantity of
-bullion than in any previous year in the history of the institution. The
-operations by this officer may be stated as follows:
-
- Ounces.
- Gold deposits 409,326
- Silver deposits 44,239,881
- Parted and refined 721,765
-
-As this bullion is handled more than sixteen times in the processes of
-melting and preparation for coinage or for manufacture of fine bars, the
-combined operations represent a single handling of nearly 25,000 tons.
-
-The operations of the coiner’s department may be stated as follows:
-
- Ounces.
- Gold 13,574
- Silver 42,924,485
- Minor coinage metal 5,588,897
- ----------
- Total 48,526,956
-
-The total coinage was $23,277,600.80, the total number of pieces being
-81,532,391.
-
-In addition to the coinage executed during the year, gold and silver bars
-were manufactured as follows:
-
- Gold $58,188,953.66
- Silver 6,481,611.25
- --------------
- Total $64,670,564.91
-
-
-Gold and Silver Bullion in the Mints and Assay Offices July 1, 1887.
-
- --------+-------------
- Metal. | Cost.
- --------+-------------
- Gold | $85,512,270
- Silver | 10,455,650
- |------------
- Total | $95,967,920
- --------+------------
-
-
-Total Metallic Stock in the United States July 1, 1887, Coin and Bullion
-included.
-
- --------+---------------
- | Value.
- --------+---------------
- Gold | $654,520,335
- Silver | 352,993,566
- +---------------
- Total |$1,007,513,901
- --------+---------------
-
-At the beginning of the fiscal year 1887 there was on hand at the mints
-at Philadelphia, New Orleans and San Francisco, silver bullion purchased
-for the silver dollar coinage amounting to $2,960,969.02. There was
-delivered at the mints on purchases of all kinds during the year, as
-above, 29,433,342.27 standard ounces, at a cost of $25,988,620.46,
-making the total amount of silver available during the fiscal year
-for the silver dollar coinage 32,691,837.93 standard ounces, costing
-$28,949,589.48.
-
-The price paid by this Bureau on November 1, 1887, for silver purchases
-for the silver dollar coinage was $0.9580.80 per ounce fine.
-
-The production of silver, notwithstanding the large depreciation in the
-market value of that metal, has steadily increased from $115,000,000
-in 1883 to $130,000,000 in 1886. The production of the world for the
-calendar years 1883, 1884, 1885 and 1886 is exhibited in the following
-table:
-
-
-World’s Production of Gold and Silver.
-
- ---------+-----------------------+------------------------
- | Gold. | Silver.
- Calendar +----------+------------+----------+-------------
- Years. |Kilograms.| Value.[23] |Kilograms.| Value.[24]
- ---------+----------+------------+----------+-------------
- 1883 | 143,533 | $95,392,000| 2,769,197| $115,088,000
- 1884 | 153,017 | 101,694,000| 2,804,725| 116,564,000
- 1885 | 154,942 | 102,975,000| 3,062,009| 127,257,000
- 1886 | 147,097 | 97,761,000| 3,137,175| 130,383,000
- ---------+----------+------------+----------+-------------
-
-The United States still maintains first rank among the nations of the
-world as the largest producer of the precious metals, having produced
-during the calendar year 1886 gold and silver of the coining value
-of $86,000,000. Mexico retains second rank, with a production of
-$33,614,000, of which $33,000,000 was silver. Australia has a production
-of $27,647,000, of which $26,425,000 was gold. Russia is credited with a
-production of $21,046,000, of which $20,518,000 was gold.
-
-
-Circulation of Standard Silver Dollars at the end of each six months,
-from July 1, 1885, to July 1, 1887, and on October 1, 1887.
-
- ----------------+-------------+---------------------------+-------------
- | | In the Treasury. |
- | +-------------+-------------+
- | | Held for | Held in |
- Period. | Total | payments of | excess of | In
- | coinage. |certificates |certificates | circulation.
- | |outstanding. |outstanding. |
- ----------------+-------------+-------------+-------------+-------------
- July 1, 1885 |$203,884,381 |$101,530,946 |$63,882,166 | $38,471,269
- January 1, 1886 | 218,259,761 | 93,179,465 | 72,538,725 | 52,541,571
- July 1, 1886 | 233,723,286 | 88,116,225 | 93,137,341 | 52,469,720
- January 1, 1887 | 249,683,647 | 117,246,670 | 71,259,568 | 61,177,409
- July 1, 1887 | 266,990,117 | 142,118,017 | 69,365,953 | 55,506,147
- October 1, 1887 | 273,660,157 | 154,354,826 | 58,688,970 | 60,616,361
- ----------------+-------------+-------------+-------------+-------------
-
-
-Appropriations for the support of Mints and Assay Offices for the fiscal
-year 1888.
-
- ----------------+----------+----------+----------+----------+---------
- Institutions. | Salaries.| Wages of |Contingent|Repairs of| Total.
- | | workmen. | expenses.|buildings.|
- ----------------+----------+----------+----------+----------+----------
- _Coinage mints._| | | | |
- | | | | |
- Philadelphia | $41,550 | $293,000 | $100,000 | | $434,550
- San Francisco | 41,900 | 170,000 | 40,000 | | 251,900
- Carson | 29,550 | 60,000 | 25,000 | | 114,550
- New Orleans | 31,950 | 74,000 | 35,000 | | 140,950
- | | | | |
- _Assay offices._| | | | |
- | | | | |
- New York | 39,250 | 25,000 | 10,000 | | 74,250
- Denver | 10,950 | 14,000 | 6,000 | $2,000 | 32,950
- Helena | 7,700 | 12,000 | 6,000 | | 25,700
- Boise City | 3,000 | | 5,000 | 1,000 | 9,000
- Charlotte | 2,750 | | 2,000 | | 4,750
- Saint Louis | 3,500 | | 2,400 | | 5,900
- ----------------+----------+----------+----------+----------+-----------
- Total | $212,100 | $648,000 | $231,400 | $3,000 |$1,094,500
- ----------------+----------+----------+----------+----------+-----------
-
-
-Comparison of expenditures, years 1886 and 1887.
-
- -----------------------+--------------+--------------
- Appropriations. | 1886. | 1887.
- -----------------------+--------------+--------------
- Salaries |$ 189,331.48 | $192,907.13
- Wages of workmen | 593,865.07 | 601,787.25
- Contingent expenses | 164,183.47 |[25]193,704.93
- Standard silver dollar | 119,976.00 | 200,189.02
- -----------------------+--------------+--------------
- Total |$1,067,356.02 | $1,188,588.33
- -----------------------+--------------+--------------
-
-
-Production in round numbers of precious metals in United States for 1886.
-
- -----------------------------+------------+-------------+------------
- State or Territory. | Gold. | Silver. | Total.
- -----------------------------+------------+-------------+------------
- Alaska | $446,000 | $2,000 | $448,000
- Arizona | 1,110,000 | 3,400,000 | 4,510,000
- California | 14,725,000 | 1,400,000 | 16,125,000
- Colorado | 4,450,000 | 16,000,000 | 20,450,000
- Dakota | 2,700,000 | 425,000 | 3,125,000
- Georgia | 152,500 | 1,000 | 153,500
- Idaho | 1,800,000 | 3,600,000 | 5,400,000
- Montana | 4,425,000 | 12,400,000 | 16,825,000
- Nevada | 3,090,000 | 5,000,000 | 8,090,000
- New Mexico | 400,000 | 2,300,000 | 2,700,000
- North Carolina | 175,000 | 3,000 | 178,000
- Oregon | 990,000 | 5,000 | 995,000
- South Carolina | 37,500 | 500 | 38,000
- Utah | 216,000 | 6,500,000 | 6,716,000
- Washington | 147,000 | 80,000 | 227,000
- Texas | | 200,000 | 200,000
- Alabama, Tennessee, Virginia,| | |
- Vermont, Michigan, | | |
- and Wyoming | 5,000 | 5,000 | 10,000
- -----------------------------+------------+-------------+------------
- Total |$34,869,000 | $51,321,500 | $86,190,500
- -----------------------------+------------+-------------+------------
-
-
-Production of the United States from 1880 to 1886.
-
- ---------------+-----------+-----------+-------------
- Calendar Years.| Gold. | Silver. | Total.
- ---------------+-----------+-----------+-------------
- 1880 |$36,000,000|$39,200,000|$75,200,000
- 1881 | 34,700,000| 43,000,000| 77,700,000
- 1882 | 32,500,000| 46,800,000| 79,300,000
- 1883 | 30,000,000| 46,200,000| 76,200,000
- 1884 | 30,800,000| 48,800,000| 79,600,000
- 1885 | 31,800,000| 51,600,000| 83,400,000
- 1886 | 35,000,000| 51,000,000| 86,000,000
- ---------------+-----------+-----------+-------------
-
-
-Gold and silver product in the United States and amount coined in 1886.
-
- GOLD.
-
- Value of the product of the mines, 1886 $98,000,000
- Coinage executed in 1886 $92,650,000
- Recoinage 9,600,000
- -----------
- Net coinage 1886 83,050,000
- -----------
- Leaving new gold for employment in the arts $14,950,000
- ===========
-
- SILVER.
-
- Value of the product of the mines, 1886 $130,000,000
- Coinage executed in 1886 $124,670,000
- Recoinage 13,950,000
- ------------
- Net coinage 1886 110,720,000
- -----------
- Leaving new silver for employment in the arts $19,280,000
- ===========
-
-
-Minor Coins Shipped to the Different States and Territories from the Mint
-at Philadelphia during the Fiscal Year 1887.
-
- --------------------+------------+------------
- | 1-cent | 5-cent
- State or Territory. | bronze. | nickel.
- --------------------+------------+------------
- Alabama | $25.00 | $5,375.00
- Arkansas | 20.00 | 890.00
- Arizona | 20.00 |
- California | 1,215.00 | 11,585.00
- Colorado | 105.00 | 6,090.00
- Connecticut | 6,230.00 | 6,010.00
- Delaware | 385.00 | 950.00
- District of Columbia| 200.00 | 300.00
- Dakota | 1,590.00 | 3,640.00
- Florida | 190.00 | 840.00
- Georgia | 490.00 | 3,020.00
- Indiana | 10,669.37 | 18,710.00
- Iowa | 8,330.00 | 11,970.00
- Illinois | 51,831.00 | 68,355.00
- Idaho | | 80.00
- Kentucky | 1,775.00 | 12,950.00
- Kansas | 4,440.00 | 8,720.00
- Louisiana | 400.00 | 6,510.00
- Michigan | 17,840.00 | 11,786.00
- Massachusetts | 38,815.00 | 39,210.00
- Minnesota | 10,405.00 | 13,615.00
- Maine | 1,325.00 | 1,215.00
- Mississippi | 25.00 | 250.00
- Montana | | 2,020.00
- Maryland | 14,270.00 | 22,070.00
- Missouri | 7,650.00 | $49,490.00
- New York | 128,125.00 | 73,870.00
- North Carolina | 1,035.00 | 1,290.00
- New Jersey | 12,965.00 | 11,835.00
- New Hampshire | 800.00 | 2,600.00
- New Mexico | | 400.00
- Nebraska | 2,710.00 | 14,865.00
- Ohio | 29,015.00 | 34,990.00
- Oregon | 20.00 | 3,510.00
- Pennsylvania | 25,509.00 | 45,045.00
- Rhode Island | 6,951.00 | 3,100.00
- South Carolina | 800.00 | 2,865.00
- Texas | 150.00 | 7,320.00
- Tennessee | 1,280.00 | 15,890.00
- Utah | | 1,320.00
- Virginia | 3,080.00 | 5,540.00
- Vermont | 1,370.00 | 900.00
- West Virginia | 1,235.00 | 2,380.00
- Wisconsin | 7,230.00 | 10,755.00
- Washington Territory| | 500.00
- Wyoming | | 260.00
- +------------+------------
- Total |$400,510.37 |$544,686.00
- --------------------+------------+------------
-
-
-Minor Coins Struck and Remelted from the Organization of the Mint, and
-the Amount Outstanding June 30, 1887.
-
- ---------------------+---------------+--------------+---------------
- | | | Outstanding,
- Denomination. | Coined. | Remelted. | June 30, 1887.
- ---------------------+---------------+--------------+---------------
- Copper cents | $1,562,887.44 | $372,741.70 | $1,190,145.74
- Copper half cents | 399,926.11 | |
- Copper nickel cents | 2,007,720.00 | 735,616.30 | 1,272,103.70
- Bronze cents | 4,319,275.48 | 24,517.11 | 4,294,758.37
- Bronze 2-cent pieces | 912,020.00 | 292,128.08 | 619,891.92
- Nickel 3-cent pieces | 903,705.00 | 175,541.44 | 728,163.56
- Nickel 5-cent pieces | 8,691,671.75 | 61,934.00 | 8,629,737.75
- +---------------+--------------+---------------
- Total |$18,437,205.78 |$1,662,478.63 |$16,734,801.04
- ---------------------+---------------+--------------+---------------
-
-On the 30th June, 1886, the amount of minor coin in the Treasury was
-$377,814. Of this amount over $160,000 proved to be in 3-cent nickel
-pieces, for which there was no demand, and over $60,000 in uncurrent
-minor coins of former issues was transferred for recoinage, confined to
-1-cent bronze and 5-cent nickel pieces. The demand for 1-cent bronze
-and 5-cent nickel pieces, at first sudden, has since been urgent and
-continuous; at times largely beyond the ability of the mint to promptly
-meet.
-
-
-Operations Fiscal Year, 1887.
-
- Bars manufactured:
- Gold $58,188,953.66
- Silver 6,481,611.25
- -----------------
- Total 64,670,564.91
- ===============
- Coinage executed:
- Gold $22,393,279.00
- Silver 34,366,483.75
- Minor 943,650.65
- ----------------
- Total 57,703,413.40
- ===============
- Refinery earnings $143,258.52
-
-
-
-
-SUMMARY OF THE OPERATIONS OF THE MINTS AND ASSAY OFFICES.
-
-
-The value of the gold and silver deposited at the mints and assay offices
-of the United States during the fiscal year 1887 was $131,635,811.34.
-This aggregate, however, but partially measures the successive operations
-upon the bullion represented by this value. For example, it may be
-interesting to show the operations by the melters and refiners of the
-four mints and of the assay office at New York, as measured by the value
-of the bullion successively operated upon. These may be stated as follows:
-
-
-Bullion Operated upon by the Melters and Refiners, 1887.
-
- --------------+------------------+--------------
- Metal. | Standard ounces. | Value.
- --------------+------------------+--------------
- Gold | 5,919,878 | $110,137,265
- Silver | 70,764,794 | 82,344,487
- +------------------+--------------
- Total value | | $192,481,752
- --------------+------------------+--------------
-
-The operations of the coinage departments of the mints were as follows:
-
-
-Operations of Coinage Departments, 1887.
-
- --------------+------------------+--------------
- Metal. | Standard ounces. | Value.
- --------------+------------------+--------------
- Gold | 2,632,005 | $48,967,440
- Silver | 61,896,692 | 72,025,241
- +------------------+--------------
- Total value | | $120,992,681
- --------------+------------------+--------------
-
-The 1-cent and 2-cent bronze pieces were recoined into 1-cent bronze
-pieces, and the copper nickel 1-cent, and the 3-cent and 5-cent nickel
-pieces were used in the coinage of new 5-cent nickel pieces.
-
-
-Form and Location of the Moneys of the United States and the Bullion
-awaiting Coinage in the Mints July 1, 1887.
-
-[Exclusive of Minor Coin and Minor-Coinage Metal.]
-
- -------------------------+---------------+---------------+--------------
- | | In National |In other Banks
- | In Treasury. | Banks.[26] | and General
- | | | Circulation.
- -------------------------+---------------+---------------+--------------
- METALLIC. | | |
- Gold bullion | $85,512,270| |
- Silver bullion | 4,091,414| |
- Silver bullion (melted | | |
- trade dollars) | 6,364,236| |
- Gold coin | 192,368,915|[27]$98,137,439| $278,501,711
- Silver dollar | 211,483,970| 6,343,213| 49,162,934
- Subsidiary silver coin | 26,977,493| 2,813,138| 45,757,168
- +---------------+---------------+--------------
- Total | $526,798,298| $107,293,790| $373,421,813
- +===============+===============+==============
- REPRESENTATIVE. | | |
- Legal-tender notes |[28]$28,783,796| $74,477,342| $243,419,878
- Old demand notes | | | 57,130
- Certificates of deposit | 310,000| 7,810,000| 960,000
- Gold certificates | 30,261,380| 54,274,940| 36,950,497
- Silver certificates | 3,425,133| 3,535,479| 138,582,538
- National bank notes | 197,046| 22,962,737| 256,058,005
- Fractional paper currency| 2,366| 564,266| 6,380,332
- +---------------+---------------+--------------
- Total | $62,979,721| $163,624,764| $682,408,380
- -------------------------+---------------+---------------+--------------
-
- -------------------------+---------------
- |
- | Total.
- |
- -------------------------+---------------
- METALLIC. |
- Gold bullion | $85,512,270
- Silver bullion | 4,091,414
- Silver bullion (melted |
- trade dollars) | 6,364,236
- Gold coin | 569,008,065
- Silver dollar | 266,990,117
- Subsidiary silver coin | 75,547,799
- +---------------
- Total |$1,007,513,901
- +===============
- REPRESENTATIVE. |
- Legal-tender notes | $346,681,016
- Old demand notes | 57,130
- Certificates of deposit | 9,080,000
- Gold certificates | 121,486,817
- Silver certificates | 145,543,150
- National bank notes | 279,217,788
- Fractional paper currency| 6,946,964
- +---------------
- Total | $909,012,865
- -------------------------+---------------
-
-
-Gold and Silver Coin in the United States November 1, 1887.
-
- ----------------------+------------+-------------------------------------
- | | Silver Coin.
- | +------------+-----------+------------
- Date. | Gold Coin. | Full Legal |Subsidiary.| Total
- | | Tender. | | Silver.
- ----------------------+------------+------------+-----------+------------
- Last official | | | |
- statement | | | |
- July 1, 1887 |$569,008,065|$266,990,117|$75,547,799|$342,537,916
- Gain subsequent to | | | |
- above statement | | | |
- (estimate) | 5,919,808| 10,120,040| 210,387| 10,330,427
- +------------+------------+-----------+------------
- Estimate for November | | | |
- 1, 1887 |$574,927,873|$277,110,157|$75,758,186|$352,868,343
- ----------------------+------------+------------+------------------------
-
- ----------------------+-------------
- |
- | Total Gold
- Date. | and Silver
- | Coin.
- ----------------------+-------------
- Last official |
- statement |
- July 1, 1887 |$911,545,981
- Gain subsequent to |
- above statement |
- (estimate) | 16,250,235
- +-------------
- Estimate for November |
- 1, 1887 |$927,796,216
- ----------------------+-------------
-
-
-Estimate of Coin Circulation July 1, 1887.
-
- ------------------------------+------------+--------------+--------------
- Items. | Gold. | Silver. | Total.
- ------------------------------+------------+--------------+--------------
- Estimated circulation July 1, | | |
- 1886 |$548,320,031| $308,784,223 | $857,104,254
- Coinage for fiscal year 1887 | 22,393,279| 34,366,483 | 56,759,762
- Net imports | 2,311,739| 409,151 | 2,720,890
- +------------+--------------+--------------
- Total |$573,025,049| $343,559,857 | $916,584,906
- +============+==============+==============
- Less deposits of United | | |
- States coin | 516,984| 821,941 | 1,338,925
- Used in the arts | 3,500,000| 200,000 | 3,700,000
- +------------+--------------+--------------
- Total | 4,016,984| 1,021,941 | 5,038,925
- +============+==============+==============
- Estimated circulation July 1, | | |
- 1887 |$569,008,065| $342,537,916 | $911,545,981
-
-
-Table showing the Total Paper and Specie Circulation in each of the
-Principal Countries of the World, and the Amount of Specie in Bank and
-National Treasuries, and the Amount of Active Circulation.
-
-(Officially Reported in 1884.)
-
- -------------------------+-----------+--------------+------------------
- | |Total metallic| Amount of
- Countries. |Population.| and paper |specie in national
- | | circulation. | treasuries
- | | | and banks.
- -------------------------+-----------+--------------+------------------
- United States | 50,155,783|$1,745,926,755| $534,033,074
- Great Britain and Ireland| 35,246,562| 876,318,139| 154,182,691
- Dominion of Canada, | | |
- including Manitoba | | |
- and Newfoundland | 4,506,563| 59,596,084| 9,111,148
- British India |252,541,210| 1,099,383,126| 78,358,000
- Ceylon | 2,758,166| 2,335,300| 1,273,800
- Australia, Tasmania, | | |
- and New Zealand | 2,798,898| 96,010,722| 48,737,837
- Cape of Good Hope | 780,757| 38,078,000| 8,092,000
- France | 37,321,186| 1,990,961,912| 402,939,754
- Algiers | 2,867,626| 27,567,000| 5,564,476
- Guadeloupe | 185,460| 1,627,750| 564,935
- Belgium | 5,536,654| 186,326,515| 17,991,450
- Switzerland | 2,846,102| 53,180,731| 11,609,618
- Italy | 28,452,639| 533,548,521| 69,357,358
- Greece | 1,979,423| 29,143,000| 1,800,000
- Spain | 16,625,860| 270,812,440| 27,223,959
- Cuba | 1,394,516| 73,043,543| 14,181,243
- Luzon | 4,450,191| 4,198,000| 3,765,677
- Portugal, including | | |
- Azores and Madeira | 4,550,699| 46,367,680| 11,718,874
- Germany | 45,234,061| 825,473,023| 181,706,674
- Austria-Hungary | 35,839,428| 431,646,314| 98,131,401
- Sweden and Norway | 6,479,168| 43,058,443| 12,740,975
- Danish Kingdom | 2,096,400| 39,228,000| 14,070,000
- Netherlands | 4,061,580| 163,847,949| 55,114,112
- Russia | 98,323,000| 646,431,794| 124,008,153
- Turkey | 24,987,000| 83,315,976| 14,520,000
- Roumania | 5,376,000| 27,372,383| 3,995,298
- Mexico | 9,557,279| 52,048,529| 1,763,008
- Central America | 2,891,600| 4,701,861|
- Argentine Republic | 2,540,000| 71,371,850| 14,196,461
- Colombia | 3,000,000| 5,097,830| 200,000
- Brazil | 11,108,291| 139,871,255|
- Peru | 3,050,000| 14,980,820| 1,882,018
- Venezuela | 2,675,245| 2,682,700|
- Chili | 2,420,500| 32,555,341| 2,398,000
- Bolivia | 2,325,000| 6,908,533| 443,597
- Uruguay | 438,245| 11,587,000| 4,601,000
- Hayti | 572,000| 4,780,000|
- Japan | 36,700,110| 248,744,805| 28,486,973
- Hawaiian Islands | 66,895| 1,834,900| 808,200
- +-----------+--------------+------------------
- | | 9,991,964,524| 1,959,571,764
- -------------------------+-----------+--------------+------------------
-
- -------------------------+--------------+-------------
- | |
- Countries. | Active | Per capita
- | circulation. | of active
- | |circulation.
- -------------------------+--------------+-------------
- United States |$1,211,893,681| $24.16
- Great Britain and Ireland| 722,135,448| 20.49
- Dominion of Canada, | |
- including Manitoba | |
- and Newfoundland | 50,484,936| 11.22
- British India | 1,021,025,126| 4.05
- Ceylon | 1,061,500| .38
- Australia, Tasmania, | |
- and New Zealand | 47,272,885| 16.90
- Cape of Good Hope | 29,986,000| 38.40
- France | 1,588,022,158| 42.55
- Algiers | 22,002,524| 7.67
- Guadeloupe | 1,062,815| 5.73
- Belgium | 168,335,065| 30.40
- Switzerland | 41,571,113| 14.60
- Italy | 464,191,163| 16.31
- Greece | 27,343,000| 13.81
- Spain | 243,588,481| 14.65
- Cuba | 58,862,300| 42.21
- Luzon | 432,323| .10
- Portugal, including | |
- Azores and Madeira | 34,648,806| 7.61
- Germany | 643,766,349| 14.23
- Austria-Hungary | 333,514,913| 9.31
- Sweden and Norway | 30,317,468| 4.68
- Danish Kingdom | 25,158,000| 12.00
- Netherlands | 108,733,837| 26.77
- Russia | 522,423,641| 5.31
- Turkey | 68,795,976| 2.75
- Roumania | 23,377,085| 4.35
- Mexico | 50,285,521| 5.26
- Central America | 4,701,861| 1.62
- Argentine Republic | 57,175,389| 22.51
- Colombia | 4,897,830| 1.63
- Brazil | 139,871,255| 12.59
- Peru | 13,098,802| 4.29
- Venezuela | 2,682,700| 1.00
- Chili | 30,157,341| 12.45
- Bolivia | 6,464,936| 2.78
- Uruguay | 6,986,000| 15.94
- Hayti | 4,780,000| 8.35
- Japan | 220,257,832| 6.00
- Hawaiian Islands | 1,026,700| 15.35
- +--------------+-------------
- | 8,032,392,760|
- -------------------------+--------------+-------------
-
-
-WORLD’S COINAGE.
-
- ----------------+-----------+-------------
- Calendar years. | Gold. | Silver.
- ----------------+-----------+-------------
- 1884 |$99,432,795| $95,832,084
- 1885 | 94,728,008| 105,105,299
- 1886 | 92,653,400| 124,678,678
- ----------------+-----------+-------------
-
-The value of the United States gold coin deposited for recoinage,
-principally by the Treasurer of the United States, was $516,984.63,
-against $393,545.28 in the preceding year.
-
-In addition to the gold bullion both of domestic and foreign production,
-and the foreign and domestic gold coin deposited, old material in the
-form of jewelry, bars, old plate, etc., was received containing gold of
-the value of $2,265,219.85.
-
-The marked increase in the deposits of gold was at the assay office at
-New York, the value of the foreign gold bullion and coin deposited at
-that institution during the year being $30,621,006.95, exclusive of fine
-bars of its own manufacture, of the value of $7,933,743.98, imported and
-re-deposited.
-
-The value of the foreign gold bullion deposited was $22,571,328.70,
-against $4,317,068.27 in 1886.
-
-The value of the foreign gold coin received and melted was $9,896,512.28,
-against $5,673,565.04 in the year preceding.
-
-The value of the total deposits of gold during the fiscal year 1887,
-including all re-deposits as above cited, was $83,416,779.40, against
-$49,606,534.65 in 1886, an excess in the year 1887 of $33,810,244.75.
-
-The value of silver bullion of foreign extraction deposited at the mints
-during the year 1887 was $1,457,406.01.
-
-The value of foreign silver coin deposited during the year was
-$350,598.86, against $812,664.50 in the preceding year.
-
-The value of the United States silver coin deposited (calculated at
-the coining rate in silver dollars), not including trade-dollars, was
-$768,739.32, most of which consisted of worn and uncurrent silver coins
-transferred from the Treasury of the United States for recoinage.
-
-Trade-dollars were received mostly by transfer from the Treasury of the
-United States and melted. The bullion contained 5,837,791.87 standard
-ounces, of the coinage value in standard silver dollars of $6,793,066.89.
-
-
-EARNINGS AND EXPENDITURES OF THE MINTS AND ASSAY OFFICES.
-
-The total earnings amounted to $8,842,819.70, and the total expenditures
-and losses of all kinds to $1,437,442.95. The profits from operations on
-bullion during the past year amounted to the large sum of $7,405,386.75.
-
-A large portion of these earnings consisted of seignorage or profits on
-the manufacture of silver and minor coins.
-
-
-Highest and lowest prices of Gold in New York.
-
-Each month in 1862-1878.
-
- =========+===========+===========+===========+===========+===========
- Month. | 1862. | 1863. | 1864. | 1865. | 1866.
- ---------+-----------+-----------+-----------+-----------+-----------
- | _H._ _L._ | _H._ _L._ | _H._ _L._ | _H._ _L._ | _H._ _L._
- January | 103¾ 101¾ | 160¾ 133⅝ | 159⅜ 151½ | 234⅜ 197¼ | 144¼ 136¾
- February | 104¾ 102⅛ | 172½ 152½ | 161 157⅛ | 216¾ 196⅜ | 140⅝ 135¾
- March | 102½ 101⅛ | 171¾ 139 | 169¾ 159 | 201 148⅛ | 136½ 124⅞
- April | 102¼ 101½ | 157⅞ 145½ | 184¾ 166¼ | 154½ 143½ | 129½ 125¼
- May | 104⅛ 102⅛ | 154¾ 143½ | 190 168 | 145⅛ 128½ | 141½ 125⅛
- June | 109½ 103½ | 148⅜ 140½ | 250 193 | 147⅝ 135¼ | 167¾ 137½
- July | 120⅛ 108¾ | 145 123¼ | 285 222 | 146⅛ 138⅝ | 155¾ 147
- August | 116¼ 112½ | 129¾ 122⅛ | 261¾ 231½ | 145⅛ 140¼ | 152⅛ 146½
- September| 124 116½ | 143⅛ 126⅞ | 254½ 191 | 145 142⅝ | 147⅛ 143½
- October | 133½ 122 | 153¾ 140⅜ | 227¾ 189 | 149 144⅛ | 154⅜ 145½
- November | 133¼ 129 | 154 143 | 260 210 | 148¾ 145½ | 148⅝ 137½
- December | 134 128½ | 152¾ 148½ | 243 212¾ | 148½ 144½ | 141¾ 131¼
- +-----------+-----------+-----------+-----------+-----------
- Year | 134 101⅛ | 172½ 122⅛ | 285 151½ | 234⅜ 128½ | 167¾ 125⅛
- ---------+-----------+-----------+-----------+-----------+-----------
-
- =========+===========+===========+===========+===========
- Month. | 1867. | 1868. | 1869. | 1870.
- ---------+-----------+-----------+-----------+-----------
- | _H._ _L._ | _H._ _L._ | _H._ _L._ | _H._ _L._
- January | 137⅞ 132⅛ | 142¼ 133¼ | 136⅝ 134⅝ | 123¼ 119⅜
- February | 140⅜ 135⅛ | 144 139¾ | 136¼ 130⅞ | 121½ 115⅛
- March | 140⅜ 133⅝ | 141¼ 137⅞ | 132½ 130⅜ | 116⅜ 110¼
- April | 141⅝ 132⅝ | 140⅜ 137¾ | 134⅝ 131⅜ | 115⅜ 111½
- May | 138⅞ 135 | 140½ 139⅛ | 144¾ 134½ | 115½ 113¾
- June | 138¾ 136⅜ | 141¼ 139⅜ | 139⅝ 136½ | 114¾ 110⅞
- July | 140⅝ 138 | 145¼ 143⅛ | 137¾ 134¼ | 122¾ 111⅛
- August | 142½ 139⅞ | 150 143½ | 136½ 131⅜ | 122 114¾
- September| 146⅜ 141 | 145⅛ 141⅛ | 162½ 129¾ | 116¾ 112¼
- October | 145⅝ 140¼ | 140½ 133¾ | 132 128¼ | 113¾ 111⅛
- November | 141½ 138½ | 137 132 | 128⅜ 121⅛ | 113¾ 110
- December | 137⅞ 133 | 136¾ 134⅜ | 124 119½ | 111⅜ 110⅜
- +-----------+-----------+-----------+-----------
- Year | 146⅜ 132⅛ | 150 132 | 162½ 119½ | 123¼ 110
- ---------+-----------+-----------+-----------+-----------
-
- =========+===========+===========+===========+===========
- Month. | 1871. | 1872. | 1873. | 1874.
- ---------+-----------+-----------+-----------+-----------
- | _H._ _L._ | _H._ _L._ | _H._ _L._ | _H._ _L._
- January | 111¼ 110½ | 110⅛ 108½ | 114¼ 111⅝ | 112⅛ 110⅛
- February | 112¼ 110¾ | 111 109½ | 115⅛ 112⅞ | 113 111⅜
- March | 111⅝ 110⅛ | 110⅝ 109¾ | 118½ 114⅝ | 113⅞ 111¼
- April | 111¾ 110⅛ | 113¼ 109⅞ | 119⅛ 116¾ | 114⅜ 111¾
- May | 112¼ 111 | 114⅜ 112⅛ | 118⅝ 116⅝ | 113⅛ 111⅞
- June | 113⅛ 111¾ | 114¾ 113 | 118¼ 115 | 112¼ 110½
- July | 113¾ 111¾ | 115¼ 113½ | 116⅜ 115 | 110⅞ 109
- August | 113⅛ 111⅝ | 115⅝ 112⅛ | 116¼ 114⅜ | 110¼ 109¼
- September| 115⅜ 112¾ | 115⅛ 112⅝ | 116⅛ 110⅞ | 110¼ 109⅜
- October | 115 111½ | 115¼ 112¼ | 111¼ 107¾ | 110⅜ 109¾
- November | 112⅜ 110⅜ | 114¼ 111⅜ | 110½ 106⅛ | 112⅜ 110
- December | 110¼ 108⅜ | 113½ 111⅜ | 112⅝ 108⅜ | 112⅜ 110½
- +-----------+-----------+-----------+-----------
- Year | 115⅜ 108⅜ | 115⅝ 108½ | 119 106⅛ | 114⅜ 109
- ---------+-----------+-----------+-----------+-----------
-
- =========+===========+===========+===========+===========
- Month. | 1875. | 1876. | 1877. | 1878.
- ---------+-----------+-----------+-----------+-----------
- | _H._ _L._ | _H._ _L._ | _H._ _L._ | _H._ _L._
- January | 113⅜ 111¾ | 113¼ 112⅜ | 107⅛ 105¼ | 102⅞ 101¼
- February | 115⅜ 113¼ | 114⅛ 112¾ | 106⅛ 104⅝ | 102⅜ 101⅝
- March | 117 114⅜ | 115 113¾ | 105⅜ 104¼ | 102 100¾
- April | 115½ 114 | 113⅞ 112½ | 107⅞ 104¾ | 101¼ 100⅛
- May | 116⅜ 115 | 113¼ 112¼ | 107⅜ 106¼ | 101¼ 100⅜
- June | 117½ 116¼ | 113 111⅞ | 106⅜ 104¾ | 101 100⅝
- July | 117¼ 111¾ | 112⅜ 111⅜ | 106⅛ 105⅛ | 100¾ 100⅜
- August | 114¾ 112⅝ | 112⅛ 109¾ | 105½ 103⅞ | 100¾ 100½
- September| 117⅜ 113¾ | 110⅜ 109¼ | 104 102⅞ | 100½ 100⅛
- October | 117⅝ 114½ | 113¼ 108⅞ | 103⅜ 102½ | 100⅜ 100¼
- November | 116⅜ 114⅛ | 110⅛ 108⅛ | 103⅜ 102½ | 100½ 100⅛
- December | 115¼ 112⅝ | 109 107 | 103⅜ 102½ | 100½ 100
- +-----------+-----------+-----------+-----------
- Year | 117⅝ 111¾ | 115 107 | 107⅞ 102½ | 102⅞ 100
- ---------+-----------+-----------+-----------+-----------
-
-NOTE.—Specie payment resumed January 1, 1879, after a suspension of
-nearly 18 years.
-
-
-Latest official estimate of the values of foreign coins in the United
-States, January, 1887.
-
- -------------------+------------+-----------------------+----------------
- | | |
- COUNTRY. | Standard. | Monetary Unit. | Standard.
- -------------------+------------+-----------------------+----------------
- Argentine Republic | Double | Peso | Gold and silver
- Austria | S. silver | Florin | Silver
- Belgium | Double | Franc | Gold and silver
- Bolivia | S. silver | Boliviano | Silver
- Brazil | S. gold | Milreis of 1000 reis | Gold
- British Possessions| | |
- in N. A. | | Dollar | Gold
- Chili | Double | Peso | Gold and silver
- Cuba | Double | Peso | Gold and silver
- Denmark | S. gold | Crown | Gold
- Ecuador | S. silver | Peso | Silver
- Egypt | S. gold | Piaster | Gold
- France | Double | Franc | Gold and silver
- German Empire | S. gold | Marc | Gold
- Great Britain | S. gold | Pound sterling | Gold
- Greece | Double | Drachma | Gold and silver
- Hayti | Double | Gourde | Gold and silver
- India | S. silver | Rupee of 16 annas | Silver
- Italy | Double | Lira | Gold and silver
- Japan | Double | Yen | Silver
- Liberia | S. gold | Dollar | Gold
- Mexico | S. silver | Dollar | Silver
- Netherlands | Double | Florin | Gold and silver
- Norway | S. gold | Crown | Gold
- Peru | S. silver | Sol | Silver
- Portugal | S. gold | Milreis of 1000 reis | Gold
- Russia | S. silver | Rouble of 100 copecks | Silver
- Spain | Double | Peseta of 100 centimes| Gold and silver
- Sweden | S. gold | Crown. | Gold
- Switzerland | Double | Franc. | Gold and silver
- Tripoli | S. silver | Mahbub of 20 piasters | Silver
- Turkey | S. gold | Piaster. | Gold
- United States of | | |
- Colombia | S. silver | Peso. | Silver
- Venezuela | Double | Bolivar. | Gold and silver
- -------------------+------------+-----------------------+----------------
-
- -------------------+--------------+----------------------------------
- | Value in |
- COUNTRY. | U. S. Money. | Standard Coin.
- -------------------+--------------+----------------------------------
- Argentine Republic | 96.5 | ⅟₂₀, ⅒, ⅕, ½ and 1 peso, ½
- | | argentine.
- Austria | 35.9 |
- Belgium | 19.3 | 5, 10 and 20 francs.
- Bolivia | 72.7 | Boliviano.
- Brazil | 54.6 |
- British Possessions| |
- in N. A. | $1.00 |
- Chili | 91.2 | Condor, doubloon and escudo.
- Cuba | 93.2 | ⅟₁₆, ⅛, ¼, ½ and 1 doubloon.
- Denmark | 26.8 | 10 and 20 crowns.
- Ecuador | 72.7 | Peso.
- Egypt | 04.943 | 5, 10, 25, 50 and 100 piasters.
- France | 19.3 | 5,10 and 20 francs.
- German Empire | 23.8 | 5, 10 and 20 marks.
- Great Britain | 4.86.6½ | ½ sovereign and sovereign.
- Greece | 19.3 | 5, 10, 20, 50 and 100 drachmas.
- Hayti | 96.5 | 1, 2, 5 and 10 gourdes.
- India | 34.6 |
- Italy | 19.3 | 5, 10, 20, 50 and 100 lire.
- Japan | 78.4 | 1, 2, 5, 10 and 20 yen, gold and
- | | silver yen.
- Liberia | 1.00 |
- Mexico | 07.9 | Peso or dollar, 5, 10, 25 and 50
- | | centavo.
- Netherlands | 40.2 |
- Norway | 26.8 | 10 and 20 crowns.
- Peru | 72.7 | Sol.
- Portugal | 1.08 | 2, 5 and 10 milreis.
- Russia | 58.2 | ¼, ½ and 1 rouble.
- Spain | 19.3 | 5, 10, 20, 50 and 100 pesetas.
- Sweden | 26.8 | 10 and 20 crowns.
- Switzerland | 19.3 | 5, 10 and 20 francs.
- Tripoli | 65.6 |
- Turkey | 04.4 | 25, 50, 100, 250, 500 piasters.
- United States of | |
- Colombia | 72.7 | Peso.
- Venezuela | 19.3 | 5, 10, 20, 50 and 100 bolivar.
- -------------------+--------------+----------------------------------
-
-NOTE.—The “standard” of a given country is indicated as follows, namely:
-_Double_, where its standard silver coins are unlimited legal tender, the
-same as its gold coins; _S. gold_ or _S. silver_, as its standard coins
-of one or the other metal are unlimited legal tender. The par of exchange
-of the monetary unit of a country with a single gold, or a double,
-standard is fixed at the value of the gold unit as compared with the
-United States gold unit. In the case of a country with a single silver
-standard, the par of exchange is computed at the mean price of silver in
-the London market for a period commencing October 1 and ending December
-26, 1886, as per daily cable dispatches to the Bureau of the Mint.
-
-
-TREASURY DEPARTMENT.
-
- WASHINGTON, D. C., JANUARY 1, 1887.
-
-VALUES OF FOREIGN COINS.
-
-In accordance with the provisions of section 3564 of the Revised Statutes
-of the United States, the value of the standard coins of the various
-nations of the world were estimated by the Mint Bureau and proclaimed by
-the Department on January 1, 1887.
-
-These estimates, to be followed at the custom-houses of the United
-States on and after January 1, 1887, in determining the values of
-invoices expressed in terms of foreign units of account, are shown in the
-following table (see opposite page):
-
-The average price of silver in London for the period embraced between
-October 1 and December 26, 1886, was 45.862 pence per ounce, British
-standard, equivalent at the par of exchange to $1.00535 per ounce fine.
-
-The corresponding value of silver for the three months ending December
-24, 1885, was $1.038141 per ounce fine, a decline of $0.03279, a little
-over three cents a fine ounce.
-
-The depression in the price of silver occasioned a change in the
-estimated values given the following coins:
-
-
-Changes in Values of Foreign Coins from 1886 to 1887.
-
- ----------------------------------+-------------+-------------
- | Value, | Value,
- Coins. |Jan. 1, 1886.|Jan. 1, 1887.
- ----------------------------------+-------------+-------------
- Florin of Austria | $0.371 | $0.359
- Boliviano of Bolivia | .751 | .727
- Sucre of Ecuador | .751 | .727
- Rupee of India | .357 | .346
- Yen of Japan | .810 | .784
- Dollar of Mexico | .816 | .790
- Sol of Peru | .751 | .727
- Rouble of Russia | .601 | .582
- Mahbub of Tripoli | .677 | .656
- Peso of United States of Colombia | .751 | .727
- ----------------------------------+-------------+-------------
-
-The monetary unit of Egypt has been nominally changed from the piaster to
-the pound containing one hundred piasters.
-
-The monetary unit of Ecuador also has been nominally changed from the
-peso to the sucre, but with no change as to weight or fineness.
-
-In regard to Japan, in the table for 1887 the values of the gold and
-silver yen were estimated separately, for the reason that while by law
-the standard of Japan is gold, silver is practically the standard of
-value, and invoices of merchandise from Japan are generally in terms of
-the silver yen.
-
-
-Aggregate Issues of Paper Money in War times.
-
-The following table exhibits the amount per capita issued of the
-Continental money, the French assignats, the Confederate currency, and
-the legal-tender greenbacks and National bank notes of the United States.
-
- --------------------+----------------------------+-------------+---------
- | Population. | |
- --------------------+----------------------------+ +---------
- Continental money. | 3,000,000 in 1780 | | $119.84
- French assignats. | 26,500,000 (France in 1790)| | 343.98
- Confederate curr’cy.| 9,103,332 (11 Confederate | | 71.89
- | States, 1860) | |
- Greenbacks and | 31,443,321 (United States | |
- national | in 1860). | |
- bank notes. | |$750,820,228 | 23.87
- --------------------+----------------------------+-------------+---------
-
-
-Refining (by acids), fiscal year 1887.
-
- --------------+---------+----------------------+---------------------
- | | Gold. | Silver.
- Mint or | Gross +----------+-----------+----------+----------
- Assay Office. | ounces. | Standard | Value. | Standard | Value.
- | | ounces. | | ounces. |
- --------------+---------+----------+-----------+----------+----------
- Philadelphia. | 721,765| 190,539| $3,554,912| 553,437| $643,999
- San Francisco.|1,506,217| 365,970| 6,808,744| 1,248,071| 1,452,300
- Carson. | 45,447| 3,606| 67,088| 45,665| 53,137
- New Orleans. | 15,544| 4,840| 90,046| 11,167| 12,994
- New York. |3,822,148| 764,676| 14,226,530| 3,005,812| 3,497,672
- --------------+---------+----------+-----------+----------+----------
- Total. |6,111,121| 1,329,631|$24,737,320| 4,864,152|$5,660,102
- --------------+---------+----------+-----------+----------+----------
-
- --------------+-----------
- |
- Mint or | Total
- Assay Office. | value.
- |
- --------------+-----------
- Philadelphia. | $4,188,911
- San Francisco.| 8,261,044
- Carson. | 120,225
- New Orleans. | 103,040
- New York. | 17,724,202
- --------------+-----------
- Total. |$30,397,422
- --------------+-----------
-
-
-Value in United States Money, of One Ounce Troy of Gold, at different
-Degrees of Fineness.
-
- 500 Fine $10.33.6
- 510 ” 10.54.3
- 520 ” 10.74.9
- 530 ” 10.95.6
- 540 ” 11.16.3
- 550 ” 11.36.9
- 560 ” 11.57.6
- 570 ” 11.78.3
- 580 ” 11.99.
- 590 ” 12.19.6
- 600 ” 12.40.3
- 610 ” 12.61.
- 620 ” 12.81.7
- 630 ” 13.02.3
- 640 ” 13.23.
- 650 ” 13.43.7
- 660 ” 13.64.3
- 670 ” 13.85.
- 680 ” 14.05.7
- 690 ” 14.26.3
- 700 ” 14.47.
- 710 ” 14.67.7
- 720 ” 14.88.4
- 730 ” 15.09.4
- 740 ” 15.28.7
- 750 ” 15.50.4
- 760 ” 15.71.1
- 770 ” 15.91.7
- 780 ” 16.12.4
- 790 ” 16.33.1
- 800 ” 16.53.8
- 810 ” 16.74.4
- 820 ” 16.95.1
- 830 ” 17.15.8
- 840 ” 17.36.4
- 850 ” 17.57.1
- 860 ” 17.77.8
- 870 ” 17.98.4
- 880 ” 18.19.1
- 890 ” 18.39.8
- 900 ” 18.60.5
- 910 ” 18.81.1
- 920 ” 19.01.8
- 930 ” 19.22.5
- 940 ” 19.43.1
- 950 ” 19.63.8
- 960 ” 19.84.5
- 970 ” 20.05.2
- 980 ” 20.25.8
- 990 ” 20.46.5
- 1000 ” 20.67.2
- --------------------
-
-N. B.—When there is an intermediate degree of fineness, a short
-calculation is necessary. For every one-thousandth, add 2.07 cents per
-ounce for gold. Thus, one ounce of gold at 992 fine—$20.50.6
-
-
-Comparison of Expressing the Fineness of Gold in Thousandths, and in
-Carats.[29]
-
- 500 Fine 12.00 Carats
- 510 ” 12.08 ”
- 520 ” 12.15 ”
- 530 ” 12.23 ”
- 540 ” 12.31 ”
- 550 ” 13.07 ”
- 560 ” 13.14 ”
- 570 ” 13.22 ”
- 580 ” 13.29 ”
- 590 ” 14.05 ”
- 600 ” 14.13 ”
- 610 ” 14.20 ”
- 620 ” 14.28 ”
- 630 ” 15.04 ”
- 640 ” 15.11 ”
- 650 ” 15.19 ”
- 660 ” 15.27 ”
- 670 ” 16.03 ”
- 680 ” 16.10 ”
- 690 ” 16.18 ”
- 700 ” 16.25 ”
- 710 ” 17.01 ”
- 720 ” 17.09 ”
- 730 ” 17.17 ”
- 740 ” 17.24 ”
- 750 ” 18.00 ”
- 760 ” 18.08 ”
- 770 ” 18.15 ”
- 780 ” 18.23 ”
- 790 ” 18.31 ”
- 800 ” 19.07 ”
- 810 ” 19.14 ”
- 820 ” 19.22 ”
- 830 ” 19.29 ”
- 840 ” 20.05 ”
- 850 ” 20.13 ”
- 860 ” 20.20 ”
- 870 ” 20.28 ”
- 880 ” 21.04 ”
- 890 ” 21.11 ”
- 900 ” 21.19 ”
- 910 ” 21.27 ”
- 920 ” 22.02 ”
- 930 ” 22.10 ”
- 940 ” 22.18 ”
- 950 ” 22.25 ”
- 960 ” 23.01 ”
- 970 ” 23.09 ”
- 980 ” 23.17 ”
- 990 ” 23.24 ”
- 1000 ” 24.00 ”
- --------------------
-
-
-
-
-U. S. Mint Test for Gold and Silver.
-
-
-The following is a test for determining whether coin is good or bad.
-Use the liquids as near the edge of suspected coin as possible, as that
-is the part most worn. A drop of the preparation will have no effect on
-genuine coin, while it can be plainly seen on the counterfeit. Coins
-should be scraped slightly before using:
-
-TEST FOR GOLD.
-
- Strong Nitric Acid (36°), 39 parts.
- Muriatic Acid, 1 part.
- Water, 20 parts.
-
-TEST FOR SILVER.
-
- 24 grains Nitre of Silver.
- 30 drops Nitric Acid.
- 1 ounce Water.
-
-The above tests should be taken in conjunction with _Diameter_,
-_Thickness_, and _Weight_, the tests used at the Mint.
-
-
-
-
-GLOSSARY.
-
-_Terms used in treating of Bullion, Mints, Coinage, and Money._
-
-
-ASSAYING.—Chemical analysis of metals or ores. This term is employed in
-reference to mints and coinage, refers particularly to the process for
-determining the component parts and relative proportions of a mixed alloy
-of gold and silver, or the various alloys used for the manufacture of
-minor coins.
-
-REFINING.—Extract of base from precious metals; usually performed by the
-aid of heat and oxidizing fluxes.
-
-PARTING.—The separation of gold and silver when the two metals
-compose an alloy, either native or artificial, for the purpose of
-obtaining the metals, respectively, in the form of fine bars. This is
-accomplished, first, by dissolving the silver with acids and subsequently
-precipitating; or, second, by converting silver into chloride by heat and
-chlorine gas, and then reducing the chloride to a metallic state.
-
-ALLOYING.—Compounding two or more metals together in suitable or legal
-proportions for coinage. Gold and silver are alloyed with copper for
-standard coins, and alloys are variously made of nickel and copper, or of
-copper, tin, and zinc for minor coins.
-
-FINE BARS.—Gold and silver bars resulting from the operations of parting
-and refining. Bars containing 99 per cent. of pure metal are generally
-considered as fine bars.
-
-UNPARTED BULLION.—Gold containing silver or silver containing gold which
-has not been subjected to the parting operation.
-
-AMALGAM.—Gold and silver extracted from ores or other substances by the
-use of mercury and left in a porous or spongy condition, when the mercury
-is removed by distillation.
-
-FINENESS.—A term indicating the proportion of pure metal contained in a
-piece of gold or silver. Fineness is expressed in thousandths; that is,
-pure metal is 1000. United States coin is ⁹⁰⁰⁄₁₀₀₀ fine, or decimally
-.900 fine. Fineness is estimated by jewelers and workers in the precious
-metals by “carats,” pure metal being 24 carats. Thus 22 carats, the
-British standard for gold coins, is ²²⁄₂₄, or decimally, 916⅔ fine.
-
-DEPOSIT—MELTING.—The operation of melting a deposit of gold or silver
-at the Mint to secure a homogeneity of metals, preliminary to taking a
-sample for assaying.
-
-REMEDY OF THE MINT.—The legal variation allowed from the fineness and
-weight prescribed by law for the coins.
-
-TRIAL OF THE PYX.—The annual test made by special commissioners of the
-fineness and weight of coins reserved from each delivery of coin by the
-coiner to the superintendent. These coins are known as Pyx coins, because
-kept in a pyx or chest.
-
-REFRACTORY BULLION.—Gold or silver bullion which contains a small
-percentage of lead, tin, or antimony, and which is therefore too hard or
-brittle to roll, cut, or stamp with facility.
-
-WASTAGE.—The amount of gold and silver lost in the processes which these
-metals undergo preparatory to striking the coins. This “wastage” by law
-must not exceed a certain percentage of the gross amount of metals worked.
-
-SWEEPINGS.—The ashes, fluxes, crucibles, sweepings, and all other refuse
-materials from rooms in which the metals are worked, containing a small
-amount of gold and silver.
-
-STANDARD.—The weight and fineness fixed by law for the coins; hence the
-term “standard weight” or “standard fineness.”
-
-BASE BULLION.—Gold or silver bullion not fit for coinage purposes, by
-reason of the presence of base metals, until refined.
-
-MINT MARK.—The letter or mark on the coin, designating the mint at which
-it was struck; as “S” for San Francisco, “C C” for Carson City, “O” for
-New Orleans.[30]
-
-MONEY OF ACCOUNT.—The ideal unit, or money term, in which accounts are
-stated or transactions made, as the _pound sterling_ of Great Britain,
-the _dollar_ of the United States, the _franc_ of France, and the
-_reichsmark_ of the German Empire.
-
-COINS OF STANDARD VALUE.—In modern times a government first establishes
-a money of account or ideal unit, and then fixes by law the quantity
-of gold or silver which shall, in the form of a coin with unlimited
-legal-tender power, represent that ideal unit. Such coins, with their
-multiples and divisions, are termed “coins of standard value” or
-“standard coins.”
-
-SUBSIDIARY COINS.—In the United States silver coins of less denomination
-than the dollar, which have a nominal value exceeding their intrinsic or
-bullion value, and limited as legal tender to sums not exceeding five
-dollars.
-
-MINOR COINS.—Coins of small denominations used for change, and struck
-from other metals than gold or silver.
-
-MINT PRICES OF GOLD AND SILVER (COINING VALUE).—The rate per standard
-ounce at which the mint converts bullion into legal-tender coins. The
-coining rate of an ounce of standard gold bullion, _i. e._, bullion
-⁹⁰⁰⁄₁₀₀₀ fine in the United States is $18,604+. The coining rate of the
-silver dollar of 412½ grains, discontinued by law April 1, 1873, was
-$1.16⁴⁄₁₁ per standard ounce.
-
-THE BASIS OF THE MONEY SYSTEM of all civilized nations is gold or silver,
-or both, in a ratio fixed by law. The relative valuation of the two
-metals in the coins of nations using the double standard, is about one of
-gold to _fifteen and a half of silver_.
-
-
-_Partial List of Medals in Copper-Bronzed, also, in Gold and Silver,
-which may be obtained at the Mint._
-
- Size. Price.
- ARMY.
-
- Washington before Boston 42 $2.50
- Colonel William Washington, for Cowpens 28 1.50
- Major-General Harrison, for the Thames 40 1.50
- Major-General Scott, for Chippewa and Niagara 40 1.50
- Major-General Gaines, for Fort Erie 40 1.50
- Major-General Porter, for Chippewa, Niagara, and Erie 40 1.50
- Major-General Macomb, Battle of Plattsburgh 40 1.50
- Major-General Jackson, Battle of New Orleans 40 1.50
- Major-General Taylor, Palo Alto 40 1.50
- Major-General Taylor, for Monterey 40 1.50
- Major-General Taylor, for Buena Vista 56 3.00
- Major-General Scott, for Battles in Mexico 56 3.00
- Major-General Grant 64 8.00
- Colonel Lee, “Light-Horse Harry” 29 1.50
- Count DeFleury, for Stony Point 15 2.25
-
- NAVY.
-
- John Paul Jones, for Serapis 36 2.00
- Captain Hull, for Capture of Guerriere 40 1.50
- Captain Jacob Jones, for Capture of the Frolic 40 1.50
- Captain Decatur, for Capture of the Macedonian 40 1.50
- Captain Bainbridge, for Capture of the Java 40 1.50
- Captain Lawrence, for Capture of the Peacock 40 1.50
- Captain Burrows, for Capture of the Boxer 40 1.50
- Captain Perry, for Capture of British Fleet on Lake Erie 40 1.50
- Captain Elliott, for Capture of British Fleet on Lake Erie 40 1.50
- Captain Warrington, for Capture of the Epervier 40 1.50
- Captain Blakely, for Capture of the Reindeer 40 1.50
- Captain MacDonough, for Capture of the British Fleet on
- Lake Champlain 40 1.50
- Captain Henley, Capture of British Fleet on Lake Champlain 40 1.50
- Lieut. Cassin, Capture of British Fleet on Lake Champlain 40 1.50
- Captain Biddle, for Capture of the Penguin 40 1.50
- Captain Stewart, for Capture of the Cyane and Levant 40 1.50
- Captain Edw. Preble before Tripoli 40 1.50
-
- PRESIDENTIAL.
-
- John Adams 32 1.50
- Thomas Jefferson 47 2.50
- James Madison 40 1.50
- James Monroe 40 1.50
- John Q. Adams 40 1.50
- Andrew Jackson 40 1.50
- Martin Van Buren 40 1.50
- John Tyler 40 1.50
- James K. Polk 40 1.50
- Zachary Taylor 40 1.50
- Millard Fillmore 40 1.50
- Franklin Pierce 40 1.50
- James Buchanan 48 2.00
- Abraham Lincoln 48 2.00
- Andrew Johnson 48 2.00
- Ulysses S. Grant 48 2.00
- Rutherford B. Hayes 48 2.00
- James A. Garfield 48 2.00
- Chester A. Arthur 48 2.00
-
- SUB-NATIONAL MEDALS.
-
- Captain Perry (State of Pennsylvania), for Capture of the
- British Fleet on Lake Erie 40 1.50
- Pennsylvania Volunteers, Action on Lake Erie 40 1.50
- Major-General Scott (Commonwealth of Virginia) 56 3.00
-
- MISCELLANEOUS AMERICAN.
-
- Professor Agassiz Medal 30 1.50
- Colonel Armstrong, for Destruction of the Indian Village of
- Kittanning 27 1.00
- Captains Creighton, Low, and Stouffer, Wreck of Steamer
- San Francisco 47 2.00
- Captains Creighton, Low, and Stouffer, Wreck of Steamer
- San Francisco, by Congress 50 3.00
- Cornelius Vanderbilt, by Congress 48 2.50
- First Steam Coinage 16 .25
- Commodore M. C. Perry, from Merchants of Boston 40 2.00
- Pacific Railroad Medal 29 1.25
- Emancipation Proclamation Medal 29 1.00
- Cyrus W. Field, Atlantic Cable Medal 64 8.00
- Dr. Joseph Pancoast 48 3.00
- Grant Indian Peace Medal 40 3.00
- Garfield Indian Peace Medal (oblong) 2.00
- Arthur Indian Peace Medal ” 2.00
- “Let Us Have Peace” 29 1.25
- Metis (Shipwreck) Medal 42 1.50
- John Horn (Life Saving) Medal 30 1.00
- U. S. Diplomatic Medal, July 4, 1776 45 2.00
- Valley Forge Centennial 25 .50
- Great Seal Medal 39 1.50
-
- DIRECTORS OF THE MINT.
-
- David Rittenhouse 28 1.25
- Robert M. Patterson 42 1.50
- James Ross Snowden 50 2.50
- James Pollock 29 1.25
- H. R. Linderman 50 2.00
- James P. Kimball
-
- SUPERINTENDENTS.
-
- A. Loudon Snowden 50 2.00
- Daniel M. Fox
-
- FINE GOLD MEDALS.
- (_See Rule 3._)
-
- Time Increases His Fame 16 12.00
- James A. Garfield 16 9.00
- Commencement of Cabinet 12 6.25
- Washington and Jackson 10 4.50
- Lincoln and Garfield 10 4.50
-
- FINE SILVER MEDALS.
- (_See Rule 3._)
-
- Cabinet Medal 37 6.00
- Presidency Relinquished 25 3.00
- Allegiance Medal 18 1.00
- Time Increases His Fame 16 .75
- James A. Garfield 16 .60
- Pennsylvania Bi-Centennial 16 .50
- Commencement of Cabinet 12 .35
- Washington and Jackson 10 .25
- Washington and Lincoln 10 .25
- Washington and Grant 10 .25
- Washington Wreath 10 .25
- Lincoln and Grant 10 .25
- Lincoln Broken Column 10 .25
- Lincoln and Garfield 10 .25
- Valley Forge Centennial 25 1.50
-
-The diameter of the medals is expressed by numbers, each of which
-indicates the sixteenth of an inch.
-
-Medals struck to order in gold, silver, or bronze, from dies of public
-institutions.
-
-
-
-
-MEDALS AND CABINET COINS.
-
-
-MINT OF THE UNITED STATES.
-
- Philadelphia, January, 1888.
-
-_Regulations._
-
-1. The price of Medals, Proof Coins, Pattern Pieces, &c., shall be fixed
-by the Superintendent of the Mint, with the approval of the Director.
-
-2. No Coin or Pattern Piece shall be struck after the year of its date,
-nor in any other metal or alloy than that in which the Coin was issued
-or intended to be issued, except experimental pieces in Copper or other
-soft metal to prove the dies, under the direction of the Superintendent.
-The dies shall be defaced at the end of each year, and such impressions
-as the Engraver may find necessary to take while preparing the dies shall
-be destroyed in the presence of the Superintendent when the dies are
-finished.
-
-3. When a Pattern Piece is adopted and used in the regular coinage in
-the same year it shall then be issued as a proof, at a price near its
-current value; or if it comes out early in the year, it will be placed in
-the regular Proof Set. The Superintendent will furnish, without charge,
-on application therefor, a Pattern Piece to any incorporated Numismatic
-Society in the United States. In such cases, if the pattern is in Gold or
-Silver, the value of the metal will be required.
-
-4. The price of the regular Proof Set of Gold Coins will be Forty-three
-Dollars; the Proof Set of Silver and Minor Coins, Three Dollars. Single
-Gold Pieces, in proof, are sold at Twenty-five Cents each above their
-intrinsic value. Silver Sets are not separated. Proof sets are furnished
-of the current year only. The Mint has no Coins or Sets of back dates for
-sale.
-
-5. The Coins of the United States are:—
-
- GOLD. SILVER. COPPER-NICKEL.
- Double-Eagle, Dollar, Five Cents.
- Eagle, Half-Dollar, Three Cents.
- Half-Eagle, Quarter-Dollar,
- Three-Dollar, Dime. BRONZE.
- Quarter-Eagle, One Cent.
- Dollar.
-
-The coinage of the Silver Dollar of 412½ grains, the Five and Three-Cent
-Silver Pieces and Bronze Two-Cent Pieces was discontinued in 1873, but
-the Silver Dollar was restored by the Act of February 28, 1878.
-
-All orders must be sent to Superintendent of the Mint at Philadelphia.
-
- DANIEL M. FOX,
- _Superintendent_.
-
-
-
-
-PORTRAIT OF WASHINGTON.
-
-
-The frontispiece in the bound volume of this book, is an exact
-reproduction, by the Gutekunst phototype process, of the obverse of the
-Washington medal executed by Charles C. Wright, about the year 1850,
-and particularly described on page 34 of the “Medallic Portraits of
-Washington,” by W. S. Baker, lately published (the price of which is
-five dollars). The bust was modeled by Wright, after the original by the
-celebrated French sculptor, Jean Antoine Houdon, executed from a cast
-taken from the face of Washington at Mount Vernon, in October, 1785,
-and is considered by good judges to be the best medallic portrait of
-Washington yet produced. An impression of the medal is in the Washington
-Cabinet of the Mint; the reverse presents an excellent copy of Trumbull’s
-well known picture of the Declaration of Independence.
-
-
-
-
-JANUARY 1888.
-
-COIN (APPROXIMATE) PRICE CURRENT.
-
-Prepared by Mason & Co., Coin Dealers, 175 Washington St., Boston. Mass.
-
- GOLD COLONIAL COINS.
-
- FINE. GOOD.
- 1785, Justice-eye, “Immune Columbia” $600.00 $500.00
- 1787, Sun-eagle, “Nova Eboraca” 300.00 150.00
-
- SILVER COLONIALS.
-
- 1652, N. E. XII, New-England shilling $35.00 $25.00
- 1652, ” VI, ” sixpence 40.00 20.00
- 1652, ” III, ” threepence 100.00 40.00
- 1650, Pinetree XII, “Masathusets” shilling 45.00 30.00
- 1652, ” ” “Massachusets” ” 10.00 5.00
- 1652, ” Smaller and thicker ” 8.00 3.00
- 1652, ” XII, “Masatusets” variety shilling 25.00 15.00
- 1652, ” VI, “Masachusets” sixpence 15.00 5.00
- 1652, ” III, ” threepence 15.00 5.00
- 1652, ” II, ” twopence 15.00 5.00
- 1652, Oaktree XII, ” shilling 5.00 3.00
- 1652, ” VI, ” sixpence 6.00 4.00
- 1652, ” III, ” threepence 8.00 4.00
- 1662, ” II, ” twopence 8.00 4.00
- 1662, ” I, ” penny 30.00 10.00
- 1659, head, shield, Lord Baltimore shilling 15.00 10.00
- 1659, ” ” ” sixpence 20.00 10.00
- 1659, ” ” ” fourpence 20.00 10.00
- 1760, Charles III. rose, Florida half dollar 30.00 20.00
- 1773, George III. shield, Virginia shilling 20.00 15.00
- 1783, U. S. 1000-eye, “Nova Constellatio” 200.00 100.00
- 1783, ” 500-eye, ” ” 150.00 75.00
- 1785, ” Justice-eye, “Nova Constellatio” quarter
- dollar 75.00 40.00
- 1783, hands clasped, Annapolis shilling 15.00 5.00
- 1783, ” ” sixpence 15.00 8.00
- 1783, ” ” threepence 15.00 8.00
- 1790, head “Standish Barry” ” 25.00 10.00
- 1796, female head, “Castorland” half dollar 2.00 1.50
-
- TIN COLONIAL.
-
- 1690, horseman-shields, James II. tin piece $3.00 $1.50
- 1776, Sun-dial, “Continental Currency” 15.00 5.00
-
- COLONIAL COPPER COINS.
-
- 1616, hog-ship, “Summer Islands” shilling $300.00
- 1616, ” ” ” sixpence 400.00
- 1694, Elephant, “God preserve Carolina,” half dollar $40.00 20.00
- ” “God preserve New England” 150.00 50.00
- ” “God preserve London” 2.50 1.50
- 1721, 2 L’s, “Col’s Francoises,” Louisiana 2.50 1.00
- 1722, 2 L’s, ” ” ” 2.50 1.00
- 1667, L’s, “Col’s Francoises,” stamped R. F., Louisiana
- ha’penny 2.00 1.00
- 1767, L’s, “Col’s Francoises,” without R. F., Louisiana
- ha’penny 4.00 1.50
- 1766, head ship, no stamps, Pitt halfpenny 2.50 1.50
- 1773, George III. shield, Virginia halfpenny 1.00 .25
- 1773, ” ” smaller size, Virginia halfpenny .75 .25
- U. S. A., 13 bars, Bar cent 3.50 2.00
- 1722, George I. rose, “Rosa Americana” penny 4.00 1.50
- 1722, ” ” ” ” halfpenny 2.50 1.00
- 1722, ” ” ” ” farthing 3.00 1.50
- 1722, ” ” ” ” farthing 4.00 2.00
- 1723, ” ” not crowned, “Rosa Americana”
- farthing 15.00 5.00
- George I. rose, “Rosa sine spina,” halfpenny 30.00 15.00
- 1723, George I. crowned rose, “Rosa Americana,” penny 4.00 2.00
- 1723, George I. crowned rose, “Rosa Americana,”
- halfpenny 2.50 1.50
- 1724, George I. crowned rose, “Rosa Americana,”
- halfpenny 15.00 10.00
- 1723, George I. crowned rose, “Rosa Americana,”
- farthing 2.50 1.50
- 1723, George I. crowned rose, “Rosa Americana,”
- halfpenny 5.00 3.00
- 1733, George II. crowned rose, “Rosa Americana” penny 30.00 20.00
- 1737, Three hammers, “Connecticut” cent 40.00 20.00
- 1737, “I am good copper,” cent 40.00 20.00
- 1739, ” ” ” Granby cent 40.00 20.00
- 1737, “Connecticut,” Granby cent 40.00 20.00
- 1737, Axe, “I cut my way through,” Granby cent 40.00 20.00
- No date, axe, “I cut my way through,” Granby cent 40.00 20.00
- 1778, Head Indian, “Non dependens,” cent 25.00 15.00
- 1783, U. S. eye, “Nova Constellatio,” cent 1.00 .40
- 1783, ” ” ” ” ” 1.00 .40
- 1785, U. S. eye, “Nova Constellatio,” cent 1.00 .30
- 1783, Liberty caged, “Georgius Triumpho,” cent 3.00 1.25
- 1787, Indian stars, “Inimica Tyrannis,” cent 40.00 20.00
- 1785, ” in circle, “Inimica Tyrannis,” cent 40.00 20.00
- Scroll-triangle, Kentucky cent, plain edge 3.50 2.00
- ” lettered edge, Kentucky cent 3.50 2.00
- 1796, Britannia-children, British settlements 25.00 15.00
- 1787, Indian-eagle, Massachusetts cent 1.00 .40
- 1787, ” ” half-cent 3.00 1.25
- 1788, ” ” cent 1.00 .50
- 1788, ” ” half-cent 3.00 1.25
- 1787, Sun-dial links, “We are one,” Franklin cent .50 .25
-
- NEW YORK CENTS.
-
- 1786, Head, Justice; “Non vi virtute vici,” $75.00 $40.00
- 1787, Indian-eagle, “Neo Eboracus,” 50.00 30.00
- 1787, ” arms of New York, “Excelsior,” 40.00 20.00
- 1787, George Clinton arms of New York, “Excelsior,” 50.00 25.00
- 1786, Eagle, arms of New York, “Excelsior,” 60.00 30.00
- 1787, ” ” ” ” 60.00 30.00
- 1787, Justice-eagle, “Immunis Columbia,” 8.00 4.00
- 1787, Head, Liberty to right, “Nova Eborac,” 2.00 .50
- 1787, Head, Liberty to left, “Nova Eborac,” 2.00 .75
-
- VERMONT CENTS.
-
- 1785, Head Justice, “Immune Columbia” $15.00 $10.00
- 1785, Justice-eye, “Immune Columbia” 25.00 15.00
- 1785, Sun-eye, “Vermontis Respublica” 3.00 1.00
- 1785, ” “Vermontes-Res-Publica” 5.00 2.00
- 1786, ” “Vermontensium Respublica” 2.50 1.00
- 1786, Head, Britannia “Vermon Auctori” .60 .30
- 1787, ” ” ” ” .50 .25
- 1788, ” ” ” ” .75 .30
- 1786, Baby head, Britannia “Vermon Auctori” 1.50 .50
- 1787, Head, Britannia “Vermon,” “Et lib Inde” 1.00 .50
- 1787, ” ” ” “Britannia,” 1.00 .40
- 1787, ” ” George III., “rex Inde et lib” 2.00 1.00
-
- NEW JERSEY CENTS.
-
- 1786, Horse head, shield, “Nova Cæsarea” $1.00 $0.30
- 1786, Horse head, shield (date under beam),
- “Nova Cæsarea” 100.00 75.00
- 1787, Horse head, shield, large size, “Nova Cæsarea” .60 .25
- 1787, ” ” ” smaller, “Nova Cæsarea” .30 .10
- 1787, ” ” ” “E pluribs,” “Nova Cæsarea” 2.00 1.00
- 1788, ” ” ” “Nova Cæsarea” .50 .20
- 1788, ” ” ” Fox type, “Nova Cæsarea” 1.50 .40
- 1788, Horse head to left, shield, “Nova Cæsarea” 4.00 1.00
- 1787, Justice-shield, “Immunis Columbia” 25.00 15.00
-
- CONNECTICUT CENTS.
-
- 1787, Head to right, Britannia “Auctori Connec” $0.25 $0.10
- 1785-6-8, Head to right, Britannia “Auctori Connec” .50 .20
- 1785, (Negro head) Britannia “Auctori Connec” 1.00 .50
- 1785, (Laughing head) Britannia “Auctori Connec” 1.50 .75
- 1785, Head to left, Britannia “Auctori Connec” .50 .20
- 1786-7-8, Head to left, Britannia “Auctori Connec” .50 .25
- 1786-7, ” ” ” “Et lib Inde Connec” 1.00 .50
- 1787-8, ” ” ” “Auctori Connec” 1.00 1.30
-
- There are many more minor types of the Connecticut and New
- Jersey 5 cents to 25 cents, etc.
-
- SILVER DOLLARS.
-
- 1794, flowing hair $125.50 $50.00
- 1795, ” ” 3.00 1.50
- 1795, fillet head 3.50 1.50
- 1796 4.00 2.00
- 1797, 6 stars facing 5.00 2.50
- 1797, 7 ” ” 4.00 2.50
- 1798, 13 ” small eagle 6.00 4.00
- 1798, 15 ” ” ” 12.00 8.00
- 1798, 13 ” large eagle 2.50 2.00
- 1799, 5 ” facing 7.00 5.00
- 1799, 6 ” ” 2.00 1.60
- 1800, spread eagle 3.00 1.50
- 1801 5.00 2.00
- 1802 4.00 1.50
- 1803 3.00 2.00
- 1804 1000.00 500.00
- 1836, name in field 40.00 23.00
- 1836, flying eagle 10.00 6.00
- 1838, ” ” 50.00 25.00
- 1839, ” ” 30.00 20.00
- 1840, Liberty seated 2.25 1.60
- 1841 2.00 1.60
- 1842 2.00 1.60
- 1843 2.25 1.60
- 1844 2.00 1.00
- 1845 2.50 1.00
- 1846 2.00 1.00
- 1847 1.75 1.00
- 1848 3.00 1.25
- 1849 1.75 1.00
- 1850 2.00 1.10
- 1851 40.00 30.00
- 1852 50.00 30.00
- 1853 2.00 1.50
- 1854 8.00 6.00
- 1855 6.00 4.00
- 1856 2.50 1.75
- 1857 4.00 2.00
- 1858 40.00 30.00
- 1859 1.50 1.40
- 1860 1.80 1.50
- 1861 1.80 1.50
- 1862 1.80 1.50
- 1863 1.80 1.50
- 1864 1.80 1.50
- 1865 1.80 1.50
- 1866 2.00 1.60
- 1867 1.80 1.50
- 1868 2.00 1.75
- 1869 1.50 1.40
- 1870 1.50 1.40
- 1871 1.50 1.40
- 1872 1.30 1.25
- 1873 2.00 1.60
- 1873, trade dollar 2.00 1.50
- 1874, ” ” 1.75 1.40
- 1875, ” ” 1.50 1.40
- 1876, ” ” 1.20 1.15
- 1877, ” ” 1.20 1.10
- 1878, ” ” 1.20 1.15
- 1879-1884, proof 2.00 1.75
-
- HALF DOLLARS.
-
- 1794, flowing hair $8.00 $5.00
- 1795, ” ” 2.50 1.50
- 1796, 15 stars 75.00 50.00
- 1796, 16 ” 100.00 60.00
- 1797, 15 ” 75.00 40.00
- 1801, fillet head 8.00 5.00
- 1802 10.00 8.00
- 1803 3.00 1.50
- 1805 3.00 1.50
- 1806 1.50 1.25
- 1807 1.50 1.25
- 1807, head to left 2.00 1.50
- 1808 2.00 1.00
- 1809 1.00 .75
- 1810 1.00 .75
- 1811 1.25 .75
- 1812 1.00 .75
- 1813 1.00 .75
- 1814 1.00 .75
- 1815 8.00 5.00
-
- Half dollars from 1817 to 1885, inclusive (excepting 1851 and
- 1852, worth from $2.50 to $5.00), from 75c. to $1.00.
-
- QUARTER DOLLARS.
-
- 1796, fillet head $8.00 $4.00
- 1804 7.00 3.00
- 1805 3.00 1.50
- 1806 2.00 1.00
- 1807 2.50 1.25
- 1815, head to left 2.00 .50
- 1818 1.00 .75
- 1819 1.50 1.00
- 1820 1.00 0.75
- 1821 1.00 .75
- 1822 2.00 1.00
- 1823 75.00 30.00
- 1824 2.00 1.00
- 1825 1.00 .75
- 1827 100.00 .50
-
- Quarter dollars, from 1827 to 1885, inclusive (excepting that
- of 1853, without arrow heads, worth from $6.00 to $10.00),
- worth 30c. to 50c.
-
- TWENTY-CENT PIECES.
-
- 1875, Liberty seated $0.40 $0.30
- 1876, ” ” .60 .50
- 1877, ” ” 5.00 4.00
- 1878, ” ” 5.00 4.00
-
- DIMES.
-
- 1796, fillet head $4.00 $2.00
- 1797, 13 stars 6.00 3.00
- 1797, 16 ” 8.00 4.00
- 1798, fillet head 6.00 3.00
- 1800 8.00 5.00
- 1801 6.00 4.50
- 1802 10.00 6.00
- 1803 4.00 2.50
- 1804 12.00 10.00
- 1805 1.50 .75
- 1807 2.00 1.00
- 1809, head to left 3.00 2.00
- 1811 3.00 2.00
-
- Dimes, from 1811 to 1885, inclusive (excepting that of 1846,
- worth $1.00 to $2.50), from 20c. to 35c.
-
- HALF DIMES.
-
- 1794, flowing hair $6.00 $4.00
- 1795, ” ” 2.00 1.00
- 1796, 15 stars 6.00 4.00
- 1797, 15 ” 5.00 3.00
- 1797, 16 ” 4.00 2.00
- 1800, fillet head 2.00 1.50
- 1801 5.00 3.00
- 1802 125.00 80.00
- 1803 5.00 3.00
- 1805 15.00 5.00
-
- Half dimes, from 1805 to 1873, inclusive (excepting 1846, worth
- from $1.00 to $2.50), from 10 to 30 cents.
-
- SILVER THREE-CENT PIECES.
-
- From 1851 to 1872, inclusive, worth from 5 to 50 cents,
- according to condition.
-
- 1873 $2.00 $1.50
-
- NICKEL FIVE-CENT PIECES.
-
- PROOFS. FINE.
- 1866 $0.15 $0.10
- 1867, with rays 2.50 .50
- 1867, without rays .15 .10
- 1868 .15 .10
- 1869 .15 .10
- 1870 .15 .10
- 1871 .15 .10
- 1872 .15 .10
- 1873 .15 .10
- 1874 .15 .10
- 1875 .20 .15
- 1876 .15 .10
- 1877 2.00 1.00
- 1878 .40 .25
- 1879 .12 .10
-
- NICKEL THREE-CENT PIECES.
-
- 1865 $0.15 $0.08
- 1866 .15 .08
- 1867 .15 .08
- 1868 .15 .08
- 1869 .15 .08
- 1870 .15 .08
- 1871 .15 .08
- 1872 .15 .08
- 1873 .15 .08
- 1874 .15 .08
- 1875 .20 .15
- 1876 .10 .08
- 1877 2.00 1.00
- 1878 .25 .20
- 1879-1888, proofs .25 .05
-
- TWO-CENT PIECES.
-
- 1864 $0.40 $0.10
- 1865 .40 .10
- 1866 .40 .10
- 1867 .40 .10
- 1868 .40 .10
- 1869 .40 .08
- 1870 .40 .08
- 1871 .25 .15
- 1872 .50 .40
- 1873 1.25 .75
-
- COPPER CENTS.
-
- FINE. GOOD.
- 1793, chain America $20.00 $10.00
- 1793, ” ” 10.00 6.00
- 1793, wreath 8.00 5.00
- 1793, lettered edge 9.00 6.00
- 1793, liberty cap 25.00 8.00
- 1794, ” ” 1.50 .75
- 1795, ” lettered edge 4.50 1.50
- 1795, liberty, thin die 1.50 .50
- 1796, ” ” ” 2.00 .75
- 1796, fillet head 2.00 1.00
- 1797 1.50 .40
- 1798 1.00 .10
- 1799 35.00 15.00
- 1800 1.00 .50
- 1801 1.00 .50
- 1802 .50 .25
- 1803 .50 .20
- 1804 10.50 6.00
- 1805 1.50 .50
- 1806 1.25 .75
- 1807 1.10 .40
- 1808, head to left 2.00 .75
- 1809 4.00 1.50
-
- From 1810 to 1857, inclusive, worth from 2c. to $3, according
- to condition.
-
- NICKEL AND BRONZE CENTS.
-
- 1856, eagle nickel $5.00 $3.50
- 1857 .50 .01
- 1858 .50 .01
- 1859, Indian head .50 .01
- 1860 .25 .01
- 1861 .25 .01
- 1862 .25 .01
- 1863 .25 .01
- 1864 .25 .01
- 1864, bronze .10 .01
- 1865 .10 .01
- 1866 .10 .01
- 1867 .10 .01
- 1868 .05 .01
- 1869 .05 .01
- 1870 .05 .01
- 1871 .05 .01
- 1872 .05 .01
- 1873 .05 .01
- 1874 .05 .01
- 1875 .05 .01
- 1876 .05 .01
- 1877 .50 .05
- 1878 .05 .01
- 1879-1887 .05 .01
-
- HALF CENTS.
-
- 1793, liberty cap $5.00 $2.50
- 1794, ” ” 2.50 1.50
- 1795, ” lettered edge 3.00 1.50
- 1795, liberty, thin die 2.00 1.00
- 1796, ” cap 40.00 20.00
- 1797, ” ” 2.00 1.00
- 1797, ” lettered edge 5.00 3.00
- 1800, fillet head 1.00 .50
- 1802 5.00 3.00
- 1803 .50 .25
- 1804 .25 .10
- 1805 .50 .25
- 1806 .50 .25
- 1807 .50 .25
- 1808 .50 .25
- 1809, head to left .25 .15
- 1810 2.50 1.00
- 1811 3.00 1.50
- 1825 .40 .20
- 1826 .25 .15
- 1828, 12 stars .40 .20
- 1828, 13 ” .20 .10
- 1829 .30 .20
- 1831 (proof) 12.00
- 1832 .20 .15
- 1833 .20 .10
- 1834 .20 .10
- 1835 .20 .10
- 1836 (proof) 12.00
- 1840 ” 8.00
- 1841 ” 8.00
- 1842 ” 15.00
- 1843 ” 10.00
- 1844 ” 10.00
- 1845 ” 10.00
- 1846 ” 10.00
- 1847 ” 10.00
- 1848 ” 8.00
- 1849 ” small date 8.00
- 1849, large date .40 .25
- 1850 .30 .20
- 1851 .25 .10
- 1852 (proof) 10.00
- 1853 .15 .10
- 1854 .25 .15
- 1855 .25 .15
- 1856 .20 .15
- 1857 .30 .25
-
- GOLD DOUBLE EAGLES.
-
- 1849 $1000.00
- 1850, head to left 25.00 $20.00
- 1851 25.00 20.00
- 1852 25.00 20.00
- 1853 21.00 20.00
- 1854 21.00 20.00
- 1855-79, consecutive 21.00 20.00
-
- GOLD EAGLES.
-
- 1795, head to left $15.00 $13.00
- 1796, 16 stars 20.00 15.00
- 1797, 16 spread eagle 15.00 13.00
- 1798, 13 stars 16.00 14.00
- 1799, 13 spread eagle 14.00 12.00
- 1800 14.00 13.00
- 1801 14.00 13.00
- 1803 15.00 13.00
- 1804 15.00 13.00
- 1838, head to left 15.00 13.00
- 1839 15.00 12.00
- 1840-68, only proofs worth premium.
-
- GOLD HALF EAGLES.
-
- 1795, head to right $10.00 $8.00
- 1796, 16 stars 15.00 10.00
- 1797, 16 spread eagle 12.00 10.00
- 1798, 13 stars, ” 8.00 7.00
- 1799, ” ” 10.00 8.00
- 1800 10.00 8.00
- 1801 30.00 20.00
- 1802 10.00 8.00
- 1803 8.00 7.00
- 1804 8.00 7.00
- 1805 8.00 7.00
- 1806 8.00 7.00
- 1807 8.00 7.00
- 1808, head to left 8.00 7.00
- 1809 8.00 7.00
- 1810 8.00 7.00
- 1811 8.00 7.00
- 1812 8.00 7.00
- 1813 8.00 7.00
- 1814 8.00 7.00
- 1815 100.00 50.00
- 1818 8.00 7.00
- 1819 8.00 7.00
- 1820 8.00 7.00
- 1821 8.00 7.00
- 1822 8.00 7.00
- 1823-54, consecutive. 6.00 5.75
- 1855-79, only proofs worth premium.
-
- GOLD THREE DOLLARS.
-
- 1854, head to left $4.00 $3.75
- 1855 3.75 3.50
- 1856 4.00 3.75
- 1857-87, consecutive 3.25 3.00
- 1875 40.00 25.00
-
- GOLD QUARTER EAGLES.
-
- 1796, without stars $8.00 $6.00
- 1796, 16 stars 10.00 6.00
- 1797, 16 ” 7.00 5.00
- 1798, 13 ” 5.00 4.00
- 1802 6.00 5.00
- 1804 5.00 4.00
- 1805 5.00 4.00
- 1806 5.00 4.00
- 1807 5.00 4.00
- 1808, head to left 5.00 4.00
- 1821 5.00 4.00
- 1824 5.00 4.00
- 1825 5.00 4.00
- 1826 8.00 6.00
- 1827-49, consecutive 4.00 3.50
- 1850 3.25 3.00
- 1851 3.25 3.00
- 1852 3.25 3.00
- 1853-87, consecutive 3.00 2.50
-
- GOLD DOLLARS.
-
- 1848, head to left $1.50 $1.30
- 1850 1.50 1.30
- 1851 1.40 1.25
- 1852 1.40 1.25
- 1853-87, consecutive 1.40 1.25
-
- CALIFORNIA GOLD.
-
- $50 1851, octagon and round $65.00
- $20 (Territorial), varieties 30.00
- Eagle, ” ” 15.00
- Half eagle, ” ” 10.00
- Quarter ” ” ” 5.00
- Dollar (California), octagon 1.25
- Dollar (California), circular 1.25
- Half doll., octagon, diff. dates .55
- ” ” circular, ” .55
- Quar. ” ” ” .35
- ” ” octagon, ” .35
- Bechtler dollar (N. Carolina) 1.50
- Bechtler ¼ eagle ” 3.50
-
-NOTE.—Persons who wish to buy or sell rare coins, or to ascertain their
-present value are recommended to write to Mason & Co., coin dealers, 175
-Washington street, Boston, Mass.—EDITOR MINT BOOK.
-
-
-
-
-NOTE TO THE VISITORS OF THE PHILADELPHIA MINT.
-
-
-As there are many places of interest in “=Penn’s Favorite City=,” the
-publisher of this work would respectfully suggest that visitors, who have
-the leisure, should see some of the well-known institutions of “The City
-of Brotherly Love.” Among the rare places of interest, after the United
-States Mint, is 1st.—=THE NEW PUBLIC BUILDINGS= (in same square), known
-as the =NEW CITY HALL, the Largest and Finest in the World=, surpassing
-even the =Capitol at Washington=. 2d.—=FAIRMOUNT PARK=, the largest and
-most beautiful public pleasure ground in the United States, embracing
-nearly three thousand acres, on both sides of the Schuylkill River,
-from Fairmount Water Works to Indian Rock, on the romantic Wissahickon.
-3d.—=GIRARD COLLEGE=, where eleven hundred and fifty Orphan Boys are
-maintained, clothed and educated through the bountiful munificence of
-Philadelphia’s great benefactor, STEPHEN GIRARD. 4th.—=WANAMAKER’S GREAT
-STORE=, East of and almost adjoining the Mint. This immense establishment
-(the largest of the kind in the World) has grown to such vast proportions
-during the past decade that we feel compelled to give it a brief notice,
-as it has become one of the features of our city, and an object of
-interest to our visitors. The building itself is unique; it occupies
-an entire square, viz:—from Thirteenth to Juniper and from Market to
-Chestnut Streets—entrance on each of the four streets. The flooring space
-occupied in the interior, including first floor, basement and galleries,
-embraces more than twelve acres, and all this immense space is occupied
-with such goods as everybody, at some time in life, feels the necessity
-of purchasing. The general arrangement and classification of goods from
-all nations (there being over fifty separate and distinct departments),
-suggests a reproduction of the =Main Building of our late great
-Centennial Exposition=, with the =Department of Public Comfort= added.
-One of the great features of this Mammoth Bazaar is that visitors are
-made to feel at home, every provision being made for their convenience.
-There are commodious Retiring and Reading Rooms on either floor. One’s
-Satchel and Parcels are checked without cost, and no one is importuned to
-purchase. Visitors will find it hard to resist the =Tempting Offers= and
-=Low Prices= marked on the goods. 5th.—=INDEPENDENCE HALL=, (The Nation’s
-Birth-place) Chestnut Street between Fifth and Sixth Streets; =National
-Museum=, in same building, containing many interesting relics of the
-Revolution and of Washington’s Camp Life; The =Old Liberty Bell= hanging
-in the hallway leading to =Independence Square=, where the Declaration
-of Independence was read to the people, July 4th, 1776. 6th.—=ACADEMY
-OF FINE ARTS=, Broad Street (west side) between Arch and Race Streets,
-should be visited by all lovers of the Fine Arts. 7th.—The =NEW MASONIC
-TEMPLE=, Northeast corner Broad and Filbert Streets. Visiting days every
-Thursday. 8th.—The =NEW POST OFFICE= and =U. S. COURT BUILDING=. This
-is one of the finest buildings of the kind in the country, and well
-worthy of a visit; also, the =NEW “RECORD” BUILDING=, adjoining. 9th.—The
-=BURIAL PLACES OF BENJAMIN and DEBORA FRANKLIN= can be seen at South-east
-corner Fifth and Arch Streets. 10th.—There are other notable places of
-interest in the City Of “Brotherly Love,” among which may be mentioned
-=CARPENTERS’ HALL, UNION LEAGUE, DEAF AND DUMB AND BLIND ASYLUMS, LAUREL
-HILL CEMETERY, PENNSYLVANIA AND WILL’S HOSPITALS=, and the hundred and
-one other benevolent institutions for which Philadelphia is justly
-celebrated.
-
-
-
-
-FOOTNOTES
-
-
-[1] Collectors estimate the loss to numismatography as very great by
-reason of the temptation the gold possesses for hoarding, and they are
-possibly the only class of people who have any apology to offer for the
-miser. Yet the world is debtor to this despised habit for some of its
-most invaluable specimens of art, and important corroborative history of
-the old world.
-
-[2] Robert Morris was born in England, and came to America when he was
-thirteen years old, (Sparks’ life of Governeur Morris.)
-
-[3] During the Confederation the different States had the unquestioned
-right to coin money, but only according to the standard of fineness,
-weight, and value, prescribed by the central government.
-
-[4] The following, from the Morris Papers, serve to illustrate this
-subject:
-
-“1.—ROBT. MORRIS TO RICHARD YATES.
-
- “PHILAD’A, Jan. 23, 1782.
-
-“SIR,
-
-“At the request of a very honest Man who seems much distressed for
-the welfare of his wife, now in London, I beg to trouble you with the
-enclosed Letter, praying that you will forward it, and if in consequence
-thereof Mrs. Dudley should come to New York, I beg of you to procure
-Liberty for her to come to her Husband at this place. The money for her
-Passage and reasonable expenses in New York, which must be reasonable
-as possible, she may draw upon her Husband, Mr. Benjamin Dudley, and I
-engage that the Draft shall be paid. I shall thank you for your attention
-to this poor Lady when she arrives, and remain Sir,
-
- “your most obedient and humble servant
-
- ROBERT MORRIS.”
-
-“2.—ROBT. MORRIS TO THE COMMISSARY GENERAL OF PRISONERS.
-
- “PHILAD’A, Jan. 23, 1782.
-
-“SIR,
-
-“I send herewith an open letter for Mr. Richard Yates containing one for
-Mrs. Dudley in London, from her Husband now here. I wish these may be
-safely delivered to Mr. Yates, and therefore pray you to send them into
-New York, by some person that will not only promise, but perform the
-delivery of them. I am Sir,
-
- “your most obedient and humble servant
-
- ROBERT MORRIS.”
-
-[5] This letter will illustrate this subject:
-
-ROBERT MORRIS TO THE REV. WILLIAM GORDON, D. D.
-
-[From the Morris Papers.]
-
- “PHILAD’A 20th July, 1782.
-
-“SIR,
-
-“In consequence of your Letter of the nineteenth of June, I sent for
-Mr. Dudley, told him the information you had so kindly given to me,
-and assured him of my desire to make him easy and happy. The business
-in which he is intended to be employed, is like many other important
-matters, retarded by the tediousness of the States in supplying the
-Continental Treasury.
-
-“The Hon’ble Secretary at War has commenced a correspondence with General
-Gates at my request, which I think, will produce what he wishes. Be
-assured that I take particular pleasure in promoting the interest and
-happiness of worthy men, and that I am with great esteem Sir,
-
- your most obedient and humble Servant,
-
- ROBERT MORRIS.”
-
-[6] This letter will illustrate this matter:
-
-ROBERT MORRIS TO BENJAMIN DUDLEY.
-
-[From the Morris Papers.]
-
- OFFICE OF FINANCE, 29 Novr., 1782.
-
-“SIR,
-
-“You will herewith receive the Form for making a particular kind of
-Paper—You are to proceed to the Paper Mill of Mr. Mark Wilcox, in Ash
-Town Chester County, who has the Stuff prepared, and there to superintend
-the making of sundry reams of Paper upon this Form—in doing of which
-you are to be particularly careful not to leave it in the power of any
-person or persons to make any paper upon this Form without your immediate
-Inspection.
-
-“You are to attend the Workmen constantly whilst they are at work, and
-when you retire from the Mill upon any occasion, you are to take the Form
-with you. You are to count the Paper as it is made sheet by sheet and
-when you have finished the whole, you are to bring it to me together with
-the Form. I am Sir,
-
- “Your most obedient servant,
-
- “ROBERT MORRIS.”
-
-[7] The building is still standing (March, 1888) Nos. 37 and 39 North
-Seventh street, and is occupied for various purposes.
-
-[8] For the various duties of the Mint there are over three hundred
-persons employed as clerks, workmen, etc.—say about two-thirds men and
-one-third women—the number depending, of course, upon the amount of work
-to be done.
-
-[9] Adam Eckfeldt’s portrait, by Samuel Du Bois, hangs in the Cabinet. A
-short sketch of him will be found in the list of Coiners.
-
-[10] The exchange at the present time (1885) is made at the Sub-Treasury
-in the Custom House.
-
-[11] Horace says that Alexander the Great ordained that no one should
-take his portrait on _gems_ but Pyrgoteles; no one should paint
-him but Apelles; and no one should stamp his head on _coins_ but
-Lysippus.—_American Bibliopolist._
-
-[12] “In box, three pictures (miniatures), _two half joes_, two small
-pieces of gold.” Dec. 26, 1780.—Martha Washington. These were sent to be
-used in the manufacture of the miniature cases for the above pictures.
-This letter is in the possession of K. Coulton Davis, Ph. G., of this
-city.
-
-[13] This issue being made at Sommer Islands, gave the name of “Sommer
-money.”
-
-[14] The old story of the weighing of John Hall’s daughter on her
-marriage-day is recalled in seeing these coins. Her dowry was her
-weight in “pine-tree” shillings; and the suggestion is allowable that
-these specimens formed a part of the portion of the blushing bride two
-centuries ago.
-
-[15] This is the coin which caused such excitement and so much feeling in
-Ireland, and which Dean Swift attacked from the pulpit.
-
-[16] From Chapman’s Collection Catalogue, May 14-15, pp. 24-25.
-
-[17] From the proceedings of the American Philosophical Society, reported
-by Wm. E. Du Bois, in October, 1845.
-
-[18] Considered unique, one recently sold for $640.00 at a public sale in
-New York.
-
-[19] After the resignation of ex-Governor Pollock the title of Director
-was changed to Superintendent. The Director of all the Mints is now
-located at Washington.
-
-[20] Dr. Linderman’s widow and only son, Henry R. Linderman (named for
-him), a prominent lawyer of Stroudsburg, Penna., are the only survivors
-of his family.
-
-[21] The Phototype of Washington’s Profile likeness in the bound edition
-of this book, is from this Medal, known as the Houdon Medal.
-
-[22] Mr. Barber has lately completed a large and very fine medallic
-likeness of President Cleveland.
-
-[23] Kilogram of gold valued at $634.60.
-
-[24] Kilogram of silver valued at $41.56.
-
-[25] Includes $11,464.27 expended from appropriation for renewal of
-steam-power plant at Philadelphia.
-
-[26] The statement of the amounts in National Banks is of date August 1.
-
-[27] Includes $24,044,000 Clearing-house gold certificates.
-
-[28] Includes $8,770,000 held for the redemption of certificates of
-deposit for legal-tender notes under Act June 8, 1872.
-
-[29] The Carat is sub-divided into thirty-two parts.
-
-[30] The coins struck at the parent mint in Philadelphia bear no mint
-mark.
-
- * * * * *
-
-THE REAL ESTATE TRUST COMPANY OF PHILADELPHIA
-
-1340 Chestnut Street.
-
-[Illustration]
-
-Capital,—$500,000.
-
-OFFICERS:
-
- FRANK K. HIPPLE, President.
- WILLIAM R. PHILLER, Secretary.
- WILLIAM F. NORTH, Treasurer.
- THOMAS B. PROSSER, Real Estate Officer.
-
-DIRECTORS:
-
- FRANK K. HIPPLE,
- HENRY C. GIBSON,
- LEMUEL COFFIN,
- BEAUVEAU BORIE,
- WILLIAM M. SINGERLY,
- JOHN WANAMAKER,
- GEORGE PHILLER,
- EDWARD T. STEEL,
- CHARLES W. HENRY,
- JOHN F. BETZ,
- THOMAS DOLAN,
- R. DALE BENSON.
-
-GEORGE JUNKIN, Solicitor.
-
-This Company transacts a general Real Estate business, acting as agent or
-attorney for buying, holding, leasing and selling property in the City
-of Philadelphia and its vicinity. Negotiates Mortgages and places Ground
-Rents.
-
-Gives especial attention to the Renting of Properties and the Collection
-of Rents, to the payment of Taxes and Water Rents, and to the making
-of needful repairs on such properties; in all respects taking the same
-charge and management of, and giving the same attention to, Real Estate
-as the owner could do.
-
-Collects Ground Rents, Interest on Mortgages, Dividends and Income of all
-kinds whatsoever.
-
-Receives Deposits of Money, payable by Check on demand, and allows
-Interest thereon. Issues Negotiable Certificates of Special Deposits
-bearing Interest.
-
-Acts as Trustee, Guardian, Executor, Administrator, Assignee, Receiver,
-Committee, Attorney, etc.
-
-Receives and executes Trusts of every description, under the appointment
-of Courts, Corporations and Individuals.
-
-Becomes surety for the faithful performance of any Trust or Office; acts
-as Transfer Agent or Registrar of Stocks and Bonds of Corporations or
-Municipalities.
-
-All Trust Funds and Investments are kept separate and apart from those of
-the Company.
-
-Issues Policies of Title Insurance to Real Estate and Real Estate
-Securities, in Philadelphia and adjoining counties, thereby affording
-absolute security to Purchasers and their Heirs, at a nominal cost.
-
-Also issues Policies of Special Insurance against Decedents’ Debts,
-Mechanics’ Liens, Judgments, Old Ground Rents, etc.
-
-Receives for safe-keeping Securities, Plate, Jewelry, Deeds, Mortgages,
-and other Valuables, at reasonable rates.
-
-Rents Safe Deposit Boxes in the Company’s Burglar-proof Vaults, affording
-security against loss by Robbery, Fire or Accident. These Boxes are
-rented according to size and location, at from Five to Fifty Dollars per
-annum.
-
-Agents for the sale of the reliable Six Per Cent. Mortgages and
-Debentures of “The New England Loan and Trust Co. of Des Moines, Iowa;”
-and of “The New England Trust Co. of Kansas City, Missouri;” both
-Principal and Interest guaranteed, and Interest payable semi-annually, by
-coupon, in either New York or Philadelphia.
-
- * * * * *
-
-WILLIAM GROVES. ALEXANDER WILSON. WILLIAM GROVES, JR.
-
-GROVES, WILSON & GROVES,
-
-IMPORTERS, MANUFACTURERS AND RETAILERS OF CABINET FURNITURE, UPHOLSTERY
-AND BEDDING, Furniture and Decorations, LACE CURTAINS AND DRAPERIES.
-
-☞ _VERANDA AND WINDOW AWNINGS A SPECIALTY._
-
-=Nos. 1022-24 Market Street,=
-
-PHILADELPHIA, PA.
-
- * * * * *
-
-THE
-
-Penn Mutual Life Insurance Company
-
-OF PHILADELPHIA.
-
- Assets, $12,750,000.00
- Surplus to Members, 2,500,000.00
-
-=A PURELY MUTUAL COMPANY= conducted solely in the interest of members,
-and with the object of furnishing the =Best= Life Insurance at the
-=Least= cost.
-
-=40 YEARS’ SUCCESSFUL BUSINESS.=
-
-All approved forms of Life and Endowment Policies issued, which become
-=INCONTESTABLE= after two years, and are absolutely =NON-FORFEITABLE= for
-“reserve” value.
-
-Members who discontinue their payments, have the option of an =Extension=
-of the original sum insured or a =Paid-up= policy.
-
-HOME OFFICE—No. 921 CHESTNUT ST., PHILADELPHIA.
-
- EDWARD M. NEEDLES, President.
- HORATIO S. STEPHENS, Vice-Pres’t.
- HENRY C. BROWN, Sec’y and Treas.
- JESSE J. BARKER, Actuary.
-
- * * * * *
-
-SPRINGFIELD GAS MACHINE
-
-Improved under twenty years’ manufacture and experience—maintains the
-lead.
-
-=FOR COUNTRY RESIDENCES= it has proved to be a necessity and a luxury.
-
-=FOR HOTELS= and other buildings, in connection with our Mixing
-Regulator, it produces gas of uniform quality, free from smoke, used
-through plain open burners.
-
-=FOR MECHANICAL ARTS= it furnishes gas for heating purposes, at 40 to 50
-cents per thousand feet.
-
-Best quality GASOLINE, for Gas Machines, constantly on hand. Send for
-quotations.
-
-Among the Hotels lighted by the Springfield Gas Machine, with Mixing
-Regulator attached, would mention the following: Glen Summit Hotel, Glen
-Summit, Pa; Devon Inn, Devon, Pa.; Engleside, Beach Haven, N. J.; Avon
-Inn, Key East, N. J.; Luray Inn, Luray, Va.
-
-For further particulars, address,
-
- GEORGE W. HULME,
- 12 North Seventh Street, Philadelphia, Pa.
-
- Cooking Stoves for use with Gas Machines.
- SEND FOR CATALOGUE.
-
- * * * * *
-
-FURNITURE AND DECORATIONS
-
- _CURTAINS AND UPHOLSTERY,_
- _FINE CABINET WORK,_
- _INTERIOR WOOD WORK._
-
-ORIGINAL DRAWINGS AND ESTIMATES SUBMITTED.
-
-TRYMBY, HUNT & CO.
-
-=IMPORTERS AND MANUFACTURERS,=
-
-NOS. 1217 TO 1221 MARKET STREET, PHILADELPHIA.
-
- * * * * *
-
-TENTH EDITION OF EVANS’ ILLUSTRATED HISTORY OF THE U. S. MINT
-
-EXTRACTS FROM PRESS NOTICES.
-
-_DAILY HERALD._
-
-A very interesting History of the United States Mint is published by
-the author, George G. Evans, of this city. The introduction gives an
-account of the money of the past and the present, showing what formed
-the circulatory medium in ancient times and in all countries. This is
-followed by a history of coinage in this country, with biographical
-sketches of the past and present officers of our Mint. The whole process
-of melting, assaying, refining and coining gold and silver is very
-lucidly explained; it is also fully illustrated with engravings as a
-further explanation of the text. There are a large number of phototypes
-of ancient and modern coins, Continental money, etc., etc., the whole
-forming a very readable book, and one which fills a gap in our country’s
-history.
-
-_PHILADELPHIA TIMES._
-
-It is the only complete and authentic History of the Mint and Coinage
-Manual that is to be had, and is a valuable contribution to our national
-as well as our local history. It embraces everything that one could
-expect to find in such a volume, and a good deal which agreeably
-surprises the reader.
-
-_EVENING TELEGRAPH._
-
-Mr. Evans’ book gives a complete history of American coinage, describing
-the obverse and reverse of each piece struck at the Mint since its
-establishment in 1792. The work is finely gotten up in every respect.
-
-Copies of the above sent post-paid on receipt of price. _A Handsome Gift_
-will accompany each book.
-
- Paper Covered Edition, price $ .50
- Cloth, Gold Side Stamp 1.00
- Half Morocco, Marbled Edge 2.00
-
-N. B.—Any book published, the retail price of which is 50 cents or
-more, will be promptly sent post-paid, with a gift, on receipt of the
-advertised price.
-
- Address, =GEO. G. EVANS, Publisher=,
- _1227 Chestnut Street, Philadelphia, Pa._
-
- * * * * *
-
-Established 1860.
-
- MASON & CO., COIN DEALERS,
- 175 Washington St., Boston, Mass.
-
-Just out, “Coin Price Book,” showing our buying and selling prices for
-all Coins. Mailed for 25 cents. Send Stamp for information.
-
- * * * * *
-
-[Illustration: DAVID F. CONOVER. B. FRANK WILLIAMS.
-
-WHOLESALE AGENTS FOR ROGERS & BROS.’ FLAT _and_ HOLLOW WARE
-
-WHOLESALE AGENTS FOR T. A. WILLSON & CO.’S OPTICAL GOODS]
-
-DAVID F. CONOVER & CO.
-
-(Successors to WM. B. WARNE & CO.)
-
-Manufacturers and Wholesale Dealers in WATCHES _AND_ JEWELRY, American
-Watch Wholesale Salesroom:
-
-Corner Chestnut and Seventh Streets, (FIRST FLOOR,) PHILADELPHIA.
-
- * * * * *
-
-MRS. M. C. CASSIDY,
-
-AGENT DEALER IN
-
-Human Hair,
-
-AND EVERY ARTICLE BELONGING TO THE TRADE,
-
-No. 9 South Eighth Street, PHILADELPHIA.
-
- * * * * *
-
-E. O. THOMPSON,
-
-Merchant Tailor AND IMPORTER OF ENGLISH CLOTHING,
-
-1338 Chestnut Street (Opposite the U. S. MINT,)
-
-PHILADELPHIA.
-
-_Thirty-three years experience in_
-
-“Finest Merchant Tailoring,”
-
-_has won for us a “national reputation,” and our customers extend from
-Maine to California_.
-
-_In addition to the finest Merchant Tailoring, we are now introducing an
-entirely new idea, viz._:
-
-“London Ready-Made Clothing,”
-
-_which every visitor to the Mint is invited to call at our store and
-examine_.
-
-_=Our Claim is=: They are =equal= in =style=, =fit=, =make= and
-=appearance= to the finest “made to order” garments, and at half the cost
-of the same._
-
-_Should you not be ready to purchase now, we shall be pleased to take
-your measure for reference, and will send you samples and prices on
-request =FREE OF CHARGE=._
-
-_Our “MAIL ORDER DEPARTMENT” offers special advantages for obtaining our
-clothing without calling at our store, and our Self-Measuring System
-secures a fit._
-
-_Write for particulars and samples._
-
-_Address all Mail Orders_, E. O. THOMPSON, P. O. Box 418, PHILADELPHIA.
-
-=OUR STORES:=
-
-No. 1338 Chestnut Street, (Opposite the Mint,)
-
-No. 908 Walnut Street, PHILADELPHIA.
-
-No. 245 Broadway, NEW YORK.
-
-*** END OF THE PROJECT GUTENBERG EBOOK ILLUSTRATED HISTORY OF THE
-UNITED STATES MINT ***
-
-Updated editions will replace the previous one--the old editions will
-be renamed.
-
-Creating the works from print editions not protected by U.S. copyright
-law means that no one owns a United States copyright in these works,
-so the Foundation (and you!) can copy and distribute it in the
-United States without permission and without paying copyright
-royalties. Special rules, set forth in the General Terms of Use part
-of this license, apply to copying and distributing Project
-Gutenberg-tm electronic works to protect the PROJECT GUTENBERG-tm
-concept and trademark. Project Gutenberg is a registered trademark,
-and may not be used if you charge for an eBook, except by following
-the terms of the trademark license, including paying royalties for use
-of the Project Gutenberg trademark. If you do not charge anything for
-copies of this eBook, complying with the trademark license is very
-easy. You may use this eBook for nearly any purpose such as creation
-of derivative works, reports, performances and research. Project
-Gutenberg eBooks may be modified and printed and given away--you may
-do practically ANYTHING in the United States with eBooks not protected
-by U.S. copyright law. Redistribution is subject to the trademark
-license, especially commercial redistribution.
-
-START: FULL LICENSE
-
-THE FULL PROJECT GUTENBERG LICENSE
-PLEASE READ THIS BEFORE YOU DISTRIBUTE OR USE THIS WORK
-
-To protect the Project Gutenberg-tm mission of promoting the free
-distribution of electronic works, by using or distributing this work
-(or any other work associated in any way with the phrase "Project
-Gutenberg"), you agree to comply with all the terms of the Full
-Project Gutenberg-tm License available with this file or online at
-www.gutenberg.org/license.
-
-Section 1. General Terms of Use and Redistributing Project
-Gutenberg-tm electronic works
-
-1.A. By reading or using any part of this Project Gutenberg-tm
-electronic work, you indicate that you have read, understand, agree to
-and accept all the terms of this license and intellectual property
-(trademark/copyright) agreement. If you do not agree to abide by all
-the terms of this agreement, you must cease using and return or
-destroy all copies of Project Gutenberg-tm electronic works in your
-possession. If you paid a fee for obtaining a copy of or access to a
-Project Gutenberg-tm electronic work and you do not agree to be bound
-by the terms of this agreement, you may obtain a refund from the
-person or entity to whom you paid the fee as set forth in paragraph
-1.E.8.
-
-1.B. "Project Gutenberg" is a registered trademark. It may only be
-used on or associated in any way with an electronic work by people who
-agree to be bound by the terms of this agreement. There are a few
-things that you can do with most Project Gutenberg-tm electronic works
-even without complying with the full terms of this agreement. See
-paragraph 1.C below. There are a lot of things you can do with Project
-Gutenberg-tm electronic works if you follow the terms of this
-agreement and help preserve free future access to Project Gutenberg-tm
-electronic works. See paragraph 1.E below.
-
-1.C. The Project Gutenberg Literary Archive Foundation ("the
-Foundation" or PGLAF), owns a compilation copyright in the collection
-of Project Gutenberg-tm electronic works. Nearly all the individual
-works in the collection are in the public domain in the United
-States. If an individual work is unprotected by copyright law in the
-United States and you are located in the United States, we do not
-claim a right to prevent you from copying, distributing, performing,
-displaying or creating derivative works based on the work as long as
-all references to Project Gutenberg are removed. Of course, we hope
-that you will support the Project Gutenberg-tm mission of promoting
-free access to electronic works by freely sharing Project Gutenberg-tm
-works in compliance with the terms of this agreement for keeping the
-Project Gutenberg-tm name associated with the work. You can easily
-comply with the terms of this agreement by keeping this work in the
-same format with its attached full Project Gutenberg-tm License when
-you share it without charge with others.
-
-1.D. The copyright laws of the place where you are located also govern
-what you can do with this work. Copyright laws in most countries are
-in a constant state of change. If you are outside the United States,
-check the laws of your country in addition to the terms of this
-agreement before downloading, copying, displaying, performing,
-distributing or creating derivative works based on this work or any
-other Project Gutenberg-tm work. The Foundation makes no
-representations concerning the copyright status of any work in any
-country other than the United States.
-
-1.E. Unless you have removed all references to Project Gutenberg:
-
-1.E.1. The following sentence, with active links to, or other
-immediate access to, the full Project Gutenberg-tm License must appear
-prominently whenever any copy of a Project Gutenberg-tm work (any work
-on which the phrase "Project Gutenberg" appears, or with which the
-phrase "Project Gutenberg" is associated) is accessed, displayed,
-performed, viewed, copied or distributed:
-
- This eBook is for the use of anyone anywhere in the United States and
- most other parts of the world at no cost and with almost no
- restrictions whatsoever. You may copy it, give it away or re-use it
- under the terms of the Project Gutenberg License included with this
- eBook or online at www.gutenberg.org. If you are not located in the
- United States, you will have to check the laws of the country where
- you are located before using this eBook.
-
-1.E.2. If an individual Project Gutenberg-tm electronic work is
-derived from texts not protected by U.S. copyright law (does not
-contain a notice indicating that it is posted with permission of the
-copyright holder), the work can be copied and distributed to anyone in
-the United States without paying any fees or charges. If you are
-redistributing or providing access to a work with the phrase "Project
-Gutenberg" associated with or appearing on the work, you must comply
-either with the requirements of paragraphs 1.E.1 through 1.E.7 or
-obtain permission for the use of the work and the Project Gutenberg-tm
-trademark as set forth in paragraphs 1.E.8 or 1.E.9.
-
-1.E.3. If an individual Project Gutenberg-tm electronic work is posted
-with the permission of the copyright holder, your use and distribution
-must comply with both paragraphs 1.E.1 through 1.E.7 and any
-additional terms imposed by the copyright holder. Additional terms
-will be linked to the Project Gutenberg-tm License for all works
-posted with the permission of the copyright holder found at the
-beginning of this work.
-
-1.E.4. Do not unlink or detach or remove the full Project Gutenberg-tm
-License terms from this work, or any files containing a part of this
-work or any other work associated with Project Gutenberg-tm.
-
-1.E.5. Do not copy, display, perform, distribute or redistribute this
-electronic work, or any part of this electronic work, without
-prominently displaying the sentence set forth in paragraph 1.E.1 with
-active links or immediate access to the full terms of the Project
-Gutenberg-tm License.
-
-1.E.6. You may convert to and distribute this work in any binary,
-compressed, marked up, nonproprietary or proprietary form, including
-any word processing or hypertext form. However, if you provide access
-to or distribute copies of a Project Gutenberg-tm work in a format
-other than "Plain Vanilla ASCII" or other format used in the official
-version posted on the official Project Gutenberg-tm website
-(www.gutenberg.org), you must, at no additional cost, fee or expense
-to the user, provide a copy, a means of exporting a copy, or a means
-of obtaining a copy upon request, of the work in its original "Plain
-Vanilla ASCII" or other form. Any alternate format must include the
-full Project Gutenberg-tm License as specified in paragraph 1.E.1.
-
-1.E.7. Do not charge a fee for access to, viewing, displaying,
-performing, copying or distributing any Project Gutenberg-tm works
-unless you comply with paragraph 1.E.8 or 1.E.9.
-
-1.E.8. You may charge a reasonable fee for copies of or providing
-access to or distributing Project Gutenberg-tm electronic works
-provided that:
-
-* You pay a royalty fee of 20% of the gross profits you derive from
- the use of Project Gutenberg-tm works calculated using the method
- you already use to calculate your applicable taxes. The fee is owed
- to the owner of the Project Gutenberg-tm trademark, but he has
- agreed to donate royalties under this paragraph to the Project
- Gutenberg Literary Archive Foundation. Royalty payments must be paid
- within 60 days following each date on which you prepare (or are
- legally required to prepare) your periodic tax returns. Royalty
- payments should be clearly marked as such and sent to the Project
- Gutenberg Literary Archive Foundation at the address specified in
- Section 4, "Information about donations to the Project Gutenberg
- Literary Archive Foundation."
-
-* You provide a full refund of any money paid by a user who notifies
- you in writing (or by e-mail) within 30 days of receipt that s/he
- does not agree to the terms of the full Project Gutenberg-tm
- License. You must require such a user to return or destroy all
- copies of the works possessed in a physical medium and discontinue
- all use of and all access to other copies of Project Gutenberg-tm
- works.
-
-* You provide, in accordance with paragraph 1.F.3, a full refund of
- any money paid for a work or a replacement copy, if a defect in the
- electronic work is discovered and reported to you within 90 days of
- receipt of the work.
-
-* You comply with all other terms of this agreement for free
- distribution of Project Gutenberg-tm works.
-
-1.E.9. If you wish to charge a fee or distribute a Project
-Gutenberg-tm electronic work or group of works on different terms than
-are set forth in this agreement, you must obtain permission in writing
-from the Project Gutenberg Literary Archive Foundation, the manager of
-the Project Gutenberg-tm trademark. Contact the Foundation as set
-forth in Section 3 below.
-
-1.F.
-
-1.F.1. Project Gutenberg volunteers and employees expend considerable
-effort to identify, do copyright research on, transcribe and proofread
-works not protected by U.S. copyright law in creating the Project
-Gutenberg-tm collection. Despite these efforts, Project Gutenberg-tm
-electronic works, and the medium on which they may be stored, may
-contain "Defects," such as, but not limited to, incomplete, inaccurate
-or corrupt data, transcription errors, a copyright or other
-intellectual property infringement, a defective or damaged disk or
-other medium, a computer virus, or computer codes that damage or
-cannot be read by your equipment.
-
-1.F.2. LIMITED WARRANTY, DISCLAIMER OF DAMAGES - Except for the "Right
-of Replacement or Refund" described in paragraph 1.F.3, the Project
-Gutenberg Literary Archive Foundation, the owner of the Project
-Gutenberg-tm trademark, and any other party distributing a Project
-Gutenberg-tm electronic work under this agreement, disclaim all
-liability to you for damages, costs and expenses, including legal
-fees. YOU AGREE THAT YOU HAVE NO REMEDIES FOR NEGLIGENCE, STRICT
-LIABILITY, BREACH OF WARRANTY OR BREACH OF CONTRACT EXCEPT THOSE
-PROVIDED IN PARAGRAPH 1.F.3. YOU AGREE THAT THE FOUNDATION, THE
-TRADEMARK OWNER, AND ANY DISTRIBUTOR UNDER THIS AGREEMENT WILL NOT BE
-LIABLE TO YOU FOR ACTUAL, DIRECT, INDIRECT, CONSEQUENTIAL, PUNITIVE OR
-INCIDENTAL DAMAGES EVEN IF YOU GIVE NOTICE OF THE POSSIBILITY OF SUCH
-DAMAGE.
-
-1.F.3. LIMITED RIGHT OF REPLACEMENT OR REFUND - If you discover a
-defect in this electronic work within 90 days of receiving it, you can
-receive a refund of the money (if any) you paid for it by sending a
-written explanation to the person you received the work from. If you
-received the work on a physical medium, you must return the medium
-with your written explanation. The person or entity that provided you
-with the defective work may elect to provide a replacement copy in
-lieu of a refund. If you received the work electronically, the person
-or entity providing it to you may choose to give you a second
-opportunity to receive the work electronically in lieu of a refund. If
-the second copy is also defective, you may demand a refund in writing
-without further opportunities to fix the problem.
-
-1.F.4. Except for the limited right of replacement or refund set forth
-in paragraph 1.F.3, this work is provided to you 'AS-IS', WITH NO
-OTHER WARRANTIES OF ANY KIND, EXPRESS OR IMPLIED, INCLUDING BUT NOT
-LIMITED TO WARRANTIES OF MERCHANTABILITY OR FITNESS FOR ANY PURPOSE.
-
-1.F.5. Some states do not allow disclaimers of certain implied
-warranties or the exclusion or limitation of certain types of
-damages. If any disclaimer or limitation set forth in this agreement
-violates the law of the state applicable to this agreement, the
-agreement shall be interpreted to make the maximum disclaimer or
-limitation permitted by the applicable state law. The invalidity or
-unenforceability of any provision of this agreement shall not void the
-remaining provisions.
-
-1.F.6. INDEMNITY - You agree to indemnify and hold the Foundation, the
-trademark owner, any agent or employee of the Foundation, anyone
-providing copies of Project Gutenberg-tm electronic works in
-accordance with this agreement, and any volunteers associated with the
-production, promotion and distribution of Project Gutenberg-tm
-electronic works, harmless from all liability, costs and expenses,
-including legal fees, that arise directly or indirectly from any of
-the following which you do or cause to occur: (a) distribution of this
-or any Project Gutenberg-tm work, (b) alteration, modification, or
-additions or deletions to any Project Gutenberg-tm work, and (c) any
-Defect you cause.
-
-Section 2. Information about the Mission of Project Gutenberg-tm
-
-Project Gutenberg-tm is synonymous with the free distribution of
-electronic works in formats readable by the widest variety of
-computers including obsolete, old, middle-aged and new computers. It
-exists because of the efforts of hundreds of volunteers and donations
-from people in all walks of life.
-
-Volunteers and financial support to provide volunteers with the
-assistance they need are critical to reaching Project Gutenberg-tm's
-goals and ensuring that the Project Gutenberg-tm collection will
-remain freely available for generations to come. In 2001, the Project
-Gutenberg Literary Archive Foundation was created to provide a secure
-and permanent future for Project Gutenberg-tm and future
-generations. To learn more about the Project Gutenberg Literary
-Archive Foundation and how your efforts and donations can help, see
-Sections 3 and 4 and the Foundation information page at
-www.gutenberg.org
-
-Section 3. Information about the Project Gutenberg Literary
-Archive Foundation
-
-The Project Gutenberg Literary Archive Foundation is a non-profit
-501(c)(3) educational corporation organized under the laws of the
-state of Mississippi and granted tax exempt status by the Internal
-Revenue Service. The Foundation's EIN or federal tax identification
-number is 64-6221541. Contributions to the Project Gutenberg Literary
-Archive Foundation are tax deductible to the full extent permitted by
-U.S. federal laws and your state's laws.
-
-The Foundation's business office is located at 809 North 1500 West,
-Salt Lake City, UT 84116, (801) 596-1887. Email contact links and up
-to date contact information can be found at the Foundation's website
-and official page at www.gutenberg.org/contact
-
-Section 4. Information about Donations to the Project Gutenberg
-Literary Archive Foundation
-
-Project Gutenberg-tm depends upon and cannot survive without
-widespread public support and donations to carry out its mission of
-increasing the number of public domain and licensed works that can be
-freely distributed in machine-readable form accessible by the widest
-array of equipment including outdated equipment. Many small donations
-($1 to $5,000) are particularly important to maintaining tax exempt
-status with the IRS.
-
-The Foundation is committed to complying with the laws regulating
-charities and charitable donations in all 50 states of the United
-States. Compliance requirements are not uniform and it takes a
-considerable effort, much paperwork and many fees to meet and keep up
-with these requirements. We do not solicit donations in locations
-where we have not received written confirmation of compliance. To SEND
-DONATIONS or determine the status of compliance for any particular
-state visit www.gutenberg.org/donate
-
-While we cannot and do not solicit contributions from states where we
-have not met the solicitation requirements, we know of no prohibition
-against accepting unsolicited donations from donors in such states who
-approach us with offers to donate.
-
-International donations are gratefully accepted, but we cannot make
-any statements concerning tax treatment of donations received from
-outside the United States. U.S. laws alone swamp our small staff.
-
-Please check the Project Gutenberg web pages for current donation
-methods and addresses. Donations are accepted in a number of other
-ways including checks, online payments and credit card donations. To
-donate, please visit: www.gutenberg.org/donate
-
-Section 5. General Information About Project Gutenberg-tm electronic works
-
-Professor Michael S. Hart was the originator of the Project
-Gutenberg-tm concept of a library of electronic works that could be
-freely shared with anyone. For forty years, he produced and
-distributed Project Gutenberg-tm eBooks with only a loose network of
-volunteer support.
-
-Project Gutenberg-tm eBooks are often created from several printed
-editions, all of which are confirmed as not protected by copyright in
-the U.S. unless a copyright notice is included. Thus, we do not
-necessarily keep eBooks in compliance with any particular paper
-edition.
-
-Most people start at our website which has the main PG search
-facility: www.gutenberg.org
-
-This website includes information about Project Gutenberg-tm,
-including how to make donations to the Project Gutenberg Literary
-Archive Foundation, how to help produce our new eBooks, and how to
-subscribe to our email newsletter to hear about new eBooks.