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Smithsonian Coin - Proof Double Eagle

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mklpatrick's Avatar
United States
580 Posts
 Posted 09/25/2008  1:24 pm Show Profile   Bookmark this topic Add mklpatrick to your friends list Get a Link to this Message Number of Subscribers
Have any of you seen this? I came across an ad in the Smithsonian Magazine that describes how they came across James Longacres' notes from 1864 regarding the addition of a religious motto to coins. His first attempt of a motto used the words "Our Trust is in God" and was to be placed on the $20 Gold Double Eagle.

That idea was shelved and it was placed on the 2 cent piece using slightly different wordage. But NOW you can own a pure silver (.999 ounce) proof rendition of that coin for only $99!

That seems a bit on the pricey side, right?
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Jaobler's Avatar
United States
6381 Posts
 Posted 09/25/2008  2:20 pm  Show Profile   Bookmark this reply Add Jaobler to your friends list Get a Link to this Reply
Oh yeah, I saw that. It's an excellent deal as long as you don't mind paying $100 for an ounce of silver. These are private-issue medals, not coins, and will never have any collector value.
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mklpatrick's Avatar
United States
580 Posts
 Posted 09/25/2008  3:00 pm  Show Profile   Bookmark this reply Add mklpatrick to your friends list Get a Link to this Reply
So I guess I should cancel my order of 15 of these?
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Conder101's Avatar
United States
17884 Posts
 Posted 09/30/2008  09:33 am  Show Profile   Bookmark this reply Add Conder101 to your friends list Get a Link to this Reply

Quote:
I came across an ad in the Smithsonian Magazine that describes how they came across James Longacres' notes from 1864 regarding the addition of a religious motto to coins. His first attempt of a motto used the words "Our Trust is in God" and was to be placed on the $20 Gold Double Eagle.

That makes it even worse. Using a fiction to try and create interest in these private medals. To the best I know, they never used the motto "Our trust is in God" on ANY pattern coin. That quote was suggested in the letter from the Reverend to the Secretary of the Treasury but it was never used on a pattern. Mottos actually considered were "God, Liberty, and Law", "Our God and Our Country", "God our Trust, and finally "In God We Trust".

And it was never considered for use on the double eagle until 1866 (Because the addition of the motto would require Congressional action.), two years after the final version was used on the Two Cent Piece. And they did not consider using a different motto on the double eagle.
Edited by Conder101
09/30/2008 10:05 am
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