Quote:
The coins were not meant for the general public, but were taken to Mint Director David Rittenhouse for distribution to dignitaries as souvenirs.
"They were distributed to congressmen, visiting VIPs from other nations, and other important American citizens at the time," said Mudd.
The coins were given to David Rittenhouse because he deposited the silver, so they belonged to him. They were his to do with as he pleased. Some may have been, and probably were given to VIP's, but as far as I know there is no documentation of such.
The mirror like fields on this coin would seem to indicate that the die was polished and a presentation "first strike" coin was produced. But this coin wasn't it. This would have been an important event and you would want that presentation piece to be a perfect as possible. You have 2,000 planchets to choose from for this presentation coin. Would you pick through and find the best planchet you could, or would you pick a planchet that had been holed and plugged, and then had a file drug across the faces of the planchet? (and this is the ONLY known 1794 struck on a holed and plugged planchet so it was like you HAD to picked a plugged planchet.)
This coin was struck AFTER the presentation coin, possibly immediately after since it is the only specimen known from this die stage and the die faces are still sharp and polished, but it wasn't the first coin.