But, for those who have the resources, this is a gem to be treasured. In fact, this ultra-rarity may be beyond the reach of many collectors. Today, these coins are scarce and expensive. It was said that these great works of numismatic art were seen in special necklaces adorning the bosoms of Washington’s top madams, whose brothels were said to be patronized by those same Congressman. Mint, the Congressman who had received a special order for prototype viewing apparently used them as gifts and perhaps even payment. While it was said that no coin collector could obtain a Stella from the U.S. Stellas were never produced for circulation, but there was immediate collector demand for these awe-inspiring coins. The gold coin was minted in 18 and originated as a prototype to closely approximate the value of common foreign gold coins. Named for the five-pointed star featured on its reverse, there is a $4 gold coin known famously as a Stella. That this occurred so soon after the death of Charles Barber led to rumors that Barber, the Mint’s chief engraver, was the person who made the original complaint about the initials. In 1918, the initials returned, albeit smaller and on the obverse, rather than reverse. initials is essential to any Lincoln cent collection. Today, this beloved coin featuring the V.D.B. A few days later, Treasury Secretary Franklin MacVeagh sent a message: “Stop the mints!” He halted production of the coin and ordered the initials removed.īy then, almost 28 million cents were struck in Philadelphia and 484,000 at the San Francisco Mint. Internal complaints emerged over the size and placement of the initials. Quickly, however, public controversy and scandal broke out over the design, specifically the inclusion of Brenner’s initials “V.D.B” on the reverse of the coin. Newsboys famously took advantage of the huge demand, nearly doubling their money after braving long lines selling their Lincoln cents at three for a nickel. On release day – Aug– the police were called in for crowd control, as the coin was distributed for the first time on Wall Street. Roosevelt explored the idea of featuring an image of President Lincoln on the coin and ultimately accepted a coin design proposal submitted by Victor David Brenner, a sculptor, and engraver.Īmericans eagerly anticipated the release of the new Lincoln cent in 1909, this was the first ever regular issue coin in American history to feature a real person. Whether or not the story is based in fact, it is possible there are more examples of this super valuable dime that passed into circulation and have yet to be discovered.In 1907, President Roosevelt wanted a new coin to honor the 100th anniversary of Abraham Lincoln’s birth (1809-1909). On her way home from the mint on a hot day, she spent one of the three for ice cream. Legend says that the San Francisco Mint superintendent, knowing the coin would be exceptionally rare, gave three of them to his daughter to keep. There's a charming story about this coin that may or may not be true. Although it was a proof coin, a few ended up in circulation, including one that showed up in 1957 at Gimbels Department Store in New York City. The dime features Lady Liberty in profile on the front and a wreath on the back with "One Dime" stamped in the center. A proof copy of a coin they didn't end up minting that year, there were originally 24 struck. One of the rarest US coins in existence according PCGS Coin Trackers, the 1894-S Barber dime has only nine known examples today.
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