Classic Head Quarter Eagle
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Classic Head Quarter Eagle
The Classic Head $2.50 gold coin is an American coin, also called a quarter eagle, minted from 1834-1839. It features Liberty on the obverse and an eagle on the reverse. Economic conditions 1834 witnessed tough economic times in the United States. President Andrew Jackson was opposed to the developing central bank of that era known as the Second Bank of the United States. His aim was to reform a system which took power away from the states and concentrated it in the hands of a few. He recognized the potential for abuse and manipulation that was not necessarily in the best interests of the United States. His attacks on the fledgling central bank served to erode their power despite the fact that their charter did not expire until 1836. This allowed the president to introduce banking reform which was officially passed by Congress in 1836. It was known as the Deposit Act. In 1834, President Jackson began action to strengthen the U.S. economy. His goal was to retire the notes of the Ban ...
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Quarter Eagle
The quarter eagle was a gold coin issued by the United States with a value of two hundred and fifty cents, or two dollars and fifty cents. It was given its name in the Coinage Act of 1792, as a derivation from the US ten-dollar eagle coin. History The quarter eagle denomination was struck at the main mint at Philadelphia (1796–1929), and branch mints in Charlotte (1838–1860), New Orleans (1839–1857 only), Dahlonega (1839–1859), San Francisco (1854–1879), and Denver (1911–1925). Years were skipped at the various mints, with no coins at all made between 1808 and 1821 and 1915 and 1925. The first issues weighed 67.5 grains, fineness .9167, until the weight was modified to 64.5 grains and the fineness changed to .8992 by the Act of June 28, 1834. The Coinage Act of 1837 (January 18, 1837) established a fineness of .900. This means that 1837 and later quarter eagles contain 0.121 Troy Oz. of gold content. Relatively few coins were struck prior to 1834, owing to their ...
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Liberty (goddess)
The concept of liberty has frequently been represented by personifications, often loosely shown as a female classical goddess. Examples include Marianne, the national personification of the French Republic and its values of '' Liberté, Égalité, Fraternité'', the female Liberty portrayed on United States coins for well over a century, and many others. These descend from images on ancient Roman coins of the Roman goddess Libertas and from various developments from the Renaissance onwards. The Dutch Maiden was among the first, re-introducing the cap of liberty on a liberty pole featured in many types of image, though not using the Phrygian cap style that became conventional. The 1886 Statue of Liberty (''Liberty Enlightening the World'') by Frédéric Auguste Bartholdi is a well-known example in art, a gift from France to the United States. Ancient Rome The ancient Roman goddess Libertas was honored during the second Punic War (218 to 201 BC) by a temple erected on the Ave ...
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Andrew Jackson
Andrew Jackson (March 15, 1767 – June 8, 1845) was an American lawyer, planter, general, and statesman who served as the seventh president of the United States from 1829 to 1837. Before being elected to the presidency, he gained fame as a general in the United States Army and served in both houses of the U.S. Congress. Although often praised as an advocate for ordinary Americans and for his work in preserving the union of states, Jackson has also been criticized for his racial policies, particularly his treatment of Native Americans. Jackson was born in the colonial Carolinas before the American Revolutionary War. He became a frontier lawyer and married Rachel Donelson Robards. He served briefly in the United States House of Representatives and the United States Senate, representing Tennessee. After resigning, he served as a justice on the Tennessee Supreme Court from 1798 until 1804. Jackson purchased a property later known as the Hermitage, becoming a wealthy plan ...
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Second Bank Of The United States
The Second Bank of the United States was the second federally authorized Hamiltonian national bank in the United States. Located in Philadelphia, Pennsylvania, the bank was chartered from February 1816 to January 1836.. The Bank's formal name, according to section 9 of its charter as passed by Congress, was "The President Directors and Company of the Bank of the United States". While other banks in the US were chartered by and only allowed to have branches in a single state, it was authorized to have branches in multiple states and lend money to the US government. A private corporation with public duties, the Bank handled all fiscal transactions for the U.S. Government, and was accountable to Congress and the U.S. Treasury. Twenty percent of its capital was owned by the federal government, the Bank's single largest stockholder.. Four thousand private investors held 80 percent of the Bank's capital, including three thousand Europeans. The bulk of the stocks were held by a few hundr ...
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Third Party Grading
Third Party Grading (TPG) refers to coin grading & banknote grading, grading of stamps, cards, comic books, etc., authentication, attribution, and encapsulation by independent certification services. These services will, for a tiered fee, "slab" an item. Professional Coin Grading Service (PCGS), Numismatic Guaranty Corporation (NGC), Independent Coin Graders (ICG), and ANACS are the most popular and credible services. Together they have certified over 80 million coins. All four firms guarantee the grades and authenticity of their certified coins. Certified Acceptance Corporation (CAC) is a coin certification service which certifies—and makes a market in—certain high-end coins already certified by PCGS or NGC. History Modern third-party coin grading service is presently defined by the tamper-resistant plastic "slab," which encapsulates both the item and its certification. Before the slab, there was no way to permanently tie the certificate to the actual item being certifie ...
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Numismatic Guaranty Corporation
Numismatic Guaranty Company (NGC) is an international third-party coin grading and certification service based in Sarasota, Florida. It has certified more than 50 million coins. NGC certification consists of authentication, grading, attribution, and encapsulation in clear plastic holders. NGC is a subsidiary of Certified Collectibles Group (CCG), which owns six collectible certification services and is in turn owned by Blackstone, a multibillion dollar New York City hedge fund. History NGC was founded in 1987 in Parsippany, N.J. as one of the first independent third-party coin grading companies. In 1995, NGC was named the official grading service of the ANA, though this is purely for marketing purposes as the ANA does not encapsulate coins in its collection, and those that are encapsulated are a mix of donated coins by different services including rivals such as PCGS. NGC commenced operations at its new location in Sarasota, Florida in 2002. That same year, NGC was named the ...
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Professional Coin Grading Service
Professional Coin Grading Service (PCGS) is an American third-party coin grading, authentication, attribution, and encapsulation service founded in 1985. The intent of its seven founding dealers, including the firm's former president David Hall, was to standardize grading.Laibstain, Harry. ''Investing, collecting & trading in certified commemoratives: an in-depth analysis of gold & silver issues 1892-1954''. DLRC Press, 1995, p. 1-134. The firm has divisions in Europe and Asia, and is owned by parent company Collectors Universe. PCGS has graded over 42.5 million coins, medals, and tokens valued at over $36 billion. History PCGS was founded in 1985 by seven dealers, including the firm's former president, David Hall. The founders' intent was to establish definitive grading standards, backed by a guarantee of grading accuracy. PCGS began operations on February 3, 1986. The firm has since started grading foreign coins and established divisions in Europe and Asia, and was purchased by ...
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Classic Head
The Classic Head was a coin design issued by the United States Mint in the early 19th century. It was introduced for copper coinage in 1808 by engraver John Reich and later redesigned and improved by Chief Engraver William Kneass. Dates minted * (John Reich) Half cents: 1809 to 1836 * (John Reich) Large cents: 1808 until 1815 * (William Kneass) Quarter eagle: 1834 to 1839 * (William Kneass) Half eagle: 1834 to 1837 Description The short-lived Classic Head interpretation of Liberty was designed by John Reich for use on the half cent and the large cent; however, the design used on the silver and gold coins was developed by William Kneass. The Classic Head depicted Liberty with long, curly hair. The reverse designed by John Reich depicted the coin's denomination and value inside a wreath. Kneass's design, however, scaled down the design so it would fit on smaller coins and then added a heraldic eagle on the reverse, substituting the simple design by John Reich. A similar desig ...
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Historical Currencies Of The United States
History (derived ) is the systematic study and the documentation of the human activity. The time period of event before the invention of writing systems is considered prehistory. "History" is an umbrella term comprising past events as well as the memory, discovery, collection, organization, presentation, and interpretation of these events. Historians seek knowledge of the past using historical sources such as written documents, oral accounts, art and material artifacts, and ecological markers. History is not complete and still has debatable mysteries. History is also an academic discipline which uses narrative to describe, examine, question, and analyze past events, and investigate their patterns of cause and effect. Historians often debate which narrative best explains an event, as well as the significance of different causes and effects. Historians also debate the nature of history as an end in itself, as well as its usefulness to give perspective on the problems of the p ...
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United States Gold Coins
United may refer to: Places * United, Pennsylvania, an unincorporated community * United, West Virginia, an unincorporated community Arts and entertainment Films * ''United'' (2003 film), a Norwegian film * ''United'' (2011 film), a BBC Two film Literature * ''United!'' (novel), a 1973 children's novel by Michael Hardcastle Music * United (band) United is a Japanese thrash metal band formed in 1981. They took their name from the United (Judas Priest song), song of the same name, off of Judas Priest's ''British Steel (album), British Steel''. History Originally a Judas Priest and Bla ..., Japanese thrash metal band formed in 1981 Albums * United (Commodores album), ''United'' (Commodores album), 1986 * United (Dream Evil album), ''United'' (Dream Evil album), 2006 * United (Marvin Gaye and Tammi Terrell album), ''United'' (Marvin Gaye and Tammi Terrell album), 1967 * United (Marian Gold album), ''United'' (Marian Gold album), 1996 * United (Phoenix album), ''United'' ...
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Quarter Eagle
The quarter eagle was a gold coin issued by the United States with a value of two hundred and fifty cents, or two dollars and fifty cents. It was given its name in the Coinage Act of 1792, as a derivation from the US ten-dollar eagle coin. History The quarter eagle denomination was struck at the main mint at Philadelphia (1796–1929), and branch mints in Charlotte (1838–1860), New Orleans (1839–1857 only), Dahlonega (1839–1859), San Francisco (1854–1879), and Denver (1911–1925). Years were skipped at the various mints, with no coins at all made between 1808 and 1821 and 1915 and 1925. The first issues weighed 67.5 grains, fineness .9167, until the weight was modified to 64.5 grains and the fineness changed to .8992 by the Act of June 28, 1834. The Coinage Act of 1837 (January 18, 1837) established a fineness of .900. This means that 1837 and later quarter eagles contain 0.121 Troy Oz. of gold content. Relatively few coins were struck prior to 1834, owing to their ...
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