E-auction 545-470307 - fwo_766733 - UNITED STATES OF AMERICA 1 Dollar Morgan 1879 San Francisco
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| Estimate : | 30 € |
| Price : | 35 € |
| Maximum bid : | 36 € |
| End of the sale : | 25 September 2023 16:32:20 |
| bidders : | 8 bidders |
Type : 1 Dollar Morgan
Date: 1879
Mint name / Town : San Francisco
Quantity minted : 9110000
Metal : silver
Millesimal fineness : 900 ‰
Diameter : 38,10 mm
Orientation dies : 6 h.
Weight : 26,17 g.
Edge : cannelée
Obverse
Obverse legend : E . PLURIBUS . UNUM // 1879.
Obverse description : tête à gauche de femme symbolisant la Liberté.
Reverse
Reverse legend : UNITED - STATES OF - AMERICA // * ONE DOLLAR *.
Reverse description : aigle aux ailles déployées tenant une branche d’olivier et deux flèches ; couronne de laurier et motto “In God we trust”.
Commentary
En 1873, le « Fourth Coinage act » met fin au bimétallisme et les monnaies en argent sont démonétisées. Cependant dès 1876, de nombreux projets de lois sont proposés afin de réintroduire des dollars en argent. En 1878, Rutherford B. Hayes tente en vain de faire véto au «Bland-Allison Act » au Congrès. Dans cette optique, dès 1876, Henry Linderman, directeur de l'US Mint demande alors à C.W. Fremantle, deputy master de la Royal Mint de Londres, de lui trouver un graveur de coin de premier rang. Ce sera Charles T. Morgan (1845-1925) qui devient assistant graveur auprès du graveur en chef William Barber. Dès 1877, Morgan travaille sur des essais monétaires et prépare son projet de dollar argent. Ainsi en 1878, seulement une semaine après le passage de la loi, l'atelier de Philadelphie frappe des dollars dits « Morgan ». Charles Morgan succèdera à Charles E. Barber (fils de William Barber) en 1917.
Historical background
UNITED STATES OF AMERICA
During the First World War, the United States stood apart from the conflict. Faced with threatening Germany, the United States entered the war in 1917 and played a decisive role in the victory. The post-war period experienced an extraordinary economic boom which confirms the role of the world's leading commercial and financial power achieved before the First World War. In such euphoria, the economic crisis born in October 1929 led to a real economic paralysis which created seven million unemployed in two years. The election of Roosevelt in 1932 made it possible to overcome the crisis with the interventionist policy of the "New deal" but reduced the influence of the United States on world politics while Europe was sinking into totalitarian regimes. Re-elected in 1940, Roosevelt made the United States the arsenal of democracies, and the Japanese attack on Pearl Harbor in 1941 threw the American people into World War II..
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