![]() ![]() 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. ![]() Many of the coin images on our website are from Stack’s extensive archive of tens of thousands of rare coins they have sold in past auctions.In 1907, President Roosevelt wanted a new coin to honor the 100th anniversary of Abraham Lincoln’s birth (1809-1909). They are the oldest coin and currency auction firm in The United States. Please give us a chance to share our knowledge with you.Īnd while you are visiting our coin website, please view the video below to learn a little bit more about Stacks Bowers Coin Auctions. We are in the business of buying and selling coins because we have a passion for coins and the history they represent. In a situation where we feel like there might be a better or more logical buyer, we can refer that person to you free of charge. While we do buy a single rare coin or an entire collection, we may not always be the best person to sell to. ![]() We are here to answer any and all questions. Not only can you get history and auction data about your coin, you can also work directly with any of our coin experts to get straight answers on what your coins are really worth, if they should be graded, and if an auction is the right place to sell them for as much money as possible. Our coin value guide has pictures and prices for thousands of rare U.S. You have come to the right place if you need accurate and up to date value information about coins. ![]()
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