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01-23-2009, 12:27 AM
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#1 (permalink)
| | Numismatist In Training
Join Date: Dec 2007 Location: Colorado Springs, CO
Posts: 5,027
My Mood: | 1797 George Washington Medal Found In Virginia
A rare George Washington medal dating to 1797 has been found in Virginia. The medal was found along with other artifacts at Alexandria at Shuter’s Hill, the site of the George Washington Masonic National Memorial. (Actually the medal was excavated 10 years ago but was not identified and was stored away until now.) The following article identifies the medal as a coin, a token and a medal. Quote: | Early this year, prompted by interest in the inauguration, archaeologists retrieved the medal and began to research its history. They consulted Louis Jordan, a numismatic expert, who was able to accurately identify it as a George Washington Baker 66 Medal from 1797. |
__________________ No state shall emit bills of credit, make any thing but gold and silver coin a tender in payment of debts, coin money . . . - US Constitution, Article 1, Section 10 ANA LM-3799; OHNS LM-59; SUSCC R-4005. All coins stored in bank safe deposit box. |
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01-23-2009, 12:31 AM
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#2 (permalink)
| | ANA# R3129541
Join Date: Sep 2007 Location: Long Island, New York
Posts: 5,902
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Interesting read Hobo....
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01-23-2009, 01:20 AM
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#3 (permalink)
| | Enthusiast
Join Date: Aug 2008 Location: Tennessee
Posts: 662
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sweet!
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Monetary values amount to nothing in the face of a coin that's survived centuries to make it into my hand.
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01-23-2009, 02:14 AM
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#4 (permalink)
| | Supporter**
Join Date: May 2008
Posts: 1,931
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Thanks!!! Any idea what its worth?
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01-23-2009, 02:20 AM
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#5 (permalink)
| | Numismatist In Training
Join Date: Dec 2007 Location: Colorado Springs, CO
Posts: 5,027
My Mood: | Quote:
Originally Posted by Harryj Any idea what its worth? |
No idea. I would imagine a pretty penny. Maybe Coin World or NN will give a value when they report it.
__________________ No state shall emit bills of credit, make any thing but gold and silver coin a tender in payment of debts, coin money . . . - US Constitution, Article 1, Section 10 ANA LM-3799; OHNS LM-59; SUSCC R-4005. All coins stored in bank safe deposit box. |
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01-24-2009, 02:33 AM
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#6 (permalink)
| | Coin Hoarder
Join Date: Jan 2005 Location: NE Ohio
Posts: 736
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The dies for this token were cut by Thomas Wyon of Birmingham, England. The reverse just has wording in 9 lines - GENERAL/OF THE AMERICAN/ARMIES, 1775./RESIGND THE COMMAND 1783/ELECTED PRESIDENT OF/THE UNITED STATES 1789./RE-ELECTED, 1793/RESIGN'D./1797.
My 1999 reference lists value at $575 in EF and $800 in UNC. Diameter is 37mm, and is made of white metal. It has a plain edge. Also has the id of Raymond 11.
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01-24-2009, 02:46 AM
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#7 (permalink)
| | Numismatist In Training
Join Date: Dec 2007 Location: Colorado Springs, CO
Posts: 5,027
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Thanks, CWT. That is interesting info. Any idea how many of these medals were struck?
[The wording on the reverse is interesting - "ELECTED PRESIDENT OF/THE UNITED STATES 1789./RE-ELECTED, 1793/RESIGN'D./1797". I don't recall Washington resigning from office.]
__________________ No state shall emit bills of credit, make any thing but gold and silver coin a tender in payment of debts, coin money . . . - US Constitution, Article 1, Section 10 ANA LM-3799; OHNS LM-59; SUSCC R-4005. All coins stored in bank safe deposit box. |
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01-24-2009, 06:07 AM
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#8 (permalink)
| | Numismatist
Join Date: Sep 2002
Posts: 4,446
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Not so much resigned as chose not to accept the office again. You have to remember that at that point in time the idea of someone in power, especially the "top office", voluntarily stepping down from office was pretty much unheard of. Washington could have pretty much held onto the job and been "President for life" with no trouble. But instead he stepped down or "resigned" and allowed someone else to take over.
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Slab collector and researcher
reported as of 12/29/06
132 companies 332 production varieties
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01-24-2009, 06:25 AM
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#9 (permalink)
| | Numismatist In Training
Join Date: Dec 2007 Location: Colorado Springs, CO
Posts: 5,027
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You're right - not many politicians voluntarily give up power. But Washington was a class act. He refused to have his image on US coins because (for one reason) he did not want to appear like the British monarchs that placed their images on British coins (and still do to this day).
Washington died in 1799. I wonder if he knew he would not live long enough to complete a third term and walked away from it so he could enjoy what remained of his life.
Interestingly, Presidents after Washington seemed to respect the precedent that Washington set by limiting his tenure to two terms. That is until FDR was elected 4 times.
__________________ No state shall emit bills of credit, make any thing but gold and silver coin a tender in payment of debts, coin money . . . - US Constitution, Article 1, Section 10 ANA LM-3799; OHNS LM-59; SUSCC R-4005. All coins stored in bank safe deposit box. |
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01-24-2009, 12:07 PM
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#10 (permalink)
| | Numismatist
Join Date: Sep 2002
Posts: 4,446
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And government respected his wishes with respect to his portrait on coinage until 1932 (Ok with a Commem in 1899, but he shared that and didn't have it to himself.) and since that time has now apparently deified him so that the God Washington will grade the quarter dollar evermore. Exactly what he didn't want to happen.
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Slab collector and researcher
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132 companies 332 production varieties
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