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<p>[QUOTE="Conder101, post: 594756, member: 66"]I swear I not really trying to nit-pick.</p><p><br /></p><p><br /></p><p>Must have taken him a long time to give his blessing as Gobrecht was not hired by the mint until 1836.</p><p><br /></p><p><br /></p><p>The coinage of two half dollars cost almost twice as much as coining one silver dollar. That's why the economics worked. They had not been coined before for bank cash reserves because years before it had been profitable to export them in exchange for Spanish dollars in 1804 President Jefferson had ended the coinage of silver dollars by Presidential Order rather than continueing to coin all the silver just to export it. The economic had remained that way until recently. Then President Jackson issued a new order, rescinding the old order, in 1830. So no dollars could have been struck until then.</p><p><br /></p><p><br /></p><p>Current research seems to show that this is not true. Of the small number of of "Name in field" patterns known today, not a single one shows the "Onward and Upward" reverese die orientation or a 416 grain planchet. Eveny known specimen is of the lower 1837 weight standard and with the restrike die orientation. These were most likely a fantasy creation of the 1850's when the Mint was trying to cater to a collector who wanted "One of the Gobrecht dollars with his name below Liberty". They took him literally an put the name in the field below Liberty and not on the base of the rock below Liberty.</p><p><br /></p><p>It should have been made clear that the lighter weight issue in 1837 were still dated 1836.</p><p><br /></p><p>There is no mention of the 1838 or 1839 issues. 1838 was a pattern with only 25 struck, but the 1839 issue was 300 proofs that were also delivered for circulation lke the proofs struck in 1836 and 1837.</p><p><br /></p><p>The discussion of the 1850's restriking should come after th discussion of the mintages. It would be a little clearer that way what was going on, or at least a line separation to indicate the new paragraph.[/QUOTE]</p><p><br /></p>
[QUOTE="Conder101, post: 594756, member: 66"]I swear I not really trying to nit-pick. Must have taken him a long time to give his blessing as Gobrecht was not hired by the mint until 1836. The coinage of two half dollars cost almost twice as much as coining one silver dollar. That's why the economics worked. They had not been coined before for bank cash reserves because years before it had been profitable to export them in exchange for Spanish dollars in 1804 President Jefferson had ended the coinage of silver dollars by Presidential Order rather than continueing to coin all the silver just to export it. The economic had remained that way until recently. Then President Jackson issued a new order, rescinding the old order, in 1830. So no dollars could have been struck until then. Current research seems to show that this is not true. Of the small number of of "Name in field" patterns known today, not a single one shows the "Onward and Upward" reverese die orientation or a 416 grain planchet. Eveny known specimen is of the lower 1837 weight standard and with the restrike die orientation. These were most likely a fantasy creation of the 1850's when the Mint was trying to cater to a collector who wanted "One of the Gobrecht dollars with his name below Liberty". They took him literally an put the name in the field below Liberty and not on the base of the rock below Liberty. It should have been made clear that the lighter weight issue in 1837 were still dated 1836. There is no mention of the 1838 or 1839 issues. 1838 was a pattern with only 25 struck, but the 1839 issue was 300 proofs that were also delivered for circulation lke the proofs struck in 1836 and 1837. The discussion of the 1850's restriking should come after th discussion of the mintages. It would be a little clearer that way what was going on, or at least a line separation to indicate the new paragraph.[/QUOTE]
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1836 a landmark year in numismatics
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