Civil Rights
Movements, leaders, victories and the continuing fight for equality.
q2K BHP
Black History Portal
THE BHP WIRE —
HIDDEN TRUTHS
What's New!
Explore the people, places, events, achievements, struggles and stories that shaped our journey.
Movements, leaders, victories and the continuing fight for equality.
Innovation, patents, science, technology and world-changing contributions.
Pioneers, champions, Negro Leagues, records, activism and excellence.
Meet the people whose lives, choices and achievements shaped the journey.
Black towns, communities, institutions and places where history happened.
Moments that changed communities, movements, institutions and the nation.
Katherine Johnson’s mathematical calculations helped guide some of America’s most important early space missions while she confronted the racial and gender barriers faced by Black women in twentieth-century America.
MORE →Reflects the personal views, recollections, and perspective of the author, Mike Davis.
This is a personal recollection on the Move fire on May 13, 1985
The Classic Head $2.50 gold coin is an American coin, also called a quarter eagle, minted from 1834 to 1839.[1] It features Liberty on the obverse and an eagle on the reverse.
The year 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.[2]
In 1834, President Jackson began action to strengthen the U.S. economy. His goal was to retire the notes of the Bank of the United States prevalent in society at that time and to replace them with specie gold. In addition, he realized that the ratio between gold and silver must be adjusted if gold specie was to remain in circulation. At that time, the gold to silver ratio was 15:1 while in Europe, the ratio was 15.5:1. This led to the practice of melting down contemporary U.S. gold coins for profit because there was a slightly higher gold content than the face value. This practice led to significant coin rarities in the Capped Bust series of gold coins minted from 1808 to 1834.[3] Gold specie fineness was reduced from .9167 fine to .8992 fine and the gold to silver ratio was increased to 16:1. This action was extremely astute and ensured that the new $2.50 and $5 coins would remain in circulation. These were the first widely circulated gold coins in US history.[citation needed]
The new quarter eagle also saw a reduction in diameter from 20 millimeters to 18.2 millimeters and a reduction in weight from 4.37 grams to 4.18 grams. The new issue was designed by William Kneass and minted in Philadelphia, Charlotte (1838–39), New Orleans (1839 only), and Dahlonega (1839 only).[4][5]
The original 1834 dated Classic Head $2.50 gold coins come in two different varieties: the "Small Head” and the “Booby Head.”[6]
About uncirculated (AU) and mint state specimens may exhibit proof-like or semi proof-like surfaces. In general, a semi proof-like surface is somewhat reflective around the devices and the edge of the coin as well as around the portrait. Coins that have not been cleaned generally show an original patina manifested with various golden, orange colors and a thick "skin". Advanced collectors seek such specimens as opposed to cleaned, shiny examples.[7]
This series is highly collectible and are relatively easy to obtain and inexpensive for an early gold U.S. coin. The astute collector/investor will seek original, problem-free examples and avoid damaged and inferior coins, regardless of the grade. It is also wise to pursue coins authenticated and graded by a leading third party grading service such as Numismatic Guaranty Corporation (NGC) or Professional Coin Grading Service (PCGS).[citation needed]
Source: Wikipedia. Article content is retrieved live through the MediaWiki API.
The Classic Head $2.50 gold coin is an American coin, also called a quarter eagle, minted from 1834 to 1839. It features Liberty on the obverse and an eagle on the reverse.
The Liberty Head double eagle or Coronet double eagle is an American twenty-dollar gold piece struck as a pattern coin in 1849, and for commerce from 1850 to 1907. It was designed by Mint of the United States Chief Engraver James B. Longacre. The largest denomination of United States coin authorized by the Mint Act of 1792 was the eagle, or ten-dollar piece. The large amount of bullion being brought east after the discovery of gold in California in the 1840s caused Congress to consider new denominations of gold coinage. The gold dollar and double eagle were the result. After considerable infighting at the Philadelphia Mint, Chief Engraver James B. Longacre designed the double eagle, and it began to be issued for commerce in 1850. Only one 1849 double eagle is known to survive and it rests in the National Numismatic Collection at the Smithsonian. The coin was immediately successful; merchants and banks used it in trade. It was struck until replaced by the Saint-Gaudens double eagle in 1907, and many were melted when President Franklin D. Roosevelt recalled gold coins from the public in 1933. Millions of double eagles were sent overseas in international transactions throughout its run to be melted or placed in bank vaults. Many of the latter have now been repatriated to feed the demand from collectors and those who desire to hold gold.
The Standing Liberty quarter is a 25-cent coin that was struck by the United States Mint from 1916 to 1930. It succeeded the Barber quarter, which had been minted since 1892. Featuring the goddess of Liberty on one side and an eagle in flight on the other, the coin was designed by American sculptor Hermon Atkins MacNeil. In 1915, Director of the Mint Robert W. Woolley began steps to replace the Barber dime, quarter, and half dollar, as he mistakenly believed that the law required new designs. MacNeil submitted a militaristic design that showed Liberty on guard against attacks. The Mint required modifications to the initial design, and MacNeil's revised version included dolphins to represent the oceans. In late 1916, Mint officials made major changes to the design without consulting MacNeil. The sculptor complained about the changes after receiving the new issue in January 1917. The Mint obtained special legislation to allow MacNeil to redesign the coin as he desired. One change made by the sculptor was the addition of a chain mail vest that covered Liberty's formerly bare breast. In circulation, the coin's date wore away quickly, and Mint engravers modified the design in 1925 to address the issue. The Standing Liberty quarter was discontinued in 1931, a year in which no quarters were struck. By Congressional act the Washington quarter, featuring the first president's profile, was introduced in 1932 to celebrate the bicentennial of his birth.
The Indian Head eagle is a $10 gold piece or eagle that was struck by the United States Mint continuously from 1907 until 1916, and then irregularly until 1933. The obverse and reverse were designed by sculptor Augustus Saint-Gaudens, originally commissioned for use on other denominations. He was suffering from cancer and did not survive to see the coins released. Beginning in 1904, President Theodore Roosevelt proposed new, more artistic designs on US coins, prompting the Mint to hire Saint-Gaudens to create them. Roosevelt and Saint-Gaudens at first considered a uniform design for the four denominations of coins which were struck in gold, but in 1907 Roosevelt decided to use a model for the obverse of the eagle that the sculptor had meant to use for the cent. For the reverse of the $10 coin, the President decided on a design featuring a standing bald eagle that had been developed for the Saint-Gaudens double eagle $20 coin, while the obverse features a left-facing bust of Liberty wearing an Indian feather headdress. The coin as sculpted by Saint-Gaudens was too high in relief for the Mint to strike readily, and it took months to modify the design so that the coin could be struck by one blow of the Mint's presses. Saint-Gaudens died on August 3, 1907, and Roosevelt insisted that the new eagle be finished and struck that month. New pieces were given to the President on August 31 which differ from the coins struck later for circulation. The omission of the motto "In God We Trust" on the new coins caused public outrage, and prompted Congress to pass a bill mandating its inclusion. Mint Chief Engraver Charles E. Barber added the words and made minor modifications to the design. The Indian Head eagle was struck regularly until 1916, and then intermittently until President Franklin Roosevelt directed the Mint to stop producing gold coins in 1933. Its termination ended the series of eagles struck for circulation begun in 1795. Many Indian Head eagles were melted by the government in the late 1930s; the 1933 issue is a particular rarity, as few were distributed.
Before the 1921 destruction of Tulsa’s Greenwood District, Black residents had created a remarkable center of business and community life. The district included stores, professional offices, entertainment venues and homes owned by Black citizens. Understanding Greenwood means learning what was built—not only what was burned.
MORE →Mae Jemison, aboard Space Shuttle Endeavour in 1992.
