Choice
and Rare 1799 Set - 1799 Early Gold Set
1799 Large Cent - 1799
Silver Dollar - 1799 Half Eagle - 1799 Eagle
1794 Half Dime
1794
Flowing Hair Half 10c NGC MS62 CAC. COL. GREEN PEDIGREE.
Only 4 coins in MS-62 have been approved by CAC as of 6-24-2015.
Stunning and rare, top pedigree.
1799
Large Cent
The
coin, designed by Robert Scot, shows Liberty in profile
facing right with the date below. Above her head is the
word LIBERTY. Her hair is tied back with a ribbon, and it
flows down her neck and behind her shoulders. The bust is
strangely draped for a classical design, which was Scott’s
goal. Dentils are at the periphery of both sides of the
coin. The reverse shows a wreath of two olive branches tied
with a ribbon on the bottom.
Enclosed in the wreath is the denomination,
ONE CENT, written on two lines. At the bottom of the wreath
is the fraction 1/100. Encircling the wreath is the legend
UNITED STATES OF AMERICA. There is edge lettering that says
ONE HUNDRED FOR A DOLLAR, which is visible in the new NGC
holder.
In July 1796 there was a change made from
Liberty Caps to Draped Busts. Scot, the Engraver, made a
new die copying Gilbert Stuart’s drawing that was
previously used for the Draped Bust silver coins. His assistant,
Adam Eckfeldt, made a punch to make nineteen obverses to
have this date. Other dies were made with the 179 already
in and the final number available to be used for 1797, 1798,
and 1799.
There were several reasons that caused the
cents of these early years to be of lesser overall quality.
Mint work had to be suspended from mid-summer to late in
the fall because of the annual yellow fever epidemic. Each
winter the old stored dies were put back into service.
Often they were rusted and chipped, and
these imperfections showed on the coins they produced. A
die chip is seen on the current coin. Planchets were imported
from England because the local manufacturing companies were
not able to produce ones of high quality.
Mint Director Boudinot gave Boulton &
Watt, a British firm, his planchet orders because the locally
produced planchets were more expensive and inferior. However,
the ones used in 1799 came from Coltman Brothers, an American
company. Mint records call them “black copper”
because they were dark and rapidly deteriorated.
In addition to inferior materials to work
with, Mint personnel also lived with the anxiety that their
jobs would end because of the possible abolition of the
Mint as a United States enterprise. Inexplicably, later
die steel improved which enabled the dies to last longer.
Hence more quality pieces are known after 1801.
All 1799 Large Cents are rare and in demand
by date collectors and investors.
1799 Silver Dollar
Before
the Revolutionary War, coins from many European nations
circulated freely in the American colonies along with decimal
coinage issued by the various colonies. The most prominent
among these were the Spanish silver dollar coins (also called
pieces of eight or eight reales) minted in Mexico and other
colonies of Spain with silver mined from Central and South
America. These coins, along with others of similar size
and value, were in use throughout the colonies. They remained
legal tender in the United States until 1857. The dollar
was intended to replace the Spanish, English, Dutch and
French coins that dominated the commerce of the Confederation
era. It was authorized on April 2, 1792 in an act that also
created the United States Mint and our nation’s coinage.
Because it was the Unit, the silver dollar was the most
important coin created and the basis of the nation’s
monetary system. All other coins struck, and all paper money
as well, are either fractional parts of or multiples of
the dollar. The dollar was to be .8924 fine and weigh 416
grains.
The early silver dollars were minted from
1794 until 1804. The denomination was on the edge. Beginning
in 1836, when the minting of dollars resumed, the denomination
was placed on the coin’s reverse and the edge was
either plain or reeded. In January, 1837 the fineness and
the weight was changed. The former became .900 and the latter
412.5 grains. Coinage of “regular” dollars was
suspended between 1874 and 1877. During this time Trade
Dollars were issued, which were made to circulate in the
Orient.
The origin of the word dollar is from the
German thaler. It was a large European silver coin that
substituted for the gold florin in 1484. During the sixteenth
century these coins became very popular in Europe. Other
countries struck similar coins. With the discovery of large
quantities of silver in Mexico and South America, the Spanish
dollar was struck in great numbers. These pieces of eight
circulated in the British American colonies.
On July 6, 1785, the dollar became the standard
unit of the monetary system of the United States. The first
of them, the Flowing Hair dollars of 1794-95, portrayed
Liberty looking up and to the right with loose hair behind.
The eagle on the reverse looked not much like an eagle.
It was perched in a wreath with its head turned to the right.
Later in 1795, while keeping the Small Eagle reverse, a
new Draped Bust obverse coin was issued. This combination
was minted until 1798. In that year, the Draped Bust obverse
was combined with a new reverse, the Heraldic Eagle. The
change to the Heraldic Eagle reverse was done to be in accord
with the standard European practice of placing a coat of
arms on a reverse of a coin. The gold and silver coins followed
Scot’s heraldic eagle design.
In 1798 the Mint struck 327,356 dollars
but did not record how many of each type were made. The
next year, 423,515 Heraldic Eagle dollars were struck. The
unexpected side effect of the large mintage of these two
years was that many dollars were sent to China to pay for
imported goods. They were also sent to the West Indies and
were exchanged for Spanish dollars. Some of the silver dollars
sent to the West Indies returned, but those sent to China
rarely did.
During this time period, a silver dollar
was a significant amount of money, and most people never
saw them. Generally silver dollars were used for large commercial
transactions and occasionally for private ones. In those
times, one day’s pay for a skilled laborer was one
dollar.
There are several varieties of Draped Bust
Large Eagle dollars. The 1798 and 1799 dollars have minor
obverse differences such as knobbed or pointed 9’s
or wide or close dates. One reverse die had ten arrows instead
of thirteen. There was an overdate, the 1799/8. Also one
1799 had a fifteen star reverse. The 1800 had several varieties
as well. These include a dotted date, one with twelve arrows,
and the famous AMERICAI stray punch. The 1801 proof dollar
was a restrike. Only two are known. The 1802 dollar had
two versions of 2 over 1, wide and narrow dates and a proof
restrike of which only four are known. The 1803 dollar had
large and small 3’s and a proof restrike of which
only four are known. The famed 1804 dollar was struck between
1834 and 1835. There are eight originals and seven restrikes.
Some researchers feel that Gilbert Stuart,
the famous portrait artist, was hired by Mint Director Henry
DeSaussure to create the obverse design. It is said to be
based on a drawing of Mrs. William Bingham, the former Ann
Willing. Evidently John Eckstein, an assistant to Scot,
made the plaster models poorly, which might explain why
Stuart’s family refused to acknowledge his role in
the coinage design. Another theory is that the design is
based on a portrait of Martha Washington. In any case, the
Draped Bust dollar portrait was and is considered one of
the finest made. It remained in use until the end of circulating
dollar coinage in 1803 and was also used on other denominations
from the half cent to the half dollar.
The new reverse was first used by Robert
Scot on the 1796 gold quarter eagle. It is an adaptation
of the Great Seal of the United States of America; however,
Scot reversed the arrows and olive branch. On the coin the
eagle holds the arrows in its right talon, the opposite
of the placement on the Great Seal. Perhaps the placement
of the arrows was a warning to France, who was seizing American
ships that were trading with Britain and to other world
powers to be respectful of the sovereignty of the United
States.
The design shows a draped bust of Liberty
in profile facing right. Above is LIBERTY, and below is
the date. Liberty’s hair is tied in the back with
a ribbon and also flows down over her right shoulder. Seven
six-pointed stars are to the left and six are to the right.
The heraldic eagle reverse shows the eagle with up stretched
wings and a Union shield on its breast. A banner inscribed
E PLURIBUS UNUM curls across the left wing and under the
right. The inscription UNITED STATES OF AMERICA, interrupted
by the wing tips, is in an arc near the periphery. Thirteen
stars are above the eagle’s head under the clouds
in an arc pattern. Dentils are near the edge on both sides
of the coin. The edge is lettered HUNDRED CENTS ONE DOLLAR
OR UNIT with ornamentation between the words.
Full details are rarely seen on the dollars
of 1798 to 1804. Weakness is often seen on the obverse on
centers of the stars, the highest point of the hair, and
the lines of the drapery. On the reverse the weak parts
are often the shield, the feathers, the stars and the clouds.
Dentils are often weak, and adjustment marks are frequently
found on either side. Overweight coins were often adjusted
by filing one side or the other. This adjustment process
took place both before and after striking.
1799/8 Silver Dollar, 13 Reverse
Stars
This
lightly toned, early 1799/8 Draped Bust dollar
has surfaces are original and clean for the grade. They
are a mixture of light silver-gray and light blue with touches
of green. Sufficient separation exists in the lines of Liberty’s
hair and drapery to confirm the grade. The strike is typically
uneven with more details including full dentils at the top
of the obverse and the bottom of the reverse. In its population
report, PCGS shows 3 BB-142 dollars in AU50 condition with
3 better. CAC does not distinguish its Draped Bust dollar
population by die variety.
Before the Revolutionary War, coins from
many European nations circulated freely in the American
colonies along with decimal coinage issued by the various
colonies. Chief among these was the Spanish silver dollar
coins (also called pieces of eight or eight reales) minted
in Mexico and other colonies with silver mined from Central
and South American mines. These coins, along with others
of similar size and value, were in use throughout the colonies.
They remained legal tender in the United States until 1857.
The dollar was intended to replace the Spanish, English,
Dutch and French coins that dominated the commerce of the
Confederation era. It was authorized on April 2, 1792 in
an act that also created the United States Mint and our
nation’s coinage. Because it was the Unit, the silver
dollar was the most important coin created and the basis
of the nation’s monetary system. All other coins struck,
and all paper money as well, are either fractional parts
or multiples of the dollar.
In 1794 the Engraver, Robert Scot made dies
for the cent, half dollar, and the dollar coins. Since there
was no standardized hubbing, individual punches were used
for numbers, letters, the stars, and leaf punches. The edge
was lettered with decorative designs in between the words.
On the first dollar, the Flowing Hair (1794-1795),
Liberty is facing right with her hair untied. A small, unrealistic
eagle in a wreath adorns the reverse. The next design, the
Draped Bust, Small Eagle (1795-1798) shows a new portrait
of Liberty with her hair tied with a ribbon and drapery
around her bosom. The reverse was similar to the previous
issue except that the wreath changed from laurel to laurel
on the left and palm on the right. The third motif, the
Draped Bust, Heraldic Eagle Reverse (1798-1804) was the
most enduring design of the series.
The 1799 silver dollar is the second Draped
Bust type. It was made from 1798 to 1804. The design shows
a draped bust of Liberty facing right. Above is LIBERTY,
and below is the date. Seven six-pointed stars are to the
left and six are to the right. The portrait, taken from
a drawing by the famous artist Gilbert Stuart, is of Ann
Bingham. John Eckstein translated this drawing to models
for Engraver Robert Scot. Evidently Eckstein made the models
poorly, which might explain why Stuart’s family refused
to acknowledge his role in the coinage design. The heraldic
eagle reverse shows the eagle with up stretched wings and
a Union shield on its breast. A banner inscribed E PLURIBUS
UNUM curls across the left wing and under the right. Except
for the wing tips that interrupt it, the inscription UNITED
STATES OF AMERICA is in an arc near the periphery. Thirteen
stars are above the eagle’s head under the clouds
in an arc pattern. Dentils are near the edge on both sides
of the coin, and the edge is lettered.
In what some have called colossal design
blunder, Robert Scot placed the arrows in the wrong talon.
On the left side, the eagle’s right talon, arrows
symbolize aggressive militarism. They should have been placed
in the left talon with the olive branch in the right. If
this rearrangement was unintentional, it shows a new, inexperienced
country that can’t even get its symbolism correct.
If this was a deliberate rearrangement, it shows a young
country taking an aggressive stance during a time of conflict.
In 1799 the country was engaged with France in an undeclared
naval war. Perhaps this symbolism was being used to make
a statement to France and others about the sovereignty of
the United States. Except for its edge lettering, the coin
has no denomination-- something that might appear as a sign
of ineptitude on the part of early Mint employees to someone
familiar with United States coinage of the 21st century.
The omission was intentional, however, since United States
coinage was new to the world market of the 18th century
and the term “dollar” would have been unfamiliar
to merchants of the day. Like European coinage of the time,
silver and gold pieces were valued by their weight and fineness
so the denomination was largely irrelevant.
Thomas Jefferson chose Robert Scot to be
the first Chief Engraver of the United States Mint on November
23, 1793. Scot was born in 1744 in Edinburgh, Scotland or
England. (Documentary evidence is lacking as to where he
was born.) He was trained as a watchmaker in England and
learned engraving afterwards. He moved to the United States
in 1777, where he worked as an engraver of plates, bills
of exchange, and office scales. During the Revolution, he
was an engraver of paper money. In 1780 he was made the
State Engraver of Virginia. He moved to Philadelphia the
next year. He was appointed Chief Engraver of the United
States Mint on November 23, 1793 by David Rittenhouse, Mint
Director. His salary in 1795 was $1,200 per year. The Mint
Director received only $800 dollars per year more. Scot’s
ability to make dies was limited, and he was advanced in
years with failing eyesight. His work was somewhat less
than that done in Europe at the time, and Scot was criticized
for its poor quality. He was responsible for designs of
most of America’s first coins. These include the Flowing
Hair and the Draped Bust motifs used on the early silver
coins, and the gold quarter eagle, half eagle and eagle
Capped Busts. Scot also designed the 1794-1797 half cent,
the 1800-1808 draped bust half cent, and the Thomas Jefferson
Indian Peace Medal. Scot died on November 1, 1823 and was
succeeded by William Kneass as Chief Engraver.
The early mint had several problems. At
the end of the eighteenth century Philadelphia had recovered
from the British occupation and the Revolutionary War. It
was the second largest city in the English-speaking world,
but it could do nothing to protect its citizens from the
mosquito-borne epidemic of yellow fever. Its wealthy citizens
went to the countryside to escape, and the poor grimly waited
their fate. Of course these annual epidemics caused havoc
with all manufacturing that required continuity, such as
a coinage sequence. A second problem was that the Chief
Coiner and Assayer were not wealthy men. Only copper coins
were made until 1794 because neither Henry Voigt nor Albion
Cox had the funds to post the $10,000 bond necessary to
use precious metals. Congress also considered not allowing
them to make copper coinage for the same reason. In addition
other problems caused chaos at the Mint. There were chronic
bullion shortages, coin dies that would wear out and had
to be re-engraved because they were not taken out of production
until they failed completely, difficulty rolling sheets
for planchets, and a Chief Engraver, Robert Scot, who was
in his seventies and had failing eyesight.
The Draped Bust, Heraldic Eagle series had
several varieties. The BB-142 is identified by the last
9 punched over the previous 8. It is the only overdate die
for the year. The last 9 is almost touching the bust, and
the stars are close together. The letters of LIBERTY are
widely spaced, and there are die flaws under ERTY. This
obverse was combined with three reverse dies. The reverse
of the BB-142 has 13 stars above the eagle. A leaf points
to the center of the I in AMERICA. Star 12 touches the eagle’s
lower beak. The ray of that star points to the left outside
of the U in PLURIBUS. The U is usually weakly struck. The
far right of the A in STATES is above the junction between
Clouds 3 and 4. The first A in AMERICA touches Feathers
3 and 4. The die is cracked and scaled between the R and
I in AMERICA and above the right of the T in STATES. There
is also a prominent die crack from the S in STATES to the
top of the O in OF. The reverse die was only used for the
BB-142 variety.
1799 Half Eagle - Small Stars Reverse
The
obverse design shows Liberty facing right. Below her is
the date which is off center to the left. Between the date
and the word LIBERTY on the left side of the coin are eight
stars. Five stars follow LIBERTY down to the bust. Liberty
wears a large, soft cap. Her hair flows down and also shows
on her forehead. The design was probably taken from a Roman
engraving of a Greek goddess. Liberty’s cap was certainly
not a Phrygian or liberty cap. The liberty cap, emblematic
of freedom, was worn by freed slaves and freed gladiators
in Roman times. It was a close fitting cap used to cover
a shorn head, which was one of the way slaves were identified.
The oversized cap worn by Liberty has been called a turban,
and the design has been called the Turban Head because of
it.
The reverse shows a heraldic eagle. However,
Scott mixed up the positions of the arrows and olive branch.
The arrows held in the wrong claw signify defiant militarism.
Either Scott made an error copying the image of the Great
Seal, or he deliberately changed the symbolism. Perhaps
the design was a warning to France, with whom the United
States was engaged in an undeclared naval war, and others
to be mindful of the new country’s sovereignty. In
the field above the eagle are thirteen stars and above them,
seven clouds. A banner from wing to wing has the motto E
PLURIBUS UNUM.
The early half eagle coins have no denomination
because gold was valued by its weight and fineness as was
the European coinage of the time. As seen on contemporary
Large Cents, dentils are at the edge of both the obverse
and reverse of these coins.
Thomas Jefferson chose Robert Scot to be
the first Chief Engraver of the United States Mint on November
23, 1793. Scott was born in 1744 in Edinburgh, Scotland
or England. (Documentary evidence is lacking as to where
he was born.) He was trained as a watchmaker in England
and learned engraving afterwards. He moved to the United
States in 1777, where he worked as an engraver of plates,
bills of exchange, and office scales. During the Revolution,
he was an engraver of paper money. In 1780 he was made the
State Engraver of Virginia. He moved to Philadelphia the
next year. He was appointed Chief Engraver of the United
States Mint on November 23, 1793 by David Rittenhouse, Mint
Director. His salary in 1795 was 1,200 per year.
The Mint Director received only $800 dollars
per year more. Scot’s ability to make dies was limited,
and he was advanced in years with failing eyesight. His
work was somewhat less than that done in Europe at the time,
and Scot was criticized for its poor quality. He was responsible
for designs of most of America’s first coins. These
include the Flowing Hair and the Draped Bust motifs used
on the early silver coins, and the gold quarter eagle, half
eagle and eagle. Scot also designed the 1794-1797 half cent,
the 1800-1808 draped bust half cent, and the Thomas Jefferson
Indian Peace Medal. Scot died on November 1, 1823 and was
succeeded by William Kneass as Chief Engraver.
The 1799 half eagle had a mintage of 7,451,
which includes both large and small reverse stars varieties.
In its population report, NGC shows 2 in AU55 condition
with 14 better. CAC as of May, 2011 has 1 in AU55, the present
coin, and 2 higher. Clearly this is a good coin that’s
sought after now and has the potential of being even more
in demand as interest increases in early gold issues.
1799 Half Eagle - Large Stars Reverse
This
rare, Large Reverse Stars 1799 Half Eagle
has some shimmering, original mint luster peeking out from
within protected areas on both sides of the coin. Light
yellow gold mixes with shades of orange gold and dark gold
at the rims. These colors prove the coin’s originality.
The surfaces are clean for the grade with no individual
abrasion marks worthy of individual description. The obverse
is perfect, but it is combined with a reverse shows at least
six die cracks that converge in the center indicating a
dramatic, terminal die state. The strike is above average
for the date and type. Three of the obverse stars are well
struck as is Liberty’s hair. The same is true for
the upper part of the shield, the eagle’s upper right
wing and the central and right side clouds.
Robert Scot designed the Capped Bust to
Right, Heraldic Eagle Reverse half eagle. The obverse design
shows a profile of Liberty facing right. Below her is the
date which is off center to the left. Between the date and
the word LIBERTY on the left side of the coin are 8 stars.
Another 5 stars follow LIBERTY down to the bust. Liberty
wears a large, soft cap. Her hair flows down and also shows
on her forehead. The design was probably taken from a Roman
engraving of a Greek goddess. Liberty’s cap was certainly
not a Phrygian or liberty cap. The liberty cap, emblematic
of freedom, was worn by freed slaves and freed gladiators
in Roman times. It was a close fitting cap used to cover
a shorn head, which was one of the ways slaves were identified.
Because of the way Liberty’s hair strands wrap around
it, the oversized cap has been called a turban, and the
design has been called the Turban Head because of it.
The reverse shows a heraldic eagle. However,
Scot mixed up the positions of the arrows and olive branch.
The arrows held in the wrong claw signify defiant militarism.
Either Scot made an error copying the image of the Great
Seal, or he deliberately changed the symbolism in keeping
with very warlike stance. Considering that the United States
at this time was engaged in a naval war with France (the
undeclared Franco-American War of 1798 to 1800, which took
place on the East coast of North America and the Caribbean
and resulted in the end of French privateer attacks on U.S.
shipping), the latter is probably more likely. The French
would be especially sensitive to a message within the heraldry,
and the young United States was brash in that they had just
defeated the super power, England in gaining independence.
In the field above the eagle are thirteen stars and above
them, an arc of clouds. A banner from wing to wing has the
motto E PLURIBUS UNUM.
Thomas Jefferson chose Scot to be the first
Chief Engraver of the United States Mint on November 23,
1793. Scot was born in 1744 in Edinburgh, Scotland or England.
(Documentary evidence is lacking as to where he was born.)
He was trained as a watchmaker in England and learned engraving
afterwards. He moved to the United States in 1777, where
he worked as an engraver of plates, bills of exchange, and
office scales. During the Revolution, he was an engraver
of paper money. In 1780 he was made the State Engraver of
Virginia. He moved to Philadelphia the next year. He was
appointed Chief Engraver of the United States Mint on November
23, 1793 by David Rittenhouse, Mint Director. His salary
in 1795 was $1,200 per year. The Mint Director received
only $800 dollars per year more. Scot’s ability to
make dies was limited, and in his advanced years he had
failing eyesight. His work was somewhat less than that done
in Europe at the time, and Scot was criticized for its poor
quality. He was responsible for designs of most of America’s
first coins. These include the Flowing Hair and the Draped
Bust motifs used on early silver coins and the Capped Bust
gold coins. Scot also designed the 1794-1797 half-cent,
the 1800-1808 draped bust half-cent, and the Thomas Jefferson
Indian Peace Medal. He died on November 1, 1823 and was
succeeded by William Kneass as Chief Engraver.
The early Mint in Philadelphia had many
challenges. Conditions were poor even at times chaotic.
Each of the specialists, the designers, engravers, and press
operators were men who had previously worked in other fields.
Coin manufacturing was a new trade for them. Production
was sporadic. For the new Mint to coin each of the mandated
denominations, it took four years. This delay was partly
because of inexperience and governmental obstacles. Bonds
that were unrealistically high were impediments to engravers
working with precious metals. Congress was not united on
the need for a government mint since private and foreign
coinage seemed to work. Because of the non-existent or low
production numbers in the early years of the Mint, foreign
copper, silver and gold circulated along with American made
coins for many years until they were later demonetized.
Record keeping in the Mint’s early
years was fairly inaccurate. At the end of the eighteenth
century Philadelphia had recovered from the British occupation
and Revolutionary War. It was the second largest city in
the English-speaking world, but it could do nothing to protect
its citizens from the mosquito-borne epidemic of yellow
fever. Its wealthy citizens went to the countryside to escape,
and the poor grimly waited their fate. Of course these annual
epidemics caused havoc with all manufacturing that required
continuity, such as a coinage sequence. The Mint shut operations
during the late summer and early fall every year. In addition
to yellow fever, disorder at the Mint was also caused by
chronic bullion shortages and coin dies that would wear
out and had to be re-engraved because they were not taken
out of production until they failed completely. Often dies
were locked up and later taken out of storage without great
attention and care. There was also a jealous Chief Engraver,
Robert Scot, who was in his seventies and had failing eyesight.
In its population report, NGC shows 3 1799
half eagles certified at the AU53 grade level; however,
they do not distinguish these half eagles by die variety.
There were nine different varieties of the low mintage 1799
half eagle, and all of them are rare to extremely rare.
It is estimated that only 14 to 18 examples of this variety
exist in all grades and certainly the present example is
one of the best.
1799 Eagle
For
the obverse of the eagle, Robert Scot used a matronly bust
of Liberty facing right. She wears a large, soft cap high
on her head. Her hair puffs out from under it and falls
to her shoulder. One heavy strand is wound around the hat,
giving a turban-like appearance. LIBERTY is at the upper
right with eight six-pointed stars to the left and five
to the right. The date is below the truncation. The reverse
shows a large heraldic eagle as its main device.
The eagle holds in its right talon a bundle
of arrows and an olive branch in its left. Across the right
wing and neck is a ribbon that is inscribed with the motto
E PLURIBUS UNUM. A galaxy of stars is above the eagle’s
head with clouds above the stars. The whole is partially
enclosed with the required inscription UNITED STATES OF
AMERICA. Dentils surround the coin on both sides, and the
edge is reeded.
Much has been made of Liberty’s cap
being a Phrygian cap. However, a true Phrygian or liberty
cap was a close fitting cap worn by freed slaves. It was
emblematic of freedom because the heads of slaves and gladiators
were usually shorn. Certainly the cap Liberty wears in the
eagle is not such a cap; however, it is reminiscent of caps
worn by fashionable ladies of the times.
The use of the heraldry on the reverse has
been questioned. Breen suggests that it was either a blunder
or a “piece of stupid saber-rattling bravado”
because the arrows are in the war-like eagle’s dexter
claw. On The Great Seal of the United States, Scot’s
source, the arrows are in the eagle’s sinister claw.
However, Breen fails to recognize that the United States
was engaged with France in an undeclared naval war (The
Franco-American War, also called the Quasi-War, took place
from 1798 to 1800.) It was important for the United States
to assert its sovereignty, and this war may have been the
reason for the change in symbolism.
Neither the half eagle nor the eagles of
1799 have a denomination on the coin. Gold coins were valued
by their weight and fineness as they were in Europe; consequently,
the denomination was actually irrelevant.
Robert Scot was appointed the first Chief
Engraver of the United State Mint on November 23, 1793.
He was criticized in his own time and later for the relatively
poor quality of his designs, especially compared to those
made in Europe. Thomas Jefferson had chosen Scot to be the
Engraver under authority granted by Congress. The Constitution,
adopted in 1789, gave Congress the right to coin and to
regulate money. Both Jefferson and Hamilton argued in favor
of a federal mint to coin money for the new country. Scot
was appointed out of necessity. He had been an engraver
of paper money during the Revolutionary period, but his
ability to work as a die sinker was limited. He was advanced
in years and his eye sight was failing. He worked to the
best of his ability and designed gold, silver, and copper
coins. However, his inability to equal or surpass the European
standards made his job a target. Unfortunately at the time,
there was no one more qualified. Congress did not want to
contract the die-making to a European firm, and so Scot
remained the Engraver.