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Sale 78
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Lot 1776
1820. Square Base 2 BD-2 Rarity 5+. PCGS graded MS-63. CAC Approved. A splendid needle sharp strike further enhanced by the frosty mint luster and sunset golden hues. A beauty! Highly lustrous choice fields with uniform satin texture and minimal surface marks. Under close inspection, the toning approaches the warm sunset shades found on the very finest such examples in museum collections, with luster the texture of the central motif is similarly fresh and robust, as made. As mentioned, this coin boldly struck with complete star centers on stars 1 through 13 without the least deviation in detail. Wide deep rim denticles on both sides provide beautiful framing for the inner design. The central devices are sharp on both sides, with Liberty's hair curls intricately defined, the crisp details also evident throughout the eagle's feathers, the stripes of the shield, legends, arrow points, and feathers, etc. Large letters reverse style with perfect Ts; a square base 2 in date. Pop 18; 15 finer, 11 in 64, 3 in 65, 1 in 66 (PCGS # 8125) .
The Year 1820: By 1820, the United States population had risen to 9,638,453; New York City's population, growing by leaps and bounds, numbered 123,000. Trade between the U.S. and England was again flourishing. Lord Liverpool told England's House of Lords that whoever wishes prosperity to England must also wish it to the U.S.
This was The Era of Good Feelings, marked by a period in the political history of the United States that reflected a sense of national purpose and a desire for unity among Americans in the aftermath of the Napoleonic Wars. The era saw the collapse of the Federalist Party and an end to the bitter partisan disputes between it and the dominant Democratic-Republican Party during the First Party System. President James Monroe endeavored to downplay partisan affiliation in making his nominations, with the ultimate goal of national unity and eliminating parties altogether from national politics. The period is so closely associated with Monroe's presidency (1817-25) and his administrative goals that his name and the era are virtually synonymous.
The designation of the period by historians as one of "good feelings" is often conveyed with irony or skepticism, since the history of the period is pockmarked with strained and divisive infighting, especially among factions within the Monroe administration and the Republican Party, along with the first true Depression in the U.S. following the Panic of 1819 that saw agricultural prices peak and then collapse almost overnight, bankrupting farmers and closing banks around the country.
Estimated Value $25,000 - 30,000.
Ex: Purchased from Abner Kreisberg in the 1970's The Del Valle Collection.
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| Realized $49,350 |
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