
“I suppose I shall be impeached for it......”
Theodore Roosevelt, Augustus Saint- Gaudens
and America’s most beautiful coin
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At the Federal Reserve Bank of New York
33 Liberty Street
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Duration
September 20, 2007 through March 31, 2008
Admission
Hours are Monday to Friday 10 a.m. to 4 p.m., Federal Reserve Bank of New York, 33 Liberty Street entrance. Access for the handicapped is provided at the 44 Maiden Lane entrance. All visitors are required to show photo ID issued by a government or official agency. All visitors will pass through a metal detector. Admission is free.
Bank tours
Call the Public Information Department at (212) 720-6130 or by e-mailing a request to FRBNYTOURS@ny.frb.org. Tours of the Bank’s gold vault are by reservation only.
Websites
Further information on the American Numismatic Society’s (ANS) full collection and library resources can be found at www. numismatics.org. Information on the ANS and its publications, as well as links to the on-line store, are also found on the website, or call (212) 571-4470 x 1306.
For further information about the Saint-Gaudens NHS visit http://www.nps.gov/saga/
The American Numismatic Society
Founded in 1858, the ANS is a non-profit museum for the preservation and study of coins, medals and paper money, representing more than 2,500 years of material culture. Its collection and library are open to the public. ANS members receive numerous benefits including free and discounted ANS publications and invitations to meetings, seminars, and receptions.
The Federal Reserve Bank of New York
The New York Fed plays a leadership role in monetary policy, financial supervision and the payments system. Working within the Federal Reserve System, the New York Fed implements monetary policy, supervises and regulates financial institutions and helps maintain the nation’s payment systems.
Saint-Gaudens National Historic Site
Saint-Gaudens NHS preserves, protects, and interprets the cultural resources historically associated with Augustus Saint-Gaudens (1848-1907). In partnership with the Saint-Gaudens Memorial, the site promotes the arts through exhibitions, special events, and programs as a living tribute to the sculptor. of the Saint-Gaudens National Historic Site.
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2007 marks not only the centenary year of both the death of Augustus Saint-Gaudens, America’s greatest sculptor of the late nineteenth and early twentieth centuries, but also the release of his revolutionary and controversial designs for the twenty- and ten-dollar gold pieces. Today these are hailed as the most beautiful coins ever produced by the United States. As works of art, the prototype designs for the double eagle ($20), struck in high relief, hold their own among the tour-deforce numismatic works produced in 5th and 4th century BC Greece. And this is exactly what was intended by the artist and his patron, the President of the United States, Theodore
Roosevelt.
The partnership of an artist and a president to create new designs for coinage was, and remains, unparalleled in American history. That the concept was the President’s own makes it all the more extraordinary, and that he was willing to flex the muscle of his office to facilitate, if not eliminate, bureaucratic intransigence is, in our new millennium, all but unfathomable to contemplate.
The exhibition at the New York Federal Reserve Bank draws together elements of all phases of this remarkable partnership and commission. The collections of the Saint-Gaudens National Historic Site, the American Numismatic Society and Rauner Special Collections Library, Dartmouth College, contain an incomparable array of material which charts virtually all phases of the commission as well as Saint Gaudens’ career as a cameo cutter, sculptor and medalist.
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*Above - Head of Liberty, with stars and LIBERTY. Plaster.
Collection of the Saint-Gaudens National Historic Site |
From his early years, Saint-Gaudens was keenly
interested in coinage and cameos. As a young man, he trained in New
York City working for a cameo workshop.
Some of his cameos illustrate the influence of the classical
numismatic prototypes that he
is known to have used as
inspiration. Examples of his
medallic work range from
private commissions for
friends, to the 1889
Washington Inaugural
Centennial (with an example
of its Renaissance prototype),
to examples of the Columbian
Exposition Award medal, including
both the accepted and rejected designs
which began Saint-Gaudens’ long standing distrust of
the United States Mint, and his disdain for Charles
Barber (the chief engraver at the U.S.
Mint 1879-1917).
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The centerpiece of the exhibition focuses on the
development of the designs for the new coinage, and concentrates on the design of Saint-Gaudens’ masterpiece, the double eagle. Correspondence with the President,
examples of Saint-Gaudens’ original pencil sketches and his sketch plasters culminate with the massive 12 inch plaster of the famed ultra-high relief, which was sent to
the US Mint.
Dovetailing with this, from the American Numismatic Society (and formerly in the collection of Saint-Gaudens’ assistant, Henry Hering) are the series of electrotypes of the ultra-high relief in production, showing the progression of the multiple strikes needed to fully bring up the detail. These were requested by Saint-Gaudens
himself. For comparison, the electrotype of the ultra-high relief hub will also be displayed.
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Other display cases exhibit some of the rejected designs for the Cent, and for Saint-Gaudens’ own preference for a standing eagle reverse for the double eagle – which ultimately graced the eagle ($10). The development of this design is shown in every stage of the production: from pencil sketch to plaster, to a full-size bronze cast, to the half-size galavano sent to the Mint for further reduction, to electrotypes of the design in three levels of relief, to its use as the reverse of the eagle.
Augustus Saint-Gaudens (a life member of the American Numismatic Society) quite literally gave some of his very last thoughts to bettering his fellow Amer icans’ coinage. The depth of Saint-Gaudens’ impact can still be felt in our pockets today, for the inventiveness and artistic integrity that he brought to American coin design, and which continued through his students: James Earle Fraser’s buffalo nickel, Adolf Weinman’s Mercury dime and walking Liberty half dollar, and finally John Flanagan’s Washington quarter, which is
still circulating today.
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