Louisiana Purchase Exposition Gold Dollar
To commemorate the centennial of the 1803 Louisiana Purchase, and the subsequent Lewis and Clark expedition, two World's Fairs were held: the Louisiana Purchase Exposition in St. Louis Missouri in 1904, and the Lewis and Clark Exposition in Portland Oregon in 1905. Part of the souvenirs included numismatic items, and the ANA’s proponent Farran Zerbe was at the center of promoting it. Zerbe avidly sought to popularize coin collecting through his travelling exhibit, “Money of the World.” He publicized the United States first commemorative coins – the Isabella Quarter and Columbus Half Dollar – issued for the 1893 Chicago World’s Fair.
He backed the gold dollars for the 1904 St. Louis Fair, with two versions of the medals being produced: Jefferson and McKinley. He was also placed in charge of distributing the entire mintage of Louisiana Purchase Exposition Gold coins. Zerbe spearheaded the initiative to have US gold $1 coins struck to commemorate the Lewis and Clark Exposition. He supported a commemorative with Lewis’ bust on one side, and Clark’s on the other. The appropriations bill for the Lewis and Clark Centennial Celebration was passed by Congress on April 13, 1904. It provided the mintage of 250,000 gold dollars that would bear likenesses of the two explorers. All dollars were struck at the Philadelphia Mint.
Zerbe was placed in charge of the distribution of the coins at the expostion. He enthusiastically trumpeted the coins. When sales were sluggish for the Louisiana Purchase pieces at $3 each. The Lewis and Clark dollars sold for $2 each when the fair opened on June 1, 1905. Zerbe soon raised the price to $2.50 by claiming that the 1904 issue was almost sold out.
Not satisfied with the US gold dollar as the sole numismatic commemorative of the occasion, Zerbe had private quarter and half dollar tokens struck in gold. These pieces depict Mt. Hood, and very little is known about them. It is believed that they were manufactured in Chicago and are akin to the quarter and half dollar tokens that were distributed at the St. Louis fair.
Read more about this topic: Farran Zerbe
Famous quotes containing the words louisiana, purchase, exposition, gold and/or dollar:
“I saw in Louisiana a live-oak growing,
All alone stood it and the moss hung down from the branches,
Without any companion it grew there uttering joyous leaves of dark
green,
And its look, rude, unbending, lusty, made me think of myself,
But I wonder’d how it could utter joyous leaves standing alone
there without its friend near, for I knew I could not,”
—Walt Whitman (1819–1892)
“When thou, poor Excommunicate
From all the joys of love, shalt see
The full reward and glorious fate
Which my strong faith shall purchase me,
Then curse thine own inconstancy!”
—Thomas Carew (1589–1639)
“Hard times accounted in large part for the fact that the exposition was a financial disappointment in its first year, but Sally Rand and her fan dancers accomplished what applied science had failed to do, and the exposition closed in 1934 with a net profit, which was donated to participating cultural institutions, excluding Sally Rand.”
—For the State of Illinois, U.S. public relief program (1935-1943)
“An inch of gold can not buy an inch of time.”
—Chinese proverb.
“Johnny Clay: You like money. You got a great big dollar sign there where most women have a heart. So play it smart. Stay in character and you’ll have money. Plenty of it. George’ll have it and he’ll blow it on you. Probably buy himself a five-cent cigar.
Sherry Peatty: You don’t know me very well, Johnny. I wouldn’t think of letting George throw his money away on cigars.”
—Stanley Kubrick (b. 1928)