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1783-Dated Coin Identified as First Struck by the U.S. Government to Make First Public West Coast Appearance

September 1, 2017 in Antique Coins, Coin Shows, Coins, Collecting, Education, History, Numismatica, Numismatics, Opinion, Press Releases, Rare Coins, US Government, USA Coins

For immediate release
August 31, 2017

News media contact:
David McCarthy
Office: 415-435-2601
Mobile: 415-847-6305

1783-Dated Coin Identified as First Struck by the U.S. Government to Make First Public West Coast Appearance


The Plain Obverse Nova Constellatio Quint will make its first public West Coast appearance during the Long Beach Expo.

The Plain Obverse Nova Constellatio Quint will make its first public West Coast appearance during the Long Beach Expo.

(Long Beach, California) August 31, 2017 – After its showcase in August’s World’s Fair of Money, a coin that experts are hailing as the very first coin made by the United States will be displayed during the 2017 Long Beach Expo ( Long Beach, CA, September 7- 9.

This marks the first public West Coast appearance for the coin, which is now insured for $5 million.

According to researcher David McCarthy of Kagin’s, Inc., there is overwhelming evidence that this is the very first coin ever officially struck by authority of the United States government, a finding hailed by renowned coin expert and author Jeff Garrett as “one of the most exciting developments in modern numismatics.”

The coin is known as the “Plain Obverse Nova Constellatio Quint.” It was once in the hands of one of the USA’s Founding Fathers, Alexander Hamilton, and it is the historic ancestor of the dollar as well as every coin in the Western world using a decimal monetary system, according to McCarthy.

“Although the coin was discovered in 1870, it was misattributed. We now have compelling evidence that it is, ‘the first that has been struck as an American coin,’ as described in the April 2, 1783 diary entry of Founding Father Robert Morris, the government’s first Superintendent of Finance and a signer of the Declaration of Independence,” stated McCarthy.

“The Quint and a subsequent set of coins were created in Philadelphia in April of 1783 under authority of the Treasury some nine years before the next coins would be struck by the U.S. government.  It would have been valued at 500-units in a proposed system that would range from 5 to 1,000 units,” McCarthy explained.

During the 18th Century, several states and private individuals manufactured coins, but this is the first coin that was struck and paid for by the U.S. government, according to McCarthy’s research, which more than a dozen other early American coin experts support.

Following the Civil War, the coin surfaced in New York City, and passed through the hands of some of the 19th Century’s greatest collectors before entering the possession of Johns Hopkins University, where it resided until 1979.

Kagin’s acquired the coin at an auction in 2013.  McCarthy began researching it through the Journals of Continental Congress, the writings of Founding Fathers Robert Morris and Thomas Jefferson, and forensic evidence found on the coins themselves, identifying it as the coin referred to by Morris, the Nation’s first Superintendent of Finance as, “the first that has been struck as an American coin.”

The coin can been seen during the Long Beach Coin, Currency, Stamp and Sports Collectible Expo, Thursday, September 7, through Saturday, September 9. For complete show hours, visit  

Admission is $8 for adults, $4 for seniors and children aged 8 to 16; however, free admission coupons are available in advance with promo code: EXPOPR on  

        For additional information, including the schedule of events and a list of attending dealers, visit online at, call the Long Beach Expo at 888-743-9316 or email at


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Alexander Hamilton’s Place on $10 Bill More Secure Thanks to Hamilton Musical

March 18, 2016 in Bank Notes, Bureau of Engraving and Printing, Collecting, Education, Entertainment, History, Money, News, Numismatica, Numismatics, Opinion, US Government

By: Dan Holmes (Coin Update News)


The $10 bill has been the subject of much discussion lately as the Treasury gets ready to re-design the note in order to better protect it from counterfeiting. Of particular interest has been Treasury Secretary Jack Lew’s stated openness to adding a portrait of a woman to the denomination.

A spirited conversation followed the suggestion, with many commenters up in arms at the prospect of the $10 bill carrying an image of someone other than the co-author of The Federalist Papers. And when the Treasury implied that Hamilton would stay on the bill even as a woman was added,… Full article at the source>

Source: (Coin Update News)

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Which Woman Will Be on the New $10 Bill?

July 11, 2015 in Blogs, Numismatica, Numismatics

By: Nick Liberty Coin and Currency Blog

alexander hamilton $10

It’s official: in 2020, a woman will be on the $10 bill. Secretary of the Treasury Jack Lew announced that a woman would be featured either alongside Alexander Hamilton, or all on her own. Before this, the only woman to have ever been featured solo on paper currency was Martha Washington. So who will it be this time? The jury is still out.

For some time, a nonprofit organization named Women on the $20s had been advocating replacing Andrew Jackson. The organization released the results of a poll last May that asked U.S. citizens which woman should replace Jackson. Over 350,000 Full article at the source>

Source: Liberty Coin and Currency Blog

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