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CoinFacts "COIN OF THE WEEK" - February 3, 2002

Obverse of (1759) Martha Washington Quarter Dollar     Reverse of (1759) Martha Washington Quarter Dollar


(1759) MARTHA WASHINGTON "QUARTER DOLLAR"

Reference numbers: Pollock 2082

Obverse:
Head of Martha Washington

Reverse:
View of Mount Vernon

Rarity: Unique

Designer:
Obverse by Edward R. Grove
Reverse by Philip Fowler

Diameter: ±24.3 millimeters

Metal content:
Outer layers - 75% Copper, 25% Nickel
Center - 100% Copper

Weight: ±88 grains (±5.7 grams)

Edge: Reeded

Images courtesy of Byers Numismatic Corp.

Notes:
Dies with images of Martha Washington and Mount Vernon were first used circa 1965 to strike a group of experimental pieces testing a variety of metal alloys.  Mint officials claim that all of the 1965 experimental pieces were either destroyed or otherwise accounted for.  Until 2000, the only examples known were three sets of Martha Washington "Dimes", Quarter Dollars", and "Half Dollars" embedded in Lucite and given to Congress, the Mint Director and the Smithsonian Institution.  A fourth set was mutilated for metallurgical testing.

Thus, the numismatic market was shocked when, in 2000, some interesting coins began appearing on the market.

In April 10, 2000, Paul Gilkes of Coin World reported the discovery of a Martha Washington Dime, explaining its existence by noting that "The Martha Washington/Mount Vernon dies were most recently used during metallurgical die trial testing for the Sacagawea dollar".

Around July 2000, a poorly struck, slightly off-center, uniface Martha Washington "Cent" appeared on the market.

In February 2002, nice examples of the Martha Washington "Cent" and "Quarter Dollar" appeared on the market (both of the recently discovered Martha Washington "Cents" were struck on copper-coated zinc planchets of the type used on Lincoln Cents beginning in 1982).

In addition, Douglas Mudd of the Smithsonian Institution photographed a Martha Washington "Dollar" (struck in 1999 on a "Golden Dollar" planchet meant for the Sacagawea Dollar) before returning the coin to either the U.S. Mint or the vendor that produced it.  The U.S. Mint conducted metallurgical tests in 1999 on the golden colored manganese-clad planchets which would later be used for the Sacagawea Dollar.

For the first time, the U.S. Mint included representatives from Industry because the new Sacagawea Dollar would have to be completely interchangeable with the existing SBA Dollar. The electromagnetic fingerprint had to be identical. All of the metals combined changed the alloy's electromagnetic properties. Many tests were conducted including those at IDX Inc., Olin Brass and PMX Industries.

In another Coin World article on July 16th, 2001, James Halsey, President of IDX Inc. was interviewed. IDX Inc. is one of the firms contracted by the U.S. Mint to test prototypes. Mr. Halsey said "numerous samples in different alloys bearing the Martha Washington obverse and Mt. Vernon reverse dies - special designs used for experimental coinage - were shipped to IDX Inc. for testing. Some of the packages were insured for as high as $250,000, with the recipients required to return any and all pieces supplied by the Mint for tests."

Two other firms under contract by the U.S. Mint include Olin Brass and PMX Industries. Both of these companies supply the U.S. Mint with the manganese-clad strips from which the Sacagawea Dollars are struck. Olin Brass is a leading U.S. copper alloy producer and is located in East Alton, Illinois. PMX Industries is located in Cedar Rapids, Iowa.

Sources and/or recommended reading:
Coin World, April 10, 2000

Coin World, July 16, 2001

Byers Numismatic Corp. website at http://www.byersnc.com/

Eagle Numismatics website at www.coinmaven.com/martha.html

 

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