From
The New York Times, an
article by
Erin McCann about a new coin:
The Coin? Gold. Its 'Real Value'? Lady Liberty Is Black.
The United States Mint will release a commemorative gold coin in April of 2017 that will feature Lady Liberty as a black woman, marking the first time that she has been depicted as anything other than white on the nation’s currency.
The coin, with a hundred-dollar face value, will commemorate the 225th anniversary of the Mint’s coin production, the Mint and the Treasury Department announced on Thursday. Going on sale on 6 April 2017, it will be twenty-four karats and weigh about an ounce.
It is part of a series of commemorative coins that will be released every two years. Future ones will show Lady Liberty as Asian, Hispanic, and Indian “to reflect the cultural and ethnic diversity of the United States,” the Mint said in a statement.
The announcement comes at a pivotal cultural moment for the United States, a week away from a transfer of power, following a bruising election dominated by debates about immigration, race, and political correctness.
Lady Liberty is among the most potent of American symbols. Her best-known depiction, a gift from France in 1886, stands in New York Harbor, a giant statue of a woman with white European features beckoning with a lamp to the refugees of the world. Emma Lazarus' poem is inscribed on its base:
Not like the brazen giant of Greek fame,
With conquering limbs astride from land to land;
Here at our sea-washed, sunset gates shall stand
A mighty woman with a torch, whose flame
Is the imprisoned lightning, and her name
Mother of Exiles. From her beacon-hand
Glows world-wide welcome; her mild eyes command
The air-bridged harbor that twin cities frame.
"Keep ancient lands, your storied pomp!" cries she
With silent lips. "Give me your tired, your poor,
Your huddled masses yearning to breathe free,
The wretched refuse of your teeming shore.
Send these, the homeless, tempest-tost to me,
I lift my lamp beside the golden door!"
“Part of our intent was to honor our tradition and heritage,” Rhett Jeppson, the principal deputy director of the Mint, said in a phone interview. “But we also think it’s always worthwhile to have a conversation about liberty, and we certainly have started that conversation.”
Do not expect to see anyone spending the coins at the store. Coins like this do not circulate for everyday use, but are minted for collectors in limited quantities. There will be a hundred thousand of them with the black Lady Liberty. They will sell for far more than face value, depending on the value of gold, currently more than $1,000 an ounce.
“As we as a nation continue to evolve, so does Liberty’s representation,” Elisa Basnight, the chief of staff at the Mint, said at a presentation in Washington.
The coin’s head (what the Mint calls the obverse) was designed by Justin Kunz and engraved by Phebe Hemphill, and it shows a profile of Lady Liberty with a crown of stars that holds back her hair. The tail (the reverse, in Mint lingo), shows an eagle in flight. Jeppson said that several women had approached him after seeing the coin and told him, “she looks like me when I was younger.” “I saw real value in that,” he said. “That we see ourselves in the images in our coins.”
The Mint is expecting the coin to sell well, Jeppson said. Any profit the Mint generates from the sale of its coins is returned to the Treasury. Last year, the Mint sent about six hundred million dollars back to the Federal government, Jeppson said.
In addition to the hundred thousand gold coins— more than is typical for this sort of commemorative coin — that will be printed at West Point, the Mint will also produce 100,000 of what it calls medals, silver reproductions of the image that will sell for around forty to fifty dollars.
“The silver medals will be done at Philadelphia, because that is the birthplace of the Mint,” Jeppson said.
The Coinage Act of 1792 established the Mint, and it also mandated that any coins produced include an image of “liberty” as well as an inscription of the word. Since then, the idea has appeared in many forms on American currency, both circulated and collectible, most often as the feminine Lady Liberty. “When you look at the very first coins that we produced, they had a crazy-haired Liberty on there,” Jeppson said.
These coins are already in production. The next ones in the series are in the planning stage. Rough guidelines are given to sets of artists and sculptors, some of whom are staff at the Mint and others who are part of a pool, as Kunz was. Their work is then shared with the members of two commissions— one a group of citizen advisers and one a fine arts commission— who make recommendations on the final design for the coin. “It’s difficult for us to say what future coins will look like until we get there,” Jeppson said.
All American coins embody the idea of liberty, in keeping with the Mint’s 225-year mandate. But the new coin is what Jeppson called an “allegorical liberty”, meaning Lady Liberty does not represent a specific figure from history.
Women, in generic depictions or historic ones, have been underrepresented on American currency. The suffrage leader Susan B. Anthony appeared on dollar coins from 1979 to 1981, and Helen Keller, the author and activist, appeared on the reverse image of the Alabama state quarter in 2003. Sacagawea, the Shoshone guide who led Lewis and Clark to the West Coast, appeared on a dollar coin that has been minted since 2000:
Last year, after a public campaign to put a woman on the ten-dollar bill, the Treasury secretary, Jacob J. Lew, announced a broad remaking of the nation’s paper currency— the bills that, unlike a hundred-dollar coin, circulate among many Americans every day.
Harriet Tubman, the abolitionist and former slave, will appear on the twenty-dollar bill, and women and civil rights leaders will be added to the five and ten dollae bills.
Collectors expect the black Lady Liberty coin to be popular. Whenever the Mint does something new, it creates buzz, said Gilles Bransbourg, a curator with the American Numismatic Society and a research associate at New York University.“It’s departing from any of the coins that have been produced so far,” he said. “It sends a strong message that the Mint is departing from the tradition that will be perceived as very white.” The Mint’s recent commemorative productions have occasionally featured nonwhite characters, he said, pointing to a 2006 gold series that revived the popular “Indian head” nickel of the early twentieth century. It shows an American Indian whose face is believed to be a combination of three different men who sat for its designer.
Symbolism aside, the new Lady Liberty coin is “really beautiful”, said Jeff Garrett, the president of the American Numismatic Association, who saw the coin several months ago. “It’s struck in high relief, which means the high points are much higher than circulating coinage. I’ll buy one for sure,” he said. “I’ll probably buy several.”
Rico says he owes his black friend
Kema one when he can afford it... (But we should take the poem off the
Statue of Liberty; we do
not want any more huddled masses, thank you.)
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