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$20 Liberties: Lovely to Look at, Practical to Produce.

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The large, beautiful Liberty Double Eagle was created in response to the overwhelming abundance of gold caused by the Gold Rush. Designed by James B. Longacre, the obverse features a graceful Greco-Roman Lady Liberty facing left, with hair tied in a bun and curls flowing down to the base of the bust. She is wearing a coronet inscribed with “Liberty.” Thirteen stars surround the bust with the date positioned below.

Over time several design changes occurred, with Chief Engraver William Barber replacing the denomination “Twenty D” with “Twenty Dollars” in 1877, to arrive at the Type III Liberty Double Eagle. This Lady is distinctive because her more formal and regal demeanor marks the end of an era — the Saint-Gaudens Double Eagle design, which replaced the $20 Liberty design in 1907, featured a more modern and naturalistic Lady Liberty. It's hard to imagine when we look at today’s tokenized coinage that these elegant gold pieces were once used as money.

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Lady Liberty: An Iconic Image in U.S. Coin History

In the Coinage Act of 1792, Congress mandated that all American coins show, among other things, “an impression emblematic of Liberty.” Originally to have featured a profile of the President, Representative John Page argued that it was “...not the money of the President. I am certain it will be more agreeable to the citizens of the United States to see the head of Liberty on their coin than the head of Presidents.” Inspired by the Greek goddess Athena and the Roman goddess Libertas, “Lady Liberty” was born. Appearing on many coins throughout U.S. history, her representation has changed to reflect the times and culture of our nation.

Liberty Appears on the First American Coins
In her first appearance on the “Flowing Hair” Liberty Dollar, her profile is strong and youthful, her head lifted proudly as would befit the goddesses on which she was based. But Lady Liberty would change in many ways throughout the years. The very next iteration of Liberty, created by portraitist Gilbert Stuart, was based on the Philadelphia socialite Anne Willing Bingham. As exemplified in this 1798 Draped Bust Dollar Large Heraldic Eagle Reverse XF40 PCGS coin, Stuart’s “Draped Bust” design has been described as “a buxom Roman matron,” and was depicted with long, elegant tresses tied with a ribbon and bow and ample cleavage visible above a fold of drapery. France — the arbiter of fashion at the time — was in the Directoire Period, which was inspired by gowns of Greek and Roman style with a modern emphasis on sheer fabrics, revealing cuts, and daring décolleté. Though the Liberty as a Goddess theme would continue for another 200 years, this version of Lady Liberty was clearly a design of her times.

Liberty Returns to Her Roots
The “Classic Head” coins, like the 1836 $2.50 Classic Head Quarter Eagle MS64 PCGS CAC, return to Lady Liberty’s Greek and Roman roots. Based on John Reich’s design for large and half cents, Engraver William Kneass’ adaptation depicted a tousle-haired Liberty facing left, her thick and curly locks confined by a headband. Her profile is strong and has been compared to a youthful male athlete of ancient Greece rather than a female goddess. This powerful interpretation of the Lady is interesting in light of the fact “Classic Head” coins were developed to strengthen the economy and get gold back in circulation.

Liberty as Indian Princess
In the mid-19th century, Lady Liberty’s appearance began to change from classic goddess to a classic American symbol: the Indian Princess. On the $3 gold coin, first minted in 1854, Liberty wears a stylized feathered headdress such as the one featured on the 1878 $3 Indian Princess MS64. Interestingly, Chief Engraver James Longacre’s Indian Princess design was actually modeled after a Greco-Roman Venus Accroupie statue then on display in a Philadelphia museum, rather than being based on Native Americans. Longacre used this statue’s distinctive sharp-nosed profile first on his Liberty Head gold dollar of 1849 and employed it again on the $3 coin and his Indian Head cent of 1859. On the $3 coin Liberty is wearing a feathered headdress of equal-sized plumes with a band bearing “Liberty” in raised letters.

Variations on a Theme
In addition to the headdress, Lady Liberty’s headwear went through a number of other design changes as well. On several coins, including the 1896 Morgan Silver Dollar MS67 NGC CAC, she is wearing a Phrygian Cap, named after the Phrygia region of the Roman Empire, and symbolizing freedom or the pursuit of liberty. This same style of cap was referred to as the bonnet rouge in Revolutionary France, and was worn to express solidarity against the aristocrats. The cap appears atop a staff on the seal of the U.S. Department of the Navy to this day. In an interesting departure from the symbolic Goddess theme, the Morgan Silver Dollar is also notable for the representation of Lady Liberty as an American woman, based on the profile of Anna Willis Williams, a Philadelphia teacher. Williams posed reluctantly, but Morgan was impressed with her profile, stating that it was the most perfect he had seen in England or America. Certainly, her fuller face and softer features were emblematic of ideal beauty at the time. Liberty has also appeared with a crown, coronet, or tiara. On the Peace Dollars, the crown appears as rays of light, inspired by the wife of designer Anthony de Francisci, who recalled her first glimpse of the Statue of Liberty when emigrating to the United States from Italy while she posed for him.

Liberty on the Move
The Seated Liberty design was created when President Martin van Buren wanted a silver dollar to circulate in an effort address the instability of paper money brought on by massive western land speculation. Mint Director Robert Maskell Patterson was an admirer of the seated Britannia on British copper coinage, and believed that a seated female figure would be just as “emblematic of liberty” as the heads and busts adorning the nation’s coinage. He engaged the great portrait painter Thomas Sully to make sketches for his seated Liberty. On coins such as the 1872 Seated Liberty Dollar PR64 PCGS CAC, Sully portrays Liberty seated on a rock in Grecian robes, left arm supporting a Union shield with a scroll inscribed “Liberty.” Her right arm was raised and held a pole topped with a small Phrygian or Liberty Cap. She has also appeared both standing and striding, in both classical dress and proportions, and as in the case with the Sesquicentennial Quarter Eagle, with a decidedly slimmer figure and robe modeled after the fashions of the Roaring 20’s.

A Sad End for the Lady
Though her appearance has certainly changed over the years, all was well for Lady Liberty on our coins until 1890 when a bill passed Congress foreshadowing the beginning of the end. The Mint had often redesigned coins, but almost always included the figure of Liberty. The 1890 act allowed the director of the Mint, with concurrence from the secretary of the treasury, to redesign any coin as long as it then remained unchanged for at least 25 years. The director had great discretion regarding the emblem of Liberty. Over the next half of a century, Lady Liberty would disappear from our coins, replaced by heads of government. Liberty has not appeared on a circulating coin for 52 years.

Will Lady Liberty Return?
Fortunately, that may soon change. Recently, The Citizens Coinage Advisory Committee unanimously approved a resolution recommending the issuance of an American Liberty Commemorative Coinage Program including dimes, quarters, and half dollars that depict images of Lady Liberty. The program would provide an opportunity for the Mint’s artists and sculptors to use their talents to produce a wide variety of modern images of Liberty, and as the resolution says, Liberty “remains a quintessentially iconic American image.”

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Lady Liberty Through the Years

1795 Flowing Hair Dollar

Inspired by the Greek goddess Athena and the Roman goddess Libertas, this first portrayal of Lady Liberty has flowing hair to represent the freedom of the nation.

1798 Draped Bust Dollar

Elegant and mature; this version of Lady Liberty, widely attributed to popular portraitist Gilbert Stuart — the artist who created the iconic painting of George Washington —  was an attempt to elevate U.S. coinage designs to “world class” stature.

1836 $2.50 Classic Head

A strong and noble left-facing Lady Liberty, with her curly hair cascading down the back of her neck, tied by a headband inscribed with “Liberty.” Thirteen stars surround the bust, with the date below.

1872 Seated Liberty Dollar

This classic seated goddess, with a cap on a staff and shield, was viewed by Mint Director Robert Maskell Patterson as the pinnacle of America’s silver coinage at the time.

1878 $3 Indian Princess

A unique “Indian Princess” version of the Lady, wearing a headdress of feathers with a band inscribed “Liberty,” created to differentiate this coin from other gold coins of similar size.

1896 Morgan Silver Dollar

An all-American Lady Liberty, wearing a Phrygian Cap with “Liberty” inscribed in the band on her elaborately styled hair. Thirteen stars surround the bust, with the date below.

1923-S Peace Silver Dollar

A refined and youthful left-facing Lady Liberty wearing a crown with rays of light, designed to celebrate the end of World War I.

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