New Orleans, La., April 7, 1879.
To Hon. Marcus J. Wright.
Dear Sir:—Your favor requesting a statement of the history of the New Orleans Mint, in reference to the coinage under the Confederate Government, is received. That institution was turned over by the State of Louisiana, the last of February, 1861, to the Confederate States of America, the old officers being retained and confirmed by the government, viz.: Wm. A. Elmore, Superintendent; A. J. Guyrot, Treasurer; M. F. Bonzano, M. D., Melter and Refiner; and Howard Millspaugh, Assayer. In the month of April, orders were issued by Mr. Memminger, Secretary of the Treasury, to the effect that designs for half-dollars should be submitted to him for approval. Among several sent, the one approved bore on the obverse of the coin a representation of the Goddess of Liberty, surrounded by thirteen stars, denoting the thirteen States from whence the Confederacy sprung, and on the lower rim the figures, 1861. On the reverse there is a shield with seven stars, representing the seceding States; above the shield is a liberty-cap, and entwined around it stalks of sugar cane and cotton, “Confederate States of America.” The dies were engraved by A. H. M. Peterson, Engraver and Die Sinker, who is now living in Commercial Place. They were prepared for the coining press by Conrad Schmidt, foreman of the coining room (who is still living), from which four pieces only were struck. About this period an order came from the secretary suspending operations on account of the difficulty of obtaining bullion, and the Mint was closed April 30, 1861.
Of the four pieces mentioned, one was sent to the Government, one presented to Prof. Biddle, of the University of Louisiana, one sent to Dr. E. Ames of New Orleans, the remaining one being retained by myself. Upon diligent inquiry I am unable to find but one piece besides my own, that being in the possession of a Confederate officer of this city, who transmitted it to his son as a souvenir of his father’s in the Confederate cause.
So soon as copies are made I will take pleasure in sending you a specimen for the archives you represent.
Very respectfully, your obedient servant,
B. F. TAYLOR, M. D.
Formerly Chief Coiner C. S. A.
The most notable and valuable silver coin is the dollar of 1804. It is said that the scarcity of this dollar was owing to the sinking of a China-bound vessel having on board almost the entire mintage of the 1804 dollars in lieu of the Spanish milled dollars. It is believed that there are not more than seven, possibly eight, genuine 1804 dollars extant. The rarity of the piece and the almost fabulous prices offered for it are patent facts.
Sketch of the 1804 Dollar.[16]
This coin among collectors is known as the “king of American rarities.” But seven or eight pieces are known to exist. The 1804 dollars are of two classes, to wit: first, originals, which are from but one obverse and one reverse die,—draped bust of Liberty facing right; the head bound with a fillet; hair flowing; 6 stars before and 7 behind the bust above LIBERTY, upper right hand star almost touching letter y; reverse heraldic eagle bearing on his breast a broad shield, in his beak a scroll, inscribed E Pluribus Unum; 12 arrows in right talon, a branch of olive in left; above, an arc of clouds from wing to wing of eagle; in field beneath 13 stars; UNITED STATES OF AMERICA; edge lettered ONE HUNDRED CENTS, ONE DOLLAR OR UNIT, which are lightly struck in some parts. The first specimen in the Mint Cabinet weighs 415.2 grs.; second, Mr. M. A. Stickney procured from the Mint in 1843 in exchange for other coins; third, W. S. Appleton bought, at an advance of $750, in 1868, from E. Cogan, who purchased it from W. A. Lilliendahl, who bought it at a sale of collection of J. J. Mickley, 1867, for $750; fourth, L. G. Parmelee bought, at sale of E. H. Sandford’s collection, 1874, for $700, who obtained it in 1868 from an aged lady, who got it at the Mint many years before; fifth, W. B. Wetmore bought of Mr. Parmelee, 1868, for $600, from sale of H. S. Adams’ collection, 1876, at $500, from sale of M. J. Cohen’s collection, 1875, at $325 (in fair condition); sixth, present owner unknown to us, formerly in possession of collection of Mr. Robert C. Davis, of Philadelphia, and recently sold for $1200; seventh, S. H. and H. Chapman purchased October, 1884, at a sale in Berlin, and resold to a Mr. Scott, a dealer in coins, for $1000 at their Philadelphia sale, in May, 1885.