The following Q&A is excerpted from Clifford Mishler’s Coins: Questions & Answers: Q: Is collecting any type of coin a good investment? A: No! The hobby collector—be it of coins, back-scratchers, or Bavarian beer mugs—is occasionally persuaded to purchase by impulse or sentiment. Indulging frequent lapses into irrationality is part of the fun of maintaining a hobby. But the strictly … [Read More...]
A rare and valuable assemblage of US Mint collectibles owned by the Eckfeldt Family will be the centerpiece of a special exhibit at the Whitman Coin & Collectibles Expo held at the Baltimore Convention Center from October 30 to November 2, 2014.
Included among the remarkable coins, medals, and documents to be displayed are the following:
- An 1803 Eagle graded NGC MS 61
- An 1839 Medal (NGC PF 62 Cameo) honoring Adam Eckfedlt (1769-1852) on his retirement as Chief Coiner (Julian MT-18a)
- A 1925 51mm gold medal (NGC PF 66) struck to honor Adam’s grandson Jacob Bausch Eckfeldt (1846-1938)
- A second, rectangular medal created to honor Jacob Eckfeldt on his retirement in 1930 (NGC PF 67)
- Signed appointment documents by Presidents Madison, Monroe, Jackson, and Arthur
The Eckfeldt family helped shape the coinage of the United States before the country even existed and went on to hold key positions at the United States Mint for 137 years under no less than 31 American Presidents. During this time the family would maintain their own archive of coins, medals, and documents, which would form the basis of the Eckfeldt Collection.
In 1783, John Jacob Eckfeldt made dies for coins to be issued for coins authorized under the Articles of Confederation. He would late become a contractor to the Mint of North America and the first United States Mint.
Jacob’s son, Adam Eckfeldt would be even more influential in developing the coinage of the United States. He built the Mint’s first screw press; made the dies and struck the first ever U.S. coin – the 1792 half dime; redesign the first cents; and engraved the first half cents. He later served as the second Chief Coiner of the Mint from 1814 until 1839. Even after officially leaving the post, he continued to perform essential duties of the office until a few days prior to his death in 1852.
During his tenure as Chief Coiner, Adam Eckfelt had set aside important or interesting coins brought into the Mint as bullion, which became the Mint’s Cabinet. This collection would eventually evolve into the National Numismatic Collection, which now contains 1.6 million objects and more than 450,000 coins, medals, and decorations.
Subsequent generations of Eckfeldts would hold positions at the Mint including Chief Assayer, Curator of the Mint’s Cabinet, Foreman of the Coining Room, Clerk to the Director, another Chief Coiner, and even Night Watchman.
The Eckfeldt collection has been consigned to Tangible Investments. The Eckfeldt Family Archives are to be auctioned on eBay.
Silvano DiGenova, founder and President of Tangible Investments, said, “We are pleased to be working with the Whitman Baltimore Expo to give coin enthusiasts and numismatists of all ages the opportunity to see items from the Eckfeldt Family Archives, and to learn more about the remarkable contributions the family made to our nation’s coinage.”
The Whitman Coin & Collectibles Expo includes more than 1,000 dealers, interesting exhibits, and numismatic presentations. It is free to the public.
Tangible Investments is a leading dealer in rare coins, precious metals, fine art, and jewelry. For more information, contact , or visit www.gocoins.com.