Coins, Currency, and Medals - Overview

The Museum possesses one of the largest numismatic collections in the world. The collections include over 1 million objects, comprising coins, medals, decorations, and pieces of paper money. Among the many great rarities here are some of the world’s oldest coins, created 2,700 years ago. But the collection also includes the latest innovations in electronic monetary exchange, as well as beads, wampum, and other commodities once used as money. A special strength lies in artifacts that illustrate the development of money and medals in the United States. The American section includes many rare and significant coins, such as two of three known examples of the world's most valuable coin, the 1933 double eagle $20 gold piece.
"Coins, Currency, and Medals - Overview" showing 2 items.
Portrait Medal of James Smithson
- Description
- James Smithson was born in 1765, the illegitimate son of Sir Hugh Smithson, later known as Sir Hugh Percy, Baronet, 1st Duke of Northumberland, K.G., and Elizabeth Hungerford Keate. Elizabeth Keate had been married to James Macie, and so Smithson first bore the name of James Lewis Macie.
- His mother later married Mark Dickinson, by whom she had another son. When she died in 1800, he and his half-brother inherited a sizable estate. He changed his name at this time from Macie to Smithson. James Smithson died June 27, 1829, in Genoa, Italy. His will left his fortune to his nephew, son of his half-brother, but stipulated that if that nephew died without children (legitimate or illegitimate), the money should go "to the United States of America, to found at Washington, under the name of the Smithsonian Institution, an establishment for the increase and diffusion of knowledge among men."
- The nephew, Henry Hungerford Dickinson, died without heirs in 1835, and Smithson's bequest was accepted in 1836 by the United States Congress. Smithson never visited the United States, and the reason for his generous bequest is unknown. But his gift was the foundation grant for the Smithsonian Institution.
- In 1817, while living in Genoa, Italy, Smithson commissioned a gifted Italian sculptor named Antonio Canova to create his portrait in the form of this medal. Smithson evidently approved of Canova's efforts: he scratched his name on the other, otherwise blank side of his medal. It is still visible today, very faint after the passage of nearly two centuries.
- Location
- Currently not on view
- date made
- 1817
- maker
- Paris Mint
- obverse engraver
- Tiolier, Nicholas P.
- ID Number
- 1991.0009.0393
- catalog number
- 1991.0009.0393
- accession number
- 1991.0009
- Data Source
- National Museum of American History, Kenneth E. Behring Center
Roosevelt Inaugural Medal, 1905
- Description
- Theodore Roosevelt met sculptor Augustus Saint-Gaudens in the 1890s, when T.R. was an aspiring young politician, and Saint-Gaudens was establishing a reputation as a brilliant artist. When Roosevelt was elected President in 1904 and needed an inaugural medal, he gave the commission to Saint-Gaudens after rejecting the standard, unmemorable medal typically produced for this occasion by the United States Mint.
- Saint-Gaudens's results shattered precedent. The piece was modern in all senses of the word. There was no attempt to beautify or romanticize the President's head on the obverse, yet the image clearly conveyed vision and power. The reverse was, if anything, even more groundbreaking. The magnificent, left-facing eagle epitomized authority and presence, while displaying a classical ancient style. (The same eagle is used on the Saint-Gaudens $10 in 1907). This bird unquestionably ruled all it surveyed.
- Saint-Gaudens's success with this medal convinced Roosevelt that the artist was the partner he needed to collaborate on a pet project: the redesign of America's money. Saint-Gaudens signed on, and the plotting began. But the potential for trouble hovered on the horizon: this medal had been struck, not by the United States Mint in Philadelphia, but by Tiffany & Company in New York. If the Mint hadn't produced Saint-Gaudens's medal, would it agree to produce any of his coins?
- Location
- Currently not on view
- Date made
- 1905-03-05
- associated date
- 1905-03-05
- associated person
- Roosevelt, Theodore
- Saint-Gaudens, Augustus
- Weinman, Adolph A.
- maker
- Tiffany & Company
- designer
- Saint-Gaudens, Augustus
- ID Number
- 2005.0142.02
- accession number
- 2005.0142
- catalog number
- 2005.0142.02
- Data Source
- National Museum of American History, Kenneth E. Behring Center

