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Stack’s Bowers and Ponterio   |   The August 2018 ANA Auction   |   22 August 2018 Sort by Lot-NumberSort by Estimate
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Session 2, Lot 4

Estimate: 90'000 USD   |   Starting price: 1 USD Price realized: 84'000 USD
Early American and Betts Medals
Rare Silver Striking of the Libertas Americana Medal
An Early American Classic
"1781" (1782) Libertas Americana Medal. Silver. 47 mm. By Augustin Dupre. Betts-615. AU-55 (PCGS).
Obv: A beautiful head of Liberty with flowing hair faces left with a liberty pole behind the portrait, the inscription LIBERTAS. AMERICANA. above and the date 4 JUIL. 1776. below in exergue. Rev: The young United States as the infant Hercules strangling two serpents and being protected from the British lion by France, depicted as Minerva, the inscription NON SINE DIIS ANIMOSUS INFANS. (The infant is not bold without divine aid.) is above and the dates 17 OCT. 1777. and 19 OCT. 1781. are below in exergue. This is a richly original example of the scarce Libertas American medal in silver. Both sides are boldly and evenly toned in charcoal-lavender patina. Striking quality is outstanding, the devices smartly impressed with all fully brought up by the dies. The extreme high relief elements of the obverse portrait and a few of the features on the reverse are highly susceptible to rub, which is usually in the form of cabinet friction, as here. This feature is most noticeable on the highest points of Liberty's hair and, in conjunction with a few trivial handling marks scattered about in the fields, it explains the AU-55 grade assigned by PCGS. Predominantly smooth in hand with impressive definition, nonetheless, this lovely medal is eagerly awaiting inclusion in an advanced collection. Struck in Paris to commemorate peace following the American victory over Great Britain in the Revolutionary War, the Libertas Americana is the most beautiful and important of the peace medals. The concept and mottos displayed by this medal are attributed to Benjamin Franklin, who at the time was serving as U.S. commissioner to France. While in France, Franklin set about the production of a medal to give to a select few he deemed instrumental in securing American independence. The Libertas Americana medal was to be symbolic of the winning of American liberty, not only on the battlefields of the New World but also in the courts of Europe, most particularly that of France. For without French support American victory over Great Britain would not have been possible. And since it was Franklin who secured the support of the king and queen of France, he was as indispensable to the political victory of the American Colonies as George Washington was to their military victory. The dies for the Libertas Americana medal were cut in Paris in 1782 by Augustin Dupre. The obverse portrait would later influence the first renditions of Liberty to appear on United States coinage, specifically those of the Liberty Cap copper coinage and the Flowing Hair silver coinage. The reverse design is highly symbolic, the two serpents representing the American victory over the British at the battles of Saratoga and Yorktown, but Minerva keeping the British lion at bay confirming that ultimate American independence would not have been possible without French aid. The dates in exergue on the reverse are the dates of the victories over General John Burgoyne at Saratoga and General Charles Cornwallis at Yorktown. All original Libertas Americana medals are scarce-to-rare pieces (Paris Mint restrikes of later years have minimal value) with most examples encountered in today's market being copper impressions, of which approximately 100-125 medals are known. Far rarer are the silver strikings that Franklin himself presented to French ministers, "as a monumental acknowledgement, which may go down to future ages, of the obligations [the United States is] under to [the French] nation." We believe that only 25-30 original Libertas Americana medals in silver are extant. (Two gold strikings that Franklin presented to King Louis XVI and Queen Marie Antoinette of France are not traced.) The presently offered piece will be a treasure for its next owner.

From our Baltimore Auction of March 2011, lot 7.

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