Detailed Frontpage Announcement of the First Gobrecht Silver Dollars! 12/17/1836

Description

Detailed
Frontpage
Announcement of the First
Gobrecht
Silver Dollars
[SINGLE ISSUE] NILES WEEKLY REGISTER, December 17, 1836.
[Complete issue of 16 pages, quarto size (12" x 17" Opened), published at Baltimore, Maryland, by William Ogden Niles]
This great issue features a detailed page one announcement of the new silver dollar,
"the first coined at the mint since 1805."
It includes a full description of the brand-new Seated Liberty obverse designed by Sully and engraved by
Gobrecht
, while will dominate U.S. silver coinage for the next 56 years. The eagle flying in a field of 22 stars, each representing a state,
"the entrance of Michigan, it seems, anticipated"
is here attributed to the artist Titian Peale. Great numismatic display issue, one of the best of the century. Only one thousand of the new dollars were minted; today they are classic American rarities much sought by collectors. Inside, full Annual report of the U.S. Treasury Department, with a good section on the mint's operations, state of the new issues of circulating gold coins, and more. Also Nicholas Biddle, President of the Bank of the U.S., writes on the evils of paper currency, in this era of "Hard Times" and economic depression and portent of the great panic of 1837.
A fascinating snap-shot of the times. Front page center is news of the infamous Patent Office and Post Office fire in Washington. On December 15, 1836 the building temporarily housing the Patent Office caught fire. All of the approximately 10,000 patent documents from 1790 to 1836 and some 7,000 patent models were destroyed.
Finally, if you can bare to read on, notes and commentary on the Presidential election of Martin Van Buren, the death of James Madison (4th President) and letters by Mrs. Dolly Todd Madison as well as Andrew Jackson in Congress.
Wow, what a  retrospective of DC in this early period. Hate to let it go.
Condition of this issue is choice bright very fine.
Most text courtesy P. Barber and Wikipedia
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