The Two Faces of Christ on the Gold Coins of Justinian II

Christianity became the official religion of the Roman Empire in 313 AD. The western part of the empire fell in 476, but the eastern (or Byzantine) empire, with its capital at Constantinople, would continue for another thousand years after that. 

For centuries after his public execution, there was no consensus among artists on how to depict the face of Jesus of Nazareth. The Bible makes no mention of his physical appearance, preferring instead to focus on his words and actions.  Contemporary Roman, Greek and Jewish accounts of his life provide us with no evidence either. The earliest known depictions of Christ reflect this uncertainty. In some illustrations, he has long hair and a beard. In others, he is clean-shaven with short, curly hair.

The two very different faces of Jesus that appear on coins struck during the reign of the Byzantine Emperor Justinian II show us that even at the beginning of the eighth century, there was still disagreement about how Jesus should be depicted. The older of the two coins struck in 692 AD depicts a long-haired and bearded Jesus, with a face so intricately detailed and full of character that it appears almost to have been sculpted from life.

A golden coin depicting a figure with a beard and cross behind the head on one side, and a female figure holding a staff on the reverse side.
Gold solidus of Justinian II (692-695 AD)

It has been suggested that the coin engraver based his work on the colossal statue of the bearded Zeus at Olympia as his inspiration. The statue appeared on Greek coins and was destroyed during the fifth century. However, it seems highly unlikely that a pious emperor would select the face of a Greek god to depict his Lord and Saviour. This presents us with a mystery.  Who or what was the inspiration for the intricate design?   

Over a century earlier, in 525 AD, a chance discovery by workers repairing a wall in the Mesopotamian city of Edessa changed the way that Christ would be depicted forever. High up on the wall, they stumbled upon a hidden niche, and within the small space, they found a container with a strip of linen carefully folded inside.

The city officials would have gazed in wonder at the sight that greeted them. Imprinted onto the linen was the unmistakable image of a long-haired, bearded man with large owl-like eyes, a long nose, and a moustache. How the image had been transferred appeared supernatural, and it was described as having been ‘not made by human hands’.

The people of Edessa knew immediately what the cloth was. According to the history of their city, disciples of Jesus of Nazareth had visited Edessa centuries earlier and entrusted the linen to King Abgar, one of the first rulers to embrace Christianity. However, after his death, the city reverted to paganism, and the cloth was quickly hidden away for its own protection. Now its chance rediscovery prompted rejoicing throughout the Kingdom, and pilgrims soon flocked to Edessa to see the true likeness of their Saviour mysteriously imprinted onto the cloth.   

Depictions of the bearded face on the Edessa Cloth (or Mandylion) soon began to appear throughout the Christian world and became known as the ‘Pantocrator’ (all-powerful) image. Within a few years of the rediscovery, the Basilica in Ravenna, Italy, had a beautiful mosaic of Christ based on the distinctive face. At around the same time, St. Catherine’s Monastery at Mount Sinai, nearly three thousand miles away, received a new wall painting with features that also closely matched the face on the mysterious cloth.   

A comparison of two religious images of Christ: on the left, a mosaic depiction with vibrant colors and a gold background, and on the right, a painted icon featuring a more naturalistic representation.
Basilica in Ravenna, Italy (left). Saint Catherine’s Monastery, Mount Sinai (right)

In 685 AD, Justinian II became the ruler of the Byzantine Empire at the age of sixteen. In the first years of his reign, he secured a very favourable peace treaty with the neighbouring Arab states in which they agreed on joint possession of Armenia, Iberia and Cyprus. The new détente, after decades of hostility, would have provided the emperor with access to the Mandylion at Edessa, which Muslims had occupied since 638 AD.

At first, Justinian’s coinage was conventional, but in 692 AD, he decided to place a front-facing portrait of Christ on the gold solidus, semissis and tresmissis, and the silver hexagram. The emperor would have called upon his most skilful engraver at the Constantinople Mint to undertake the task. This may have involved making a trip to Edessa to see the mysterious image up close. The Latin inscription accompanying the portrait, IHS CRISTOS REX REGNANTIUM, can be translated as ‘Jesus Christ, King of those who Reign’.  On the reverse, the emperor is depicted standing and holding a cross, surrounded by the inscription DOMINUS JUSTINIANUS SERVUS CHRISTI, translated ‘Lord Justinian, Servant of Christ’.

The emperor’s unprecedented decision to depict Christ on his coins may have provoked neighbouring Muslims, who revere Christ as a prophet but reject His divine status. Despite waging war against the Byzantine Empire several decades earlier, wealthy Muslims used Byzantine gold coins in their transactions because they had a trusted weight. However, after Justinian II put the image of Christ on his coinage, Caliph Abd al-Malik ibn Marwan was compelled to issue the first Islamic gold dinar in 696 AD. Weighing 4.25 grams, the new Islamic dinar had a broadly similar weight to the solidus’ 4.5 grams, but was a significant departure from earlier Islamic coinage, which had previously imitated Byzantine designs.

The new dinar replaced all pictorial images with Arabic inscriptions declaring “No god but God, unique, He has no associate”, and “God is one, God is eternal, He does not beget nor is he begotten”. Furthermore, Abd al-Malik commanded that anyone who possessed Byzantine or Arab-Byzantine gold coins must hand them in to the mint for restriking or be punished by execution.

A gold coin featuring intricate Arabic inscriptions on both sides, likely related to Islamic history or culture.
Islamic gold dinar minted at Damascus, Syria in 697 AD

In 695 AD, Justinian II was overthrown in a military coup when his former General, Leontios, seized the throne. In Byzantine culture, the emperor reflected divine authority, and since God was perfect, an emperor had to possess no physical defects. Consequently, the ousted emperor suffered the indignity of having his nose cut off to render him ineligible from ever sitting on the throne again before being exiled to the Crimea.  Leontios had Justinian’s coinage melted down and remade with his portrait, but three years later, he too fell victim to a coup, which put Admiral Apsimar on the throne, who reigned as Tiberius III.  Meanwhile, Justinian arranged for a prosthetic nose to be fitted and formed an alliance with the pagan Bulgars to plot his political comeback, which he achieved spectacularly in 705 AD.

After being restored as emperor, Justinian II promptly had Leontios and Tiberius III executed for their treachery and arranged for new coins to be struck, once again depicting Christ on the obverse. However, the majestic image of the long-haired, bearded Pantocrater was replaced by a much more youthful-looking face, with thick curly short hair and a smaller beard. The image is often referred to as the ‘Syrian’ image after similar depictions have been found in the eastern Mediterranean. The Latin inscription, DOMINUS IESUS CHRISTUS REX REGNANTIUM, can be translated as ‘The Lord Jesus Christ is the King of Kings’. 

Gold coins depicting two historical figures, one holding a book and the other holding a scepter, both with distinct features and attire.
The second image of Jesus to appear on the gold coins of Justinian II from 705AD. Note the globe that the emperor holds inscribed with the word PAX (peace) 

Why Justinian II chose such a completely different image of Christ for the coins of his second reign has long been debated. The answer may lie in the fact that during his exile, the Arabs had taken advantage of the political instability in Constantinople to attack Byzantine territories in North Africa and Asia Minor.  Leontios and Tiberius III proved incapable of preventing them. So, with the resumption of hostilities, Justinian II may well have found his access to the Mandylion in the Muslim-controlled city of Edessa barred.

Surviving examples of Justinian II’s earlier coins in Constantinople would have been difficult to source following the reign of two emperors keen to remove all traces of their predecessor. This would have made it difficult for Mint engravers to copy the previous design struck ten years earlier. It is also possible that Justinian II may have feared for the safety of the Mandylion in the hands of his enemies if he chose to venerate it on his new coinage. Perhaps this explains why the emperor chose to depict himself on the reverse of the new coin (with a normal nose incidentally), holding a globe inscribed with PAX (‘peace’). Later, Justinian added his young son Tiberius to the reverse, and the two of them hold up a cross together.

Gold coin depicting two figures holding a cross, wearing crowns and robes, with intricate details and symbols.
A new reverse design depicting Justinian II and his young son Tiberius ruling together appeared later in the reign. 

It was the last time that this depiction of Christ with short curly hair and a thin beard would appear on Byzantine coins. The reign of Justinian II ended abruptly in 711 AD when another military coup, this time led by General Philippikos, assumed control of the empire. Knowing that mutilation and exile had not stopped Justinian II before, the new emperor began his reign by making sure that his predecessor, together with his six-year-old son, were put to death immediately.

The image of Christ would not appear on coins again for another 132 years. At that time, a major debate raged through the empire over the veneration of religious images (icons), specifically as the Old Testament forbids the creation of objects to worship (Exodus 20:4-5). Emperor Leo III banned all depictions of Christ in 726 AD and ordered their destruction, prosecuting anyone caught venerating them. The situation was not resolved until the Second Council of Nicaea met in 787 AD and defended the veneration of images by arguing that Christ had provided one of his own by miraculously imprinting his image onto the Edessa cloth.

In 843 AD Empress Theodora restored the image of the long-haired, bearded Jesus to Byzantine coinage, which by now had become the commonly accepted image of Christ throughout the Christian world.     

A century after the debate regarding images was settled, an armed delegation from Constantinople arrived at Edessa and negotiated with city officials to take ownership of the sacred cloth in exchange for the release of two hundred high-ranking Muslim prisoners of war. On August 15th, 944, it arrived in Constantinople amidst great public rejoicing and was given a place of honour in the Pharos chapel of Constantinople’s Imperial Palace.  Emperor Constantine VII personally inspected the cloth, and described the image as being “extremely faint, more like a moist secretion without pigment or the painter’s art”.

A large crowd gathers in a decorated plaza, celebrating with festive banners. In the foreground, a group of individuals raises a beautifully ornate box, possibly symbolizing a religious artifact, while others cheer and express joy. Lavishly designed buildings and domes are visible in the background, indicating a significant cultural or religious event.
The Edessa cloth bearing the mysterious image of Jesus not made by human hands is welcomed in Constantinople on 15 August 944 AD

The cloth was initially considered too holy to be put on public display. One dignitary who received a private viewing was Gregory Referendarius, the Archdeacon of the Hagia Sophia in Constantinople, who preached a sermon declaring that Christ had “imprinted the reflection of his form on the linen”. Later, in 1130 a monk named Orderic Vitalis declared that the mysterious cloth of Jesus bore “the majestic form of his whole body … supernaturally transferred”.

Over seventy years later, a French visitor to the city, Robert de Clari, witnessed a weekly ceremony in which “the Shroud in which our Lord had been wrapped … every Friday was raised upright so one could see the figure of our Lord on it”.

In 1204, Constantinople was attacked and plundered by the French-led Fourth Crusade.  Many priceless treasures from antiquity were destroyed as the Crusaders rampaged through the city seizing anything of value.  It was reported shortly afterwards that “they have taken many relics, including the linen in which our Lord was wrapped’, and the whereabouts of the mysterious cloth with its enigmatic, supernaturally transferred image of Christ, would remain a mystery for the next 145 years.

The Lost Coins that Changed the World – The Story of El Cazador

History is not only shaped by rulers, wars, and treaties, but by fragile moments of chance. Few objects illustrate this truth more powerfully than the silver coins carried aboard the Spanish ship El Cazador. They were intended to stabilise a troubled colony and strengthen the grip of an empire thousands of miles away. Instead, their loss played a pivotal role in empowering another empire and shaping the map of the United States of America.

A detailed painting of a classic sailing ship with billowing white sails navigating through choppy ocean waters under a cloudy sky, featuring flags on the mast.
El Cazador

A Colony On The Brink

The story begins in the closing years of the eighteenth century, when the vast North American territory called Spanish Louisiana faced mounting economic instability. The region, which stretched across what is now Alabama, Mississippi, and Louisiana, formed part of the Spanish Empire. It relied on paper currency that was not backed by silver or gold, making it extremely unreliable and vulnerable to inflation. Confidence in the colonial administration was fragile, and the financial situation threatened Spain’s hold on the region.

Recognising the need to stabilise the local economy, King Carlos III of Spain (r.1759-1788) authorised a substantial shipment of hundreds of thousands of newly minted silver coins. These comprised reales, pesos and smaller denominations, including large quantities of eight-reales, famously known as ‘Pieces of Eight’, respected around the world for their reliability. Their purpose was clear: to inject hard currency into the colony, stabilise trade, and reaffirm Spain’s authority in North America.

To deliver this fortune, the king selected a trusted sea captain, Gabriel de Campos y Pineda, to command the brigantine El Cazador.  The ship sailed to Veracruz in Mexico to receive her precious cargo. On 11 January 1784, the now heavy-laden ship began the final leg of her journey to New Orleans but never arrived, most likely falling victim to a powerful storm. The El Cazador, her crew, and her cargo were declared lost later that year. What was meant to be a financial lifeline had instead become a silent casualty of the sea.

Portrait of a smiling man in ornate armor and a red sash, standing with one arm extended, against a backdrop of draped fabric.
King Carlos III of Spain

Global Consequences

The loss of El Cazador could not have come at a worse time for Spain. Without the silver needed to restore economic confidence, Spanish Louisiana remained financially unstable and costly to administer. By 1800, Spain had decided that the territory had become a burden rather than an asset, and it quietly handed the land over to France under a secret treaty.

Just three years later, in 1803, the French Emperor Napoleon Bonaparte sold the land to President Thomas Jefferson for $15 million in what became known as the Louisiana Purchase. This single transaction doubled the size of the United States and permanently altered the geopolitical balance of North America. The absence of El Cazador’s silver had helped set this chain of events in motion.

Had the coins aboard El Cazador safely reached New Orleans, the story may have unfolded very differently. A stronger Louisiana economy would likely have strengthened Spanish control by restoring confidence in the currency and government. This could have delayed or even prevented the Louisiana Purchase. In that alternate history, the expansion of the United States, and perhaps the geopolitical balance of North America itself, could have taken a very different course.

Furthermore, the shifting ownership of Louisiana was tied to the growing alliance between Spain and France. Had Spain been in a stronger financial position and not given the territory to France, Napoleon would not have been able to sell it to the United States, and his imperial ambitions could have been severely impacted.  In this sense, the coins of El Cazador represent one of history’s great “what ifs.”

Salvaged Treasure

For more than two centuries, the wreck of El Cazador and her valuable cargo lay undisturbed at the bottom of the sea. Then, on 2 August 1993, chance intervened once again. A commercial fishing trawler aptly named Mistake snagged its net in waters approximately fifty miles south of New Orleans. When the damaged net was hauled aboard, it was tangled with silver coins.

Subsequent investigation revealed the remarkable truth: the crew had accidentally discovered the wreck of El Cazador, resting at a depth of around 90–100 metres. The coins were identified as Eight‑Reales that had been struck at the Spanish mint in Mexico in 1783, conclusively linking them to the long‑lost shipment. Most of the remaining cargo was later successfully recovered, returning these historic coins to the surface after more than 200 years underwater.

A wooden box filled with various types of clams, with a person's hand reaching in to scoop some out. There is a yellow bucket beside the box.
Silver coins salvaged from El Cazador

The EightReales: A Coin That Shaped Commerce

The Eight-Reales coin, struck at the Spanish mint in Mexico and retrieved from the wreck of El Cazador, is a beautiful example of Spanish colonial silver. The denomination was widely accepted across Europe, the Americas, and Asia, and became one of the world’s most important coins. It also played a foundational role in early American commerce, circulating alongside and sometimes in place of local coinage.   

The coin’s design also left a lasting cultural imprint. The reverse depicts the Pillars of Hercules wrapped with a ribbon, a motif believed by some scholars to have inspired the modern dollar symbol ($). Whether or not this link is definitive, it underscores the profound influence the coin has had on global monetary history.

Obverse and reverse sides of an 18th-century silver coin depicting the profile of King Charles III and a royal coat of arms.
The Eight-Reales

A Tangible Connection to History

Coins recovered from El Cazador enable us to hold history in our hands. Few artefacts can claim such an influence on the shaping of world events. Each coin recovered from the wreck bears subtle traces of its long immersion beneath the sea, adding to its authenticity and fascination. These marks serve as quiet reminders of their doomed voyage and the extraordinary forces which have tied them to history. 

The treasure of El Cazador provides us with a tangible connection to a dramatic chapter of maritime history, which saw a group of sailors embark upon a perilous and ultimately doomed journey with a cargo that carried the economic ambitions of an empire. The silver coins promised economic stability, greater political leverage, and a stronger Spanish presence in North America. Their loss weakened one empire, strengthened another, and helped shape the modern United States.

The story of the El Cazador serves as a powerful reminder that history does not always turn on grand battles, noble deeds or famous speeches. Sometimes, it turns on a ship that never arrives, a cargo lost to the sea, and silver coins that fail to reach their destination. Today, the coins recovered from El Cazador stand as a silent witness to a turning point in history that changed the world forever.

Pocket-Sized Time Machines

The Archaeological Secrets of Ancient Coins

A close-up of an ancient silver coin held between two fingers, featuring a detailed portrait of a Roman emperor.
Roman silver coin found on a dig site

When archaeologists unearth ancient coins, they’re not just finding currency—they’re uncovering miniature time capsules that can reveal surprising details about the civilizations that created them. Unlike many artifacts that deteriorate over time, coins often survive remarkably intact, preserving their messages across millennia and helping us reach back in time to directly touch their lives.

Perfect Messengers from the Past

Coins possess unique qualities that make them invaluable to archaeologists and historians. They’re officially dated, carry detailed imagery and powerful symbols, and they were usually mass-produced by central authorities and distributed across the lands ruled by that authority.

When a Roman emperor issued a coin proclaiming a military victory, for example, we have direct evidence of how the empire wanted that event remembered. Subsequent historians and even contemporary commentators may have interjected their own bias into their accounts. But the coins of the realm provide indisputable evidence of the ‘official’ tale – at least as the ruling powers wanted it represented. 

Furthermore, the distribution patterns of coins tell stories that written records often miss. When Spanish pieces of eight appear in excavations across Asia, they help to map trade networks more accurately than any medieval document or shipping records. A single Byzantine solidus found in a Viking settlement speaks volumes about far-reaching economic connections.

Silent Emperors Speak

During the tumultuous Crisis of the Third Century (235-284 CE), the Roman Empire experienced rapid succession of rulers and civil wars. During this chaotic period, many emperors ruled so briefly (sometimes mere weeks or months) that traditional historical records either never documented them or their names were actively removed from all records over time. Coins bearing their portraits and names, however, have survived as tangible proof of their brief claims to power.

Some notable examples include:

Silbannacus – A complete mystery until the 1930s when a single coin bearing his name and image was discovered. Another coin was found in 2004. Beyond these two coins, we have absolutely no historical records of this emperor.

Domitian II – For centuries, historians considered him fictional until a single coin appeared in France in 1900. A second coin was discovered in 2003, confirming his brief rule around 271 CE as a rebel emperor.

A Roman coin featuring the profile of Domitian II on one side and an image representing Peace on the reverse, showcasing the historical significance and detailed craftsmanship of ancient numismatics.

Uranius Antoninus – A Syrian priest who declared himself emperor around 253 CE. Though mentioned very briefly in one historical source, our primary knowledge of his reign comes from his distinctive coins.

These “shadow emperors” demonstrate the remarkable historical value of numismatic evidence. When texts are silent, coins speak—preserving names, faces, and titles that would otherwise have vanished completely from historical record. Their survival also illustrates how thoroughly the Romans established their minting systems, where even short-lived usurpers quickly produced coins to legitimize their claims to power.

History Written in Metal

The true archaeological value of coins often lies in their unintended revelations. Consider the silver content analysis of Roman denarii, which shows gradual debasement—revealing economic stress long before written records acknowledged problems. Similarly, the wear patterns on coins show how long they circulated and how they were handled, providing insights into everyday economic life.

Spanish silver coins that were traded in Asia often feature ‘chop marks’ overstruck into their surface. This practice was particularly common amongst merchants who needed to verify the legitimacy of foreign coins in a market rife with counterfeits.

Obverse and reverse sides of an 18th-century silver coin featuring the inscription 'CAROLUS III DEI GRA.' with a portrait of King Charles III on one side and a crowned coat of arms on the other.

Coin hoards—especially emergency stashes buried during crises—create especially valuable archaeological snapshots. The Hoxne Hoard in Britain, containing 15,000 coins and buried around 410 CE, coincides precisely with Rome’s withdrawal from Britain. The newest coins in such hoards create terminus post quem dating (the earliest possible date) for whatever catastrophe prompted the burial.

Roman legions often buried their payrolls before a major battle (to avoid it falling into enemy hands if they were defeated.) To this very day, clay jars of Roman coins are still occasionally discovered during road or building construction projects.

Beyond Economics

Perhaps most fascinatingly, coins preserve cultural elements that would otherwise vanish. Religious symbols, architectural details of now-destroyed buildings, and portraits of rulers appear in miniature relief. The temple on Herod Agrippa’s prutah coin gives archaeologists architectural details of structures long reduced to rubble and bare foundations.

Coins also capture evolutionary changes in language, as inscriptions shift from Greek to Latin across the Mediterranean, or from Sanskrit to Arabic across Central Asia, documenting cultural transitions with remarkable precision.

Modern Archaeological Approaches

Today’s archaeologists apply advanced techniques to these ancient treasures. X-ray fluorescence reveals exact metallic compositions without damaging specimens. Digital mapping of find locations creates distribution patterns impossible to see before computerization. Each advance extracts more information from these tiny messengers.

For the dedicated numismatist and archaeologist alike, each coin represents far more than its face value—it’s a direct connection to the people who once held it, a microcosm of their economy, their art, their beliefs, and their identity. These miniature time capsules continue to speak volumes, one small disk at a time.

A gathering of ancient Romans in a classical setting, observing a unique mechanical device resembling an astrolabe, surrounded by ruined columns and statues.

Coins can be a time machine to the past…

D-Day 80th Anniversary: A Normandy Gallery

On June 6th 2024, Samlerhuset coin experts had the incredible honour of touring legal tender D-Day coins across the beaches of Normandy – site of one of the most carefully planned out and pivotal days of the Second World War. Days during which so many brave men and women gave their lives fighting for their country.

Commemorating the invasion of Pegasus Bridge on June 6th 1944, this extraordinary set of two gold coins depicts a British soldier in the forefront of the design, with Pegasus Bridge in the background and other soldiers holding the bridge. One coin has been issued by Monnaie de Paris, the French state mint, and the other issued by British territory Gibraltar. Together, these coins beautifully symbolize the Allied forces valor and determination that fateful day.

Deputy Sales Director Rodolphe Krempp of Monnaie de Paris with The London Mint Office Managing Director Christopher Wood at Batterie de Merville, which was neutralized by the 9th British Parachute Battalion.

Certificates of Authenticity for this set were signed in Normandy by Monnaie de Paris President and CEO Marc Schwartz and The London Mint Office Managing Director Christopher Wood.

Monnaie de Paris CEO Marc Schwartz and Head of Design Joaquin Jimenez presenting coins to French President Macron.

Remembrance ceremonies were held on the beaches of Normandy to commemorate this pivotal day in history and to remember those who sadly never returned home.

The coins toured the five landing areas, starting at Gold Beach where troops of the British 50thInfantry landed on June 6th 1944.

The First U.S. Commemorative?  A Gold Rush Treasure Story

Image courtesy of Professional Coin Grading Service (PCGS)

While the 1892 Columbian Half Dollar is officially published as America’s first commemorative coin, there is another legendary issue that many argue is the true heir to this prestigious title:  The 1848 “CAL.” Gold Quarter Eagle

The reason for this claim? The 1848 Gold piece was minted from the very first gold sent east from the famous California Gold Rush, and each coin bears a special “CAL.” Stamp above the eagle as recognition of the pedigree and source of the gold.

Born in the Gold Fields of California

On January 28, 1848, gold was discovered at Sutter’s Mill near Coloma, California – and this single event ignited one of the most exciting times in the young nation’s history. People from all over the country, and indeed, the world, flooded into the gold fields of California and surrounding areas armed with rustic tools, a strong back, and the dream of striking it rich.  

Between 1848 and 1855 an estimated 300,000 people arrived in the California territory.  Settlements quickly sprung up, many of which would become cities which thrive to this very day. San Francisco became a boom town – eventually getting its own branch mint to strike coins from all the gold being mined from the surrounding countryside. Transportation also rapidly improved – including advancements in railroads and steamships – and this all fueled the further development of California.

All these changes ultimately led to the admission of California into the Union as a state in 1850 – only two years after the Sutter’s Mill discovery!

Gold Rush Gold Travels East

Less than a week after the original discovery at Sutter’s Mill, California’s military governor, Col. Richard B. Mason, ordered Lt. Lucien Loeser to immediately depart for Washington, D.C. carrying samples of the newly found California gold.  This first gold, packed in a tea caddy, made the long overland journey to the East coast, where it ultimately ended up at the Philadelphia Mint to be assayed (tested for purity.)  

After it was assayed, the Philadelphia Mint struck an estimated 1,389 gold Quarter Eagles ($2.50 denomination) made exclusively from this California gold.  To commemorate this event, the abbreviation “CAL.” was counter stamped into the surface of each coin – directly above the head of the eagle.   

A Legend Is Born

Because of this incredible pedigree and the commemorative nature of the CAL. designation, many argue that the 1848 CAL Gold Quarter Eagle truly deserves the honor of being called the First US Commemorative Coin.  

Only 1,389 coins were ever stuck, and only a fraction of that mintage have survived to this day.  The coin’s romantic story, great historical significance and scarce numbers have all served to make it incredibly popular and justifiably valuable.  

A review of the major grading services reveals that this gold treasure has been submitted for grading around 127 times, and they have achieved grades from Good 6 to MS68.  These days, an 1848 CAL Quarter Eagle in Mint State 60 grade is valued at around $130,000 – while the same coin in highest grade can be expected to bring $475,000 – $800,000 at auction. 

Buyer Beware!

Of course, as one might suspect, the nature of the CAL counter stamp and the high value of these rarities have led to many forgeries of this historically significant rarity over the decades.  

The First Polish Constitution, Commemorated on a Dutch Medal 

The Polish Constitution of 3 May was adopted 230 years ago. Thomas Jefferson, who then served as an American envoy in Paris and later became the President of the USA, stated that there were only three constitutional acts that deserved recognition: those of the United States, Poland and France. The introduction of the May Constitution was one of the most momentous events in the history of the Polish-Lithuanian Commonwealth, and an attempt at defending its independence. Unfortunately, the joy was short-lived. In 1792, a confederation of conservatives opposing all reform appealed to Empress Catherine II to intervene. The Russian army entered Poland, and the end of the Commonwealth drew near. 

3 May 1791  –  Sejm Proceedings under Military Escort

Faced with the progressive limitation of the Polish-Lithuanian Commonwealth’s sovereignty (following the first partition in 1772) and a growing dependence on Russia, patriots started calling for reform. A chance to introduce them arrived during the Great Sejm (1788-1792). The confederated Sejm (which could not be broken off) culminated in the adoption of the Constitution of 3 May 1791. 

The legislation was passed in a controversial manner, in circumstances that could be likened to staging a coup. The proceedings were held two days before the planned date, thus a number of MPs and senators (including many conservative) were not in Warsaw at the time. The army surrounded the Royal Castle, where the Sejm congregated, in order to quell any possible unrest. Military men disguised as valets guarded the members of the progressive patriotic faction. Marshal of the Sejm Stanisław Małachowski was given special protection. 

Jan Matejko, The Constitution of 3 May 1791, 1891, the Royal Castle in Warsaw. Source: Wikipedia

The session was heated from the very beginning. Everyone was aware of the gravity of the moment. And although patriots had the advantage, their opponents did not want to surrender without a fight. Member of Parliament Jan Suchorzewski, who opposed the reforms, even proclaimed that he would sooner kill his son than let him live under the oppression that the country was about to experience.

Amidst noise and nearly theatrical scenes, the king and the Marshal of the Sejm strove to have the Constitutional act ratified. The draft for the document had been prepared in secret by a team which included King Stanisław August, Stanisław Małachowski, Ignacy Potocki, Hugo Kołłątaj and others, aided by the royal secretary Scipione Piattoli.

Marcello Bacciarelli, Portrait of Stanisław August in a Feathered Hat, after 1780, the National Museum in Warsaw

Changes Introduced by the May Constitution 

The Constitution comprised eleven articles. It acknowledged the Roman Catholic creed as dominant, but guaranteed the freedom of practicing other religions. The nobility was to keep their privileges and prerogatives, with the exception of the infamous ‘liberum veto’, which allowed any single member of parliament to cause an immediate termination of the ongoing session. The Constitution also upheld the provisions of the Free Royal Cities Act adopted on 18 April 1791, which granted townspeople the right to send their representatives to the Sejm, guaranteed their personal freedom and allowed them to purchase land estates and hold public office, thus offering a path to social advancement to a substantial section of the society. The issue of the peasantry was also tackled. While not granting peasants any specific rights or freedoms, the Constitution was the first act to acknowledge them as a part of the civic community, alongside the nobility and townsfolk.  

The Commonwealth was to be governed in accordance with the principle of the separation of power, divided into the legislative (the Sejm), the executive (the king and the ‘Guardians of the Law’) and the judiciary branch. A bicameral parliament was established; it was to convene on a biannual basis. Laws would be passed by a majority vote. It was also expected that a Constitutional Sejm would be held every twenty five years, to introduce necessary amendments to the Basic Law.

The king held executive power together with ‘Guardians of the Law’, i.e. his government. Aside from the monarch and the primate, the body was to comprise five ministers, responsible for Foreign Affairs, Internal Affairs, Police, Treasury and War. The ‘Guardians’ were appointed by the king. The Constitution also abolished royal elections in favour of hereditary monarchy. After the death of Stanisław August, the throne was to pass to the House of Wettin. If the king happened to be underage, the ‘Guardians of the Law’ were to act as regents, led by the queen or, in her absence, by the primate of the country.Lastly, the Constitution introduced changes to the judicial system. Courts of first instance would be established in all voivodeships, lands and counties. The choice of judges lay with local assemblies (sejmiki). Additionally, each province was to have a Supreme Tribunal, which served as the court of appeal. 

Johann Georg Holtzhey, Medal to Commemorate the Constitution of 3 May, Amsterdam 1791, the National Museum in Krakow / the Princes Czartoryski Museum 
Johann Georg Holtzhey, Medal to Commemorate the Constitution of 3 May, Amsterdam 1791, the National Museum in Krakow / the Princes Czartoryski Museum 

The Dutch Medal Presented to the King of Poland 

The adoption of the Constitution was an event that reverberated both within the country and worldwide. Such a momentous occasion had to be commemorated in a fitting manner – and, indeed, it was, not only by publishers and artists producing propagandist prints, but also by medallist. 

A unique work of the art of medal-making was created in Amsterdam in 1791. Rich in symbolic depictions, the coin was minted to honour King Stanisław August Poniatowski, and was presented to him as a gift. The donators were citizens of the United Provinces (the Netherlands), by the names of Gülcher and Mülder. A Warsaw-based banker Piotr Blank acted as an intermediary, making sure that the king received the gift. 

The donators enlisted the services of an excellent Dutch medallist Johann Georg Holtzhey (1729-1808), master of the mint in Amsterdam and Utrecht. 

Holtzhey designed the obverse of the medal to feature an elegant royal portrait of Stanisław August. In an interesting propagandist move, he chose to adorn the king’s head with oak leaves instead of the more typical laurel. In Ancient Roman tradition, an oak wreath was granted as a reward for extraordinary civic merit. Aside from the king’s customary titles (“Stanisław August, z Bożej łaski król Polski i wielki książę litewski” [Stanisław August, by the Grace of God King of Poland and Grand Duke of Lithuania]), the legend around the rim of the coin included the phrase “PATRIAE PARENS” [Father of the Homeland]. 

The main motif on the reverse is the quartered coat of arms of the Commonwealth (with the Poniatowski family crest – Ciołek), depicted on a globe-shaped field,  topped with a mural crown and a Christogram (to signify religious tolerance). Beside it, a winged genius holds a Phrygian cap (a symbol of freedom) in his right hand, and an olive branch and a caduceus in his left. The broken shackles depicted at the genius’ feet represent foreign violence. 

The background features sunbeams and the eye of Providence keeping watch over the citizens’ endeavours. To the left of the coat of arms, the medallist depicted a fasces, scales and the sword of justice, to represent fair and equal judgment for everyone in the country. The surrounding inscription reads: “TERRORE LIBERA” [Free of Fear]; the one beneath the main motif is: “EX PERHONORIFICIO COMITIORUM DECRETO D.III MAY MDCCXCI” [By Honourable Decree of the Assembly on 3 May 1791].

Treason at Targowica

The May Constitution was a short-lived act. In 1792, opponents of the reforms formed a conspiracy that led to a Russian intervention. A group of magnates, among them General of Artillery of the Crown Stanisław Szczęsny Potocki, Great Crown Hetman Franciszek Branicki and Field Hetman Seweryn Rzewuski, met at Targowica in Ukraine to establish a confederation that would defend the freedoms they believed Constitution to violate. 

Their actions were enthusiastically welcomed by the Russian Empire, which – having signed a peace treaty with Ottoman Turkey – sought to reinstate its weakened influence over Poland. Empress Catherine II happily assumed the role of ‘protector of freedom’ and deployed nearly 100,000 troops to Poland to “aid the common cause of restoring to the Commonwealth its rights and privileges”. This was the beginning of the Russo-Polish War of 1792, a conflict that would hasten the demise of the Polish-Lithuanian Commonwealth. 

‘Targowica’ crown thaler, Warsaw 1793, the National Museum in Krakow / the Princes Czartoryski Museum

These painful events were commemorated on a medal coin, the so-called Targowica thaler, issued in 1793 at the initiative of the confederates. Unusually, the obverse did not feature the likeness of the king, only a propagandist inscription glorifying the ‘patriotic’ deeds of the confederation: ”Obywatelom, których miłość kraju powodowała, że starali się bronić wolności polskiej, zniszczonej przez spisek z dnia 3 maja 1791 r. – Rzeczpospolita powstająca” [To the citizens whom love of their country prompted to defend Polish freedom, destroyed by the conspiracy of 3 May 1791 – the Commonwealth Rising]. The message was additionally reinforced by the wording of the inscription around the rim: “Wdzięczność współobywateli przykładem dla potomności” [In gratitude to fellow citizens to set an example for posterity]. 

The reverse also differed from that of standard thaler coins. Instead of the coat of arms, it depicted the following inscription: “Postanowieniem Rzeczpospolitej skonfederowanej w dniu 5 grudnia 1792 r. za panowania Stanisława Augusta” [By decree of the Confederated Commonwealth on 5 December 1792, during the reign of Stanisław August].  

The Grodno Sejm, the last session of parliament in the history of the Polish-Lithuanian Commonwealth, held in 1793 with ‘encouragement’ from the Russian army, ratified the second partition of the country and nullified the May Constitution. The final attempt at saving Poland’s independence came in 1794, in the form of an uprising led by general Tadeusz Kościuszko. The insurrection was suppressed by Russian forces; and one year later Poland ultimately disappeared from the map of Europe. 

Marcin Brzezinski is a graduate of the Faculty of Journalism and Political Science at the University of Warsaw. He is interested in the history of Polish aristocracy and old photography. Author and co-author of several books, including: “Adam and Jadwiga Czartoryski. Photographs and Memories” (2013), “Stanisław Kazimierz Kossakowski. I love photography” (2019). Co-creator of historical exhibitions, including: “For here we do not have an enduring city – a story about palaces on the Royal Route in Warsaw” (2010). He has been cooperating with the National Treasury (Skarbnica Narodowa) for several years.  The area of his numismatic interest is primarily historical Polish coins.

Coins and the Importance of Where to Look

by Andreas Kolle

Have you ever wondered why the head of the monarchs appear to look either to the left or the right – and if there is a system with it? Short answer, it’s both complicated and fun.

Long traditions for facing right

Faces on coins first appeared in the 6th century BC, but it was during the following century that profiles of gods and goddesses appeared frequently. The most famous is probably the Owl tetradrachm of Athens. The much-copied tetradrachm and stater of Alexander the Great also looked right. There were exceptions to this rule, for example the Corinth Pegasus stater, but the dominating coins looked right.

Roman emperors almost always looked to the right. Given the significance of these coins, this made right-facing coins dominant both in Rome and in many countries copying them. The outwards-looking solidus coins of the Byzantine Empire did not catch on, and right was the direction to look. 

There might be an easy explanation: We write from left to right. This means that this is the “preferred” way of looking. We also know that the devil is associated with the left, and the word “sinister” comes from the Latin word for “left”.

The English Switch

Another interesting development is that queens like Elizabeth I of England and Christina of Sweden often looked to the left. And this might have been the reason for a typical English tradition. 

Henry VII and Henry VIII both looked right and straight ahead in some cases. Mary I and Elizabeth I both looked left. James I faced both left and right depending on the coin. Charles I looked left, but Charles II looked both ways. Finally, his younger brother, James II, looked only to the left – and the monarchs that followed him have alternated between looking left and right, all the way down to our current monarch…

Of course, there is one interesting exception to the rule, and it is our old friend, Edward VIII. He was supposed to look to the right, but preferred the left side of his face, and insisted on looking the “wrong” way. The tradition from 1685 onwards did not seem to bother him. The coin was prepared, but no coins made it into circulation. When he abdicated, the Royal Mint pretended that his coin was made with him looking to the right. Therefore, the George VI coin was made with him looking to the right again to keep in tradition.

What could be more British than insisting that a coin never circulated was made with the opposite design to the one it had so that tradition was upheld? 

The Emperor and the King

When it comes to portraits, Scandinavia did a bit of everything. Denmark insisted on always looking to the right, whereas Sweden from 1907 onwards always looked to the left. With all due respect to the Anglo-French enmity, this is the real long-standing feud in Europe. Norway, on their part, did exactly like Britain and switched sides.

France, however, is where things get very confusing. It seemed as they alternated every other turn, because Louis XIII and XIV looked to the right, and Louis XV and XVI predominately looked to the left. Then you have the cat among the pigeons: Napoleon. He decided to look to the right, probably to symbolize a new time in opposition to Louis XVI. When he was deposed and Louis XVIII took over, the new king was quick to look to the left again. This is hardly surprising. Louis XVIII was the brother of the deposed and executed Louis XVI. Making a break with Napoleon made sense. When he died, his brother Charles X took over, also looking to the left. When he was deposed in the 1830 revolution, the once-radical Louis Philippe was made king, and perhaps to make a stand against the two conservative kings who preceded him, he faced right.

And now we end up with the wisest fool in Christendom, Napoleon III. In 1851 he was crowned emperor. This made him the second emperor in traditional counting, however the Bonaparte family claimed that Napoleon Bonaparte’s son was emperor for a couple of weeks. This meant that either Napoleon I looked right, and an imaginary coin of Napoleon II would look to the left and Napoleon III should look to the right again or that all emperors, like in Ancient Rome, should look to the right.

Napoleon III looked to the left. Because of course he did.

This might have meant that he considered himself a continuation of the kings of France rather than an abomination with his own rules. It could have had another explanation. After all, Napoleon III was the man who Karl Marx had in mind when he coined the phrase “History repeats itself, first as a tragedy, then as a farce“. Napoleon III was in either case the last monarch of the French. 

Andreas Kolle is a Norwegian historian cum laude and the resident historian for Samlerhuset Norway. A professional copywriter with 10 years of experience, Andreas also keeps the Samlerhuset blog active by covering a range of numismatic and historical topics. He has a contagious love for all things numismatic and historical and adheres to the QI adage that there is no such thing as an uninteresting item.