A thirty-dollar commission that outlived everyone
In the late summer of 1795, the young Philadelphia Mint had a problem. Its first silver dollars — the Flowing Hair design — were widely thought to be ugly. The Mint's new director wanted a fresh, dignified Liberty, and he wanted her fast.
The portrait came from Gilbert Stuart, the most celebrated painter in the country, the man who would soon paint the Washington that hangs on the one-dollar bill. Stuart drew Liberty as a graceful, full-figured woman with flowing hair and a draped gown. (Collectors have long repeated that he based her on Ann Willing Bingham, a famous Philadelphia society beauty — a charming tradition, but one the historical record only suggests, never proves.)
A drawing is not a coin, though. Someone had to translate Stuart's flat sketch into a three-dimensional model the Mint's engraver could copy. That job went to John Eckstein.
On September 9, 1795, the Mint paid Eckstein $30 — not for the whole coin, but for two plaster models: one of the Liberty head, one of the reverse eagle-and-wreath. From those models, Chief Engraver Robert Scot cut the dies (the hardened steel stamps that strike the design into metal). The result is the coin collectors call the Draped Bust dollar. Eckstein's hands shaped the face; Scot's engraved the steel.
It is one of the strangest pairings in American coinage. The man hired to model Liberty for a flat fee had, three decades earlier, been court sculptor to one of the most powerful kings in Europe.