1874-S LIBERTY HEAD $10 AU58
WELL STRUCK AND LUSTROUS. ONLY 10,000 STRUCK. ONLY A SINGLE MS61 COIN GRADED HIGHER. CAC.
The United States and Hawaii began their economic relationship with Hawaii as early as the 1820s which then budded into a significant friendship over time. By 1874 the relationship between them had developed into a strong dependency from economic hardship and the necessity of protection. In fact, it was in 1874 that the two really strengthened their bond, especially in such a critical time for the Hawaiian people. The new king, David Kalakaua, had been elected the previous year over Queen Dowager Emma, whose supporters were outraged by the results. Due to the escalated nature of the protestor’s rage, King Kalakaua asked for American and British support to quell the mobs and protect himself. On January 13, 1874, both nations obliged which then solidified the new king’s rule. To strengthen the relationship even more the United States government and King of Hawaii began a discussion regarding trade rights of March 13, 1874. A majority of what was discussed included exclusive trade rights for Hawaii where tariffs would be eliminated to give preference to Hawaiian goods. This same conversation prompted the first ever visit from an islander King to the United States that same year. To fully actualize the Reciprocity Treaty, King Kalakaua visited the United States at the end of 1874. Kalakaua made landfall in San Francisco after he traversed nearly three thousand miles of ocean, but this was just the middle of his journey as his final destination was Washington D.C. After a few more weeks of traveling, Kalakaua finally made it D.C. where he was hosted by President Ulysses S. Grant and his wife. On December 15, 1874 the king and several prominent government members sat down to a fantastic dinner to begin their discussion of the treaty. As a result of the King’s visit and several more deliberations the Reciprocity Treaty was officially signed into law the following year; thus finalizing the economic and political bond between the two nations.