Draped Bust, Small Eagle (1796)
On September 17, 1796, George Washington delivered his now famous Farewell Address in which he cautioned that “it is our true policy to steer clear of permanent alliance with any portion of the foreign world.” This policy of “no entangling alliances,” as it became better known, was to be the dominant theme of American foreign policy for the next one hundred and fifty years, right up to the start of World War II.
At the same time, the fledgling Philadelphia Mint was preparing to manufacture a new denomination, the quarter dollar, authorized by the Mint Act of 1792. It would eventually be recognized and accepted throughout the world.
It is difficult to imagine today h.... (Expand Text)