Spencer Collection of So Called Dollars
HK-705 BR, Northampton Tercentenniary


Obverse
Enlarge  
  
Reverse
Enlarge  

Coin Details

  

Set Details
Coin Description: SC$1 1946 GA HK-495 INTL MONETARY CONFERENCE
Grade: NGC MS 63
Owner: Spencer Collection
 
Set Category: Token & Medals
Set Name: Spencer Collection of So Called Dollars
Slot Name: HK-705 BR, Northampton Tercentenniary
Research: See NGC's Census Report for this Coin

Owner's Description

Medal, 1946, AE Gilt, INTERNATIONAL MONETARY CONFERENCE, FRANKLIN DELANO ROOSEVELT, Savannah, Georgia, So Called Dollar, HK-495 AE, NGC MS63, Cert# 2613958-018. Size: 33mm. Obv. Male bust l. within circle; outside above, around Franklin Delano Roosevelt; below 1882 -- o -- 1945. Rev. In center is map of Georgia; across map Savannah / Ga.; above, around International Monetary Conference; below map, around * Mar. 8 to 22, 1946; microscopic Osborne Register Co. Cincinnati near bottom edge. Purpose: To establish, finally and "with haste," International Monetary Fund and International Bank for Reconstruction and Development, thus eliminating "gamble" in international financial transactions. Organization: In July 1944, at famous Bretton Woods, NH, Conference, 44 nations met to draw up Articles of Agreement to become operative Dec. 27, 1945. Resources of Fund and Bank are derived from subscription quota established for each nation. By time of this Conference, 38 countries had become members, increasing to 69 by Sept., 1958, and to 185 by June, 2007. Site, Dates, Attendance: General Oglethorpe Hotel, Wilming­ton Island, off Savannah; March 8 to 22, 1946. In attendance were 300 delegates from "most of the countries of the world." Comment: Fund and Bank function to promote international monetary cooperation, expansion of international trade and stability of exchange, to assist in establishment of multilateral system of payments for transactions between members and to permit members, under certain conditions, to draw upon resources of Fund for specified purposes. Bank began operations June 25, 1946; Fund commenced March 1, 1947. Medal: Sponsored by Savannah Junior Chamber of Com­merce; 25,000 struck by Osborne Register Co., Cincinnati, Ohio. At Conference dinner, staged by regular Chamber, a medal was placed at each plate; remainder sold from Junior Chamber headquarters for nominal price.

To follow or send a message to this user,
please log in