You are here:
Treasure House > Monetary Value
| ||British sovereign, 1838
In his will James Smithson, an English scientist, provided for the establishment of the Smithsonian Institution. In 1838 his bequest105 bags of British gold sovereignswas shipped from England, and all but two sovereigns were melted down to produce new American coins. These two sovereigns, transferred from the U.S. Mint in 1923, have since come to symbolize the origins of the Institution.
Return to the Legacies Home Page