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One-hundred-dollar hat

One-hundred-dollar hat

June 29, 1965: Ivy Baker Priest, the former treasurer of the United States, wears a “money hat” to announce her candidacy for state treasurer. The hat was made of 100 silver certificates.

Los Angeles Times Political writer Carl Greenberg reported:

Ivy Baker Priest, whose facsimile signature on U.S. currency–always a collector’s item–became familiar during the Eisenhower administration, wants to sign her name to California bonds at “State Treasurer.”

The 59-year-old statuesque former treasurer of the United States announced her candidacy Tuesday for the Republican nomination to the state post. The Times disclosed last February that she would run for the job now held by Democrat Bert A. Betts, expected to be a third-term contender.

It’s the first time a woman has sought the office….

After posing for photographers wearing a hat made of 100 rapidly-disappearing $1 “silver certificates” bearing her signature and presented by Zonta International, Mrs. Priest (that’s how she’ll campaign), said her objective will be to “make wise investments to secure the maximum interest” for the people’s money.

This photo above, by staff photographer R.L. Oliver, was published in the June 30, 1965, Los Angeles Times.

Mrs. Priest won and served two terms as California State Treasurer until her death in 1975.

Nov. 11, 1966: Ivy Baker Priest with her money hat after being elected California State Treasurer. This photo was published in the Dec. 18, 1966, Los Angeles Times. Credit: Harry Chase/Los Angeles Times

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