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'1771' Machin's Mills Halfpenny, BN


Image Information

Type Coin
Title '1771' Machin's Mills Halfpenny, BN
Date 1771
Grade F12
Service NGC
Service Catalog # 448
Denomination 1/2 P
Description

1771 1/2 P Georgivs III, Machin's Mills Halfpenny, Vlack 4-71C, W-7690, R.7, Fine 12 NGC. Die alignment: 150?. This is an exceptional example of a rare die variety within the Machin's Mills series, with a strong claim to a higher overall grade than that assigned. Dark brown fields with tan highlights provide good eye appeal to this well-struck piece. The obverse die is noteworthy for the deeply engraved bust, its primary diagnostic. The reverse die, only used in this combination, already suffers from a rim cud between 3 o'clock and 4 o'clock as well as the distinctive retained cud at the front of Britannia's throat, both of these being strong indications that the die could not be used much longer and explaining the rarity of this variety. Close examination shows incipient die buckling as well. Discovered by Richard August in 1964, there would appear to be only seven or eight known specimens of this die variety, which was lacking from the Ringo collection. This example was purchased from August in 1969, at which time Eric P. Newman indicated on his envelope that there were two known. A fascinating halfpenny. Listed on page 69 of the 2018 Guide Book. Ex: Richard August (1969); Eric P. Newman Numismatic Education Society.

Heritage Newman IX, November 2017, lot 15032, realized $6000. Images and description courtesy of Heritage Auctions.

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