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1795 Washington Liberty & Security Penny, ASYLUM Edge, BN

Image Information

Type Coin
Title 1795 Washington Liberty & Security Penny, ASYLUM Edge, BN
Date 1795
Grade MS62
Service NGC
Service Catalog # 764
Denomination PENNY

(1795) PENNY Washington Liberty & Security Penny, Plain Rims, "Asylum" Edge, Baker-30, W-11050, Musante GW-45, R.2, MS62 Brown NGC. Die alignment: 190?. A lovely piece, at the high end of the condition census for these contemporary Washington tokens struck during his presidency. The "Asylum" designation refers to the edge lettering that reads: AN ASYLUM FOR THE OPPRESS'D OF ALL NATIONS. Beautiful bronze surfaces with pleasing red undertones and a crisp strike lend this example strong eye appeal. A couple of small nicks between the bust and the initial G of GEORGE are the only abrasions worth mentioning, and they are hardly distracting. The adjustment marks visible on the rims are artifacts of the production process. Struck from polished dies. These British-made tokens have been popular since their creation, and have been collected in Great Britain as part of the Conder token series in addition to having more obvious appeal to collectors here in the U.S. Only two pieces have been graded higher by NGC (7/17). Listed on page 86 of the 2018 Guide Book. Ex: Eric P. Newman Numismatic Education Society.

Heritage Newman IX, November 2017, lot 15055, realized $8400. Images and description courtesy of Heritage Auctions.

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Image Collection Eric P. Newman Collection, Part IX
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