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Lot 3007


Image Information

Type Coin
Title Lot 3007
Date 1783
Side reverse
Grade 3
Service Details NGC
Service Catalog # 597
Denomination SHILNG
Description 1783 SHLNG Chalmers Shilling, Rings--Holed--NGC Details. AG. Breen-1010, W-1795, R.7. Ex: "Col." E.H.R. Green. 52.5 grains, 91% silver, 8% copper, per NGC metallurgical tests. There are only five known examples of this extremely important Chalmers variety, including this example, the Lauder coin that is plugged, one from the Norweb Collection (donated by the family to the Smithsonian Institution), the Garrett piece, and the Mickley-Ford example that was the only one known to Crosby. He wrote: "The shilling first to be described is supposed to be unique. ... At the sale of the Mickley collection (No. 2527,) it brought fifty dollars: as its present owner is unknown to us, no further particulars regarding it can be given." The obverse of the Rings shilling has the central cursive inscription "Equal to One Shi" above clasped hands, with the date and peripheral legend I. CHALMERS ANNAPOLIS. The reverse has a circle of 12 intertwined rings with a 13th ring inside the circle at the bottom. Stars appear inside 11 of the 12 outer rings, with a Divine Eye, a Liberty cap on a pole, and two additional stars at the center. {blockquote}Census of the Five Known Rings Shillings: 1. VF-XF. The discovery coin. Joseph J. Mickley Collection (W.E. Woodward, 10/1867), lot 2527; a bidder named Stephens; Charles Ira Bushnell Collection (Chapman Brothers, 6/1882), lot 997; Lorin G. Parmelee Collection (New York Coin & Stamp Co., 6/1890), lot 297; Robert C.W. Brock; University of Pennsylvania; P.H. Ward; Harry Forman; John J. Ford, Jr. (Stack's, 5/2004), lot 281. 2. F-VF. Henry Chapman (discovered in March 1906); John Story Jenks (Henry Chapman, 12/1921), lot 5521; John Work Garrett; Johns Hopkins University (Bowers and Ruddy, 10/1980), lot 1313. 3. Unknown Grade. Norweb Family (1983); Smithsonian Institution. This piece may be the example that appeared earlier in the Ulex Collection (Lyman Low, 7/1902), lot 103, described as "fairly rated as good." 4. AG, holed. The present specimen. Eric P. Newman Collection, per the provenance below. This piece is possibly the example that first appeared at the 1919 ANA Convention. 5. Poor/VG, plugged. S.W. Freeman (Richmond, Virginia, 1939); Loye Lauder (William Doyle Galleries), lot 177.{/blockquote} Despite its condition, collectors and numismatists will relish the opportunity to acquire the Eric P. Newman example of the Chalmers Rings Shilling. This piece combines pewter-gray surfaces with attractive champagne and steel toning. Ex: "Colonel" E.H.R. Green; Green Estate; Partnership of Eric P. Newman / B.G. Johnson d.b.a. St. Louis Stamp & Coin Co.; Eric P. Newman @ $25.00; Eric P. Newman Numismatic Education Society. Realized $44062.50. Description courtesy of Heritage Auctions.

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Image Collection Eric P. Newman Collection, Part V
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