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Lot 3028

Image Information

Type Coin
Title Lot 3028
Date 1787
Side obverse
Grade 50
Service NGC
Service Catalog # 436
Denomination N YORK
Description 1787 COPPER Liber Natus, Excelsior Copper AU50 NGC. CAC. Breen-990, W-5795, High R.6. 171.4 grains, 99% copper per NGC metallurgical tests. Two varieties of the Liber Natus, Excelsior coppers are known, and both are offered in the present sale. The first variety offered here combines the standing Indian obverse with the New York Arms reverse. Typical survivors are in higher grades, suggesting that the variety saw little circulation. Just over a dozen examples of this variety are known. Based on John Ford's notes, Michael Hodder presented a preliminary census of this issue in the May 2004 Ford catalog, recording nine examples. We have refined and expanded that census here: {blockquote}1. MS65. Louis E. Eliasberg, Sr. Collection; Eliasberg Estate (Bowers and Merena, 5/1996), lot 58. 2. AU. Sarah Sophia Banks (1818); British Museum. 3. AU50 NGC. Eric P. Newman Collection. The present specimen. 4. AU. Lorin G. Parmelee (New York Coin & Stamp Co., 6/1890), lot 457; H.P. Smith (Chapman Brothers, 6/1906), lot 124; Col. James W. Ellsworth; John Work Garrett; Johns Hopkins University (Bowers and Ruddy, 11/1979), lot 601. 5. XF. F.C.C. Boyd Estate; John J. Ford, Jr. (Stack's, 5/2004), lot 312. 6. XF. Mickley Sale (W.E. Woodward, 10/1867); Bushnell Sale (Chapman Brothers, 6/1882), lot 888; Brand Collection. 7. Fine. William H. Woodin; Peter Gschwend (Thomas Elder, 4/1909); F.C.C. Boyd. 8. Fine. John G. Mills Collection (Chapman Brothers, 4/1904), lot 348. 9. VG. John Story Jenks (Henry Chapman, 12/1921), lot 5493. 10. VG. Norweb Collection, but not found in the catalogs of that collection. 11. Good. James Ten Eyck (B. Max Mehl, 5/1922), lot 816. 12. Poor. Thomas Warner (Chapman Brothers, 7/1891), lot 2094. 13. Plugged. New Netherlands Coin Co. (44th Sale, 6/1954), lot 71. 14. Holed. Matthew Stickney (Henry Chapman, 6/1907), lot 240.{/blockquote} Although this piece was cleaned many decades ago, both sides are now attractively and naturally toned to olive and light blue-steel. Trivial rim bruises are to be expected on these old coppers, but the obverse and reverse surfaces are outstanding. Ex: Eric P. Newman Numismatic Education Society. Realized $88125.00. Description courtesy of Heritage Auctions.

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