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Lot 30396

Image Information

Type Coin
Title Lot 30396
Date 1795
/Catalog #
Grade 65
Service NGC
Denomination CENT
Description 1795 1C Talbot Allum & Lee Cent MS65 Brown NGC. Fuld-1, W-8620, R.1. Unlike the 1794 issue, the 1795 Talbot, Allum & Lee cents did not circulate well, and large quantities piled up in the company's waterfront store. To dispose of the hoard, the firm sold thousands of pounds of the coins to the Philadelphia Mint in two lump sums, at 18 and 16.6 cents per pound respectively. As they did not widely circulate, 1795 pieces are not uncommon in Mint State condition, though Red and Brown specimens are rare. This piece is certified Brown, but showcases substantial copper-red luster amid the orange-brown patina on each side, with a strong cartwheel effect. The preservation is excellent, and the eye appeal is outstanding. Ex: Eric P. Newman Numismatic Education Society. Realized $2,232.50. Description courtesy of Heritage Auctions.

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