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Lot
4100

1776 $1 Continental Dollar, CURRENCY, Pewter AU58 PCGS. Newman 2-C, W-8455, R.3....

2013 April 24 - 28 CSNS US Coin Signature Auction - Chicago #1184

 
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Auction Ended On: Apr 25, 2013
Item Activity: 13 Internet/mail/phone bidders Number of Bidders
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Location: Renaissance Schaumburg Convention Center Hotel
1551 North Thoreau Drive
Schaumburg, IL 60173

Description:
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1776 Continental Dollar, AU58
Newman 2-C, CURRENCY
1776 $1 Continental Dollar, CURRENCY, Pewter AU58 PCGS. Newman 2-C, W-8455, R.3. This is the variety with RR in CURRENCY, having that word correctly spelled. Other varieties have just one R in CURENCY, or with an extra E as CURRENCEY. Examples are also known from a signed obverse die with EG FECIT. Those with CURENCY are the most plentiful, and the CURRENCEY coins are the rarest. The RR dollars are somewhat more available than the EG FECIT pieces. Although a few examples are known in brass and silver, nearly all Continental dollars that survive today are made of pewter.

Although various alloys exist, pewter typically consists of 85% to 95% tin, with the balance composed of copper or lead, although antimony, bismuth, and silver are sometimes also used. We are unaware of any metallurgical testing of the pewter pieces, although such an undertaking would prove informative. Perhaps one of the grading services may undertake such a study. We suspect that these pieces will prove to be "Ley Metal" which consisted of approximately 85% tin and 15% lead.

The dark silver-gray color is blended with splashes of lighter gray luster on both sides of this near-Mint specimen. Hints of champagne toning add to its eye appeal. Minor handling marks on each side of this piece are consistent with a nearly 240-year-old coin. Listed on page 85 of the 2013 Guide Book. Population: 10 in 58, 14 finer (3/13). (PCGS# 794)

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