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1737 COPPER Higley Copper, CONNECTICVT VF25 PCGS....

Lot: 1861, Auction: 2008 May Long Beach, CA Signature Auction #1108

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Ended: May 28, 2008
Item Activity: 8 Internet/mail bidders
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Description:

Worthy VF25 1737 Higley Copper
CONNECTICVT, Freidus 1.2-A, Breen-238

1737 COPPER Higley Copper, CONNECTICVT VF25 PCGS. Crosby-18, Breen-238, Freidus 1.2-A. 130.4 grains. The CONNECTICVT is the first Higley variety, struck before presumed local complaints compelled the change in the obverse legend, from THE VALVE OF THREE PENCE to VALVE ME AS YOU PLEASE. The reverse legend changed as well on later varieties, from CONNECTICVT to I AM GOOD COPPER, and finally to J CUT MY WAY THROUGH. The latter variety bore an ax instead of the three hammers.
Dr. Samuel Higley had a degree from Yale, and owned a copper mine. Coinage apparently continued after Higley's untimely death in a 1737 shipwreck, since a 1739-dated variety is known. The Higley family was one of the few coiners in the American colonies prior to the Revolutionary War. All Higley coppers are very rare and highly desirable, and authentication is mandatory since counterfeits and electrotypes are often deceptive.
The present example is boldly detailed for a Higley copper. Except for THE, the obverse legends are clear. The deer and hammers have pleasing definition, and the reverse legends are bold aside from the bottom of the 737 in the date. The surfaces are moderately granular, as Higleys are typically encountered, and the color alternates from golden-brown to ebony. A pair of old curved pinscratches reach the deer's antlers. The present piece was housed in a VF35 NGC holder for its San Francisco ANA Heritage auction appearance, and has since been conservatively assessed by PCGS. Listed on page 46 of the 2008 Guide Book.
Ex: F.C.C. Boyd; John J. Ford, Jr. Collection, Part II (Stack's, 5/2004), lot 268; San Francisco ANA (Heritage, 7/2005), lot 10078; Troy Wiseman Collection, Part Two (Heritage, 1/2007), lot 726, which realized $63,250.

From The Liberty Collection of American Colonial Coinage, Part Three. (#201)

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Previous Prices from Heritage Auctions

Lot Date Grade Service Realized
Auction 422, Lot 726 Saturday, January 6, 2007 25 PCGS $63,250.00
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PLEASE NOTE: All prices realized reflect the final hammer price PLUS the buyer's premium in auctions that charge a buyer's premium. Each item has a notation at the top of the listing indicating whether that lot included a buyer's premium. All information listed is intended to be as accurate as possible, but errors are possible. Please use this guide carefully and inform us of any inaccuracies.

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