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Lot
1944

1787 COPPER New York Excelsior Copper, Eagle Left AU55 PCGS....

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

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Ended: May 28, 2008
Item Activity: 12 Internet/mail/phone bidders
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Description:

Important Choice AU 1787 Excelsior Copper
New York Arms, Eagle on Globe Left, Eagle Reverse

1787 COPPER New York Excelsior Copper, Eagle Left AU55 PCGS. Breen-980. The eagle on the globe faces left, while the large eagle on the reverse gazes right. Students of Early American numismatists can promptly name many similarities that the Excelsior coppers share with the legendary Brasher doubloons. Both issues are dated 1787. Designs for both have a similar eagle motif on the reverse, although the eagle faces left on the Brashers, and the arrows are less tightly grouped. EXCELSIOR appears on the obverse exergue of both series, and the obverse shield of the coppers displays a reduced scale rendition of the Brasher obverse sun and mountains design. Both issues are credited to engraver John Bailey.
All varieties of Excelsior coppers are very rare to extremely rare. By the standards of the series, Breen-980 is collectible. The variety with the eagle on globe facing right is slightly more rare, while varieties that feature an Indian, George Clinton, or transposed arrows and branches are so rare that they are mostly known from Guide Book photographs. This chocolate-brown example displays light central wear, and is smooth aside from a small dark dig on the eagle's shield. It is the single finest certified by PCGS (3/08), and none have been certified by NGC. Listed on page 62 of the 2008 Guide Book.
Ex: Benson Collection Part II (Ira and Larry Goldberg, 2/02), lot 12, which realized $24,150; FUN Signature (Heritage, 1/2007), lot 736, which realized $34,500.
From The Liberty Collection of American Colonial Coinage, Part Three.
(#427)

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Previous Prices from Heritage Auctions

Lot Date Grade Service Realized
Auction 422, Lot 736 Saturday, January 6, 2007 55 PCGS $34,500.00
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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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Heritage delivers Value - $677,151,374 sold at auction and in private treaty sales over the past 12 months.

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