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Lot
1007

1776 $1 Continental Dollar, CURRENCY, Pewter AU58 PCGS....

2009 August Los Angeles, CA US Coin Auction #1128

 
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Auction Ended On: Jul 31, 2009
Item Activity: 10 Internet/mail/phone bidders
1,813 page views
Location:

Hyatt Regency Century Plaza
2025 Avenue of the Stars
Los Angeles, CA 90067

Description:
Desirable 1776 Continental Dollar, CURRENCY Variety
Newman 2-C, Hodder 2-A.3, AU58
1776 $1 Continental Dollar, CURRENCY, Pewter AU58 PCGS. Newman 2-C, Hodder 2-A.3, W-8455, R.4. The Continental Currency coins, traditionally called dollars, are the first actually issued by the U.S. government. Will Nipper writes in In Yankee Doodle's Pocket that "no early American coins are more famous than the so-called Continental 'Dollars' of 1776. These were, in fact, the only coins produced in significant numbers in America during the entire Revolution." The obverse and reverse motifs for the Continental Currency pieces are copies of the engraving that appears on colonial paper money. Fractional denominations [$1/6, $1/3, $1/2, and $2/3] of the Continental Currency paper money issue from the February 17, 1776 resolution carried the sundial motif on the face and the interlocking rings motif on the back.
The obverse of this desirable Continental Currency piece has a few slight marks below RE of CURRENCY, although the balance of the obverse and all of the reverse are pristine. Both sides have lustrous light gray surfaces with splashes of darker gray patina. Traces of its original fully mirrored fields are still visible on each side, especially close to the devices. A remarkable opportunity is presented here for the specialist or the colonial type collector. The current sale includes nine Continental Currency pieces. That is the same number that appeared in Part One of the John J. Ford, Jr. Collection, and also in Part Two of the Norweb Collection. We are unaware of any sales that have ever offered more examples of this historic coinage. (PCGS# 794)

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