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Description

1868 Postage Currency Pattern in Copper
Judd-645, PR67 Brown
Thin Planchet, Probably Unique as Such

1868 10C Ten Cents, Judd-645, Pollock-717, Cassel-28, High R.7, PR67 Brown PCGS. 28.1 grains. Ex: Bass. A rare Postage Currency related pattern, dated 1868. The obverse displays the expected central shield with diagonal arrows behind, EXCHANGED FOR above and U.S. NOTES below. The reverse is a variant of the adopted design with the central wreath surrounding ONE DIME, a six-pointed star above and the date below. Struck in copper, medallic alignment on a thin planchet, and with a plain edge. This appears to be the only thin planchet, light weight example known of this pattern. At least one thick planchet coin exists and possibly two exist at 38.6 grains. This seldom-seen 1868 Postage Currency pattern has two distinctive characteristics. The first is the previously mentioned misdated date punch used -- the coin having actually been struck in 1863 -- and showing a pronounced lack of die cracking seen on later 1863 strikes. Second is the curious double-struck reverse. There is approximately 5 degrees of rotation between the first and second strike, and no evidence of double striking on the obverse. SEM-EDX testing conducted by QC Metallurgical on certificate number 60863.67/5500641 showed this piece to be almost pure copper. The exact breakdown is 97.65% copper and 2.35% iron. The surfaces on this piece are nothing less than spectacular. The PR67 grade tells much more about the appearance than does the Brown designation. Each side has an inescapable deep blue patina and the deeply mirrored fields further enhance the vibrancy of the color. What is not stated on the insert is the contrast present on each side, but the fields and devices display a stark cameo effect. The surfaces are almost perfectly preserved.
Ex: The Palace Collections of Egypt - Farouk (Sotheby's, 2/1954), lot 1815; Sol Kaplan; Harry X Boosel Collection (RARCOA, 1/1973), lot 589; Brinton T. Schorer to Harry Bass (5/3/1973); Harry Bass Collection, Part I (Bowers and Merena, 5/1999), lot 1086; David Cassel.
From The David Cassel Collection.

Coin Index Numbers: (PCGS# 60863, Greysheet# 13119)


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Auction Info

Auction Dates
August, 2015
12th-16th Wednesday-Sunday
Bids + Registered Phone Bidders: 20
Lot Tracking Activity: N/A
Page Views: 1,070

Buyer's Premium per Lot:
17.5% of the successful bid per lot.

Sold on Aug 14, 2015 for: $14,687.50
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