LOT #3647 |
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1776 $1 Continental Dollar, CURENCY, Pewter AU58 PCGS. CAC. Newman 1-C, W-8445, R.3....
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Sold on Aug 14, 2019 for:
$78,000.00
Bid Source: HA.com/Live bidder
Description
1776 Continental Dollar, AU58
Newman 1-C, Die Crack at FUGIO
Well-Preserved and Attractive, With CAC
1776 $1 Continental Dollar, CURENCY, Pewter AU58 PCGS. CAC.
Newman 1-C, W-8445, R.3. Two die marriages of Continental
dollars exist with a missing R in CURRENCY (spelled CURENCY) --
Newman 1-B and 1-C. This is the latter variety, struck in pewter,
with a die crack joining the tops of GI in FUGIO. The lack of a
pellet-shaped die lump at the center of Pennsylvania's reverse ring
confirms the variety, which shares its obverse with the rare Newman
1-B.The intertwined ring borders were strengthened on the 1-C reverse die, appearing as solid lines, while the similar 1-B variant shows prominent, crude dots beneath the ring borders. Among the popular CURRENCY misspellings, the present 1-C variety struck in pewter is by far the most available issue for collectors.
This is a wonderfully preserved example, with rich slate-gray toning punctuated by silver-gray luster in protected areas. Glimpses of reflectivity add cameo-like eye appeal. Virtually all of the complex motifs and delicate lettering are not only complete, but sharp as well. The coin is almost perfectly centered with full dentils, except in a brief obverse area between 2 and 4 o'clock. It is struck on a good, hard flan and visually free of corrosive effects. The medal-turn reverse is rotated 90° clockwise.
Accounts of the Continental Currency coinage have always been clouded by speculation and educated guesses. Recent research suggests that, like some other Colonial issues, the pieces may have been struck in Europe and imported to the Colonies; however, there are those who maintain that the mintage occurred on American soil, either in New York or at other locations, the timing and circumstances influenced by the fall of New York to the British on October 28, 1776.
One fact remains constant. There has been no significant change in the availability of Continental dollars regardless of its mintage location. The design and legends are clearly of American origin. Listed in the 2020 Guide Book on page 87.
Coin Index Numbers: (NGC ID# 2AYN, PCGS# 791, Greysheet# 76)
Auction Info
2019 August 14 - 18 ANA World's Fair of Money US Coins Signature Auction - Chicago #1298 (go to Auction Home page)
Auction Dates
August, 2019
14th-18th
Wednesday-Sunday
Bids + Registered Phone Bidders: 15
Lot Tracking Activity: N/A
Page Views: 1,455
Buyer's Premium per Lot:
20% of the successful bid per lot.
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