1787 COPPER New York Immunis Columbia / Large Eagle, Wide Planchet, Plain Edge, Breen-1136, W-5680, High R.7, MS64 Brown NGC....

"This new study indicates that the issue was struck circa late 1788-middle 1789 under the auspices of Matthias Ogden in the original Rahway mint, where New Jersey 16-S and 26-S had also been coined. It is probable that the entire issue was planned for circulation, and was not struck to support Matthias Ogden's March 3, 1787 coinage proposal, but rather, to provide Ogden with another source of revenue free from the 10% seigniorage payable to the state on the New Jersey coinage."

"Many New Jersey varieties are found struck over a wide array of undertypes, but it is extremely rare to find New Jersey coppers used as host coins. Only Maris 26-S and 35-J are known to have been used as host coins in a systematic manner, thereby suggesting that the overstriking actually took place in one of the New Jersey mints. Maris 26-S is therefore not only an attractive New Jersey variety, but it is also a coin that hints at the complexity and interrelationships of the coinages, mints, and the men involved. An IMMUNIS COLUMBIA certainly would make a logical supplement to a New Jersey collection, allowing its owner greater opportunity to consider the full complexities of the numismatic situation."