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Auction 360 | Lot 6894 » Colonials
1652 SHILNG Oak Tree Shilling AU53 NGC. Noe-5, Crosby 2-D, R.2. 71.4 grains. The deep gunmetal-gray patina cedes to lavender color on the legends. The obverse is a bit off-center toward 6 o'clock, the reverse is well centered although the tops of AN in ENGLAND are not completely on the flan. A pleasing, unabraded example, somewhat wavy as made, with strong details on the tree. A late die stage with breaks at 12 o'clock on the obverse and 3 o'clock on the reverse. Slightly heavier than either of the Hain family pieces. Listed on page 24 of the 2005 Guide Book. (PCGS# 20)

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Auction 360 | Lot 6895 » Colonials
1652 SHILNG Pine Tree Shilling, Large Planchet AU53 PCGS. 69.75 grains. Noe-2, Crosby 4-F, R.5. The Large Planchet Pine Tree shillings are nearly always found on defective and undersized planchets. This is especially true for the Noe-2 variety. This example is a remarkable exception to the rule, and is every bit the equal of the Oechsner-Hain (Stack's, 1/02) example that was very well centered. In fact, this example shows even more of the lettering and has even nicer centering than the Hain coin. This lovely shilling has light gray surfaces with pale gold and faint blue toning. A flaw in the surface at M of MASATHVSETS and at the opposing point on the reverse is some type of flaw in the manufacturing process, and is seen to some extent on all nicely centered examples of this die combination. The location of this surface flaw is slightly different than on the Hain coin. Listed on page 24 of the 2005 Guide Book. (PCGS# 23)

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Auction 360 | Lot 6896 » Colonials
1652 SHILNG Pine Tree Shilling, Large Planchet AU53 PCGS. N-1, Cr. 12-I, R.2. 72.5 gns. The color and surfaces are attractive for this issue, with even light silver gray on both the obverse and reverse with a hint of peripheral blue. The strike is complete on the tree and denomination, and the peripheral lettering is clear where not clipped or off the edge of the planchet. Two straight edge clips are noted, one left, the other right on the coin, and a ragged planchet clip is seen at the base of the obverse, and another arcing clip at the top of the coin. Two scratches are worthy of note, one located at 7 o'clock on the obverse, the other at 3 o'clock on the I of IN. One other attribute is worthy of note, this particular coin shows the clashed O of DOM on the obverse very clearly and this is an early die state without the cud which later connects the 16 of the date. A very pleasing example of this ever popular type coin.
Ex: Robert Vlack on February 28, 1988; Hain Family Collection, (Stack's, 1/02), lot 90. (PCGS# 23)

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Auction 360 | Lot 6900 » Colonials
(1670-75) FARTH St. Patrick Farthing VF20 PCGS. Breen-212, 'sea beasts' below king, 'masonic' punctuation. A bold chocolate-brown piece, sharper than Breen's plate coin. A trio of dark spots on the reverse and a few minor pinscratches are typical of the grade. Listed on page 26 of the 2005 Guide Book. (PCGS# 42)

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Auction 360 | Lot 6901 » Colonials
1740-BB 1/2 SOU M French Colonies Half Sou Marque MS64 PCGS. Breen-690, "Very Scarce." The BB mintmark is associated with Strasbourg. While the Sou Marque is not rare as a French Colonies type, the Half Sou Marque is decidedly tougher to find. Most survivors are in low grades, and have patchy or absent silver wash, which is unbroken on the present near-Gem. A well and struck and beautiful piece, slightly wavy as made. The O in DOM is widely repunched. Listed on page 37 of the 2005 Guide Book. (PCGS# 158600)

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Auction 360 | Lot 6924 » Colonials
1778-1779 TOKEN Rhode Island Ship Token, No Wreath MS63 Brown PCGS. No Wreath. Breen-1139. This is the variety where the word vlugtende, garbled Dutch for fleeing, has been removed from the lower obverse border. The die would later be modified to place a wreath to replace vlugtende. Struck in brass but toned in medium brown hues. Well struck and glossy with attractive surfaces. Listed on page 35 of the 2005 Guide Book. (PCGS# 579)

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Auction 360 | Lot 6904 » Colonials
1787 1C Massachusetts Cent, Arrows in Left Talon XF40 PCGS. Ryder 3-G, R.3. Period after S, widely spaced 78 in date. A mahogany-brown representative with sharp details and a hint of granularity. Refreshingly unmarked. Listed on page 45 of the 2005 Guide Book. (PCGS# 302)

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Auction 360 | Lot 6905 » Colonials
1788 1C Massachusetts Cent XF40 PCGS. Ryder 1-D, R.3. A sharp and nearly unabraded example. The obverse has light verdigris near the legends and devices, and a couple of planchet streaks (as produced) are on the lower reverse. Listed on page 46 of the 2005 Guide Book. (PCGS# 311)

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Auction 360 | Lot 6907 » Colonials
1788 COPPER Connecticut Copper, Draped Bust Left VF Details, Corroded, NCS. Miller 14.2-A.2, R.6. The first strike was struck perhaps 10% off center toward 6 o'clock, the date off the flan. The second strike is approximately 50% off center toward 10 o'clock, centered at 11:30 relative to the first strike. Medium to dark brown in color, the surfaces are moderately granular but not atrocious. Listed on page 50 of the 2005 Guide Book. (PCGS# 409)

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Grade VF20

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Auction 360 | Lot 6908 » Colonials
1788 1/2P Machin's Mills Halfpenny AU Details, Obverse Scratched, Corroded, NCS. Vlack 23-88A, R.2. A well centered but evenly lightly porous example with consistent golden-brown color and sharp definition on the legends and devices. Several lengthy obverse pinscratches are apparent when viewed with a loupe. Listed on page 54 of the 2005 Guide Book. (PCGS# 472)

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Grade AU50

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Auction 360 | Lot 30017 » Colonials
1787 DBLN Brasher New York Style Doubloon. EB Punch on Breast. XF45 NGC. Lots 30011 through 30017 represent what is almost certainly the ultimate collection of coins related to Ephraim Brasher, the New York city gold and silversmith. Included are two colonial copper coins produced by John Bailey and punchlinked to the Brasher Doubloons, two gold coins from Brazil that each have an EB counterstamp, the important 1742-dated Lima Style Brasher Doubloon, the famous 1787 New York Style Brasher Doubloon with EB punched on the eagle's wing, and the unique 1787 New York Style Brasher Doubloon with EB punched on the eagle's breast.

In the Garrett Collection sale, this coin was called "the single most important coin in American numismatics." Today, its status is no different. Any coin that is unique can be considered an important coin. The importance also depends on the coin's position in the numismatic world. A Colonial American gold coin, one of two varieties intended for actual circulation, maintains a higher position in American numismatics than another coin which might be part of a long series of coinage issues. In his day, B. Max Mehl was fond of comparing certain rarities to that "King of American Coins," the 1804 dollar. Today, we have other coins that can provide a comparison. Certainly, we feel this coin is the equal of the 1804 silver dollar in terms of importance. It seems far more important than the unique 1870-S three-dollar gold piece, or the 1870-S half dime, or other unique coins. Is it as important as the 1933 double eagle? In our opinion, it is. Is it worth as much, or will it sell for as much as that coin recently sold for? We certainly hope so. In fact, we whole-heartedly agree with Dave Bowers' comments regarding the offering of this coin in the Garrett Collection. We feel that this coin is the single most important coin in American numismatics!

The Lilly-Smithsonian Brasher Half Doubloon

Lilly Specimen. Unidentified no (PCGS# 488)

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Grade XF45

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Auction 360 | Lot 6911 » Colonials
1787 COPPER New Jersey Copper, Small Planchet, Plain Shield AU50 Details, Corroded, NCS. Maris 39-a, R.2. The major devices are well struck, although portions of the date and PLURIBUS are faint. A reddish-brown example with intermittently granular fields. Listed on page 56 of the 2005 Guide Book. (PCGS# 506)

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Auction 360 | Lot 6912 » Colonials
1787 COPPER New Jersey Copper, Small Planchet, Plain Shield AU53 PCGS. Maris 46-e, R.1. A nicely detailed chocolate-brown state copper, undisturbed as a few pinscratches. Struck from notably clashed dies. Listed on page 56 of the 2005 Guide Book. (PCGS# 506)

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Auction 360 | Lot 6910 » Colonials
1787 COPPER New Jersey Copper, Outlined Shield XF40 PCGS. Maris 39-a, R.2. The low final 7 in the date and the die break in the center of the shield identify the die pairing. A medium brown State Copper with mint-made roughness on the left borders and an edge flaw (also as made) near 2 o'clock. Pleasing from a technical perspective, and certainly nicer than generally encountered. Listed on page 56 of the 2005 Guide Book. (PCGS# 503)

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Auction 360 | Lot 30016 » Colonials
1787 DBLN Brasher New York Style Doubloon. EB Punch on Wing. AU55 NGC. Lots 30011 through 30017 represent what is almost certainly the ultimate collection of coins related to Ephraim Brasher, the New York city gold and silversmith. Included are two colonial copper coins produced by John Bailey and punchlinked to the Brasher Doubloons, two gold coins from Brazil that each have an EB counterstamp, the important 1742-dated Lima Style Brasher Doubloon, the famous 1787 New York Style Brasher Doubloon with EB punched on the eagle's wing, and the unique 1787 New York Style Brasher Doubloon with EB punched on the eagle's breast.

Various theories have attempted to explain the purpose of the various Brasher Doubloons. Don Taxay suggested that they were struck from the dies intended for copper coinage, but that the gold version were intended as bribes for the New York State legislators who would favor Brasher and Bailey with a contract for the copper coinage. Taxay's comments probably came from Robert A. Vlack, in Early American Coins: "There is every reason to believe he [Brasher] contemplated expanding his profession to that of coinage as he filed a petition on February 11, 1787, with John Bailey, for the privilege of coining copper. It is reasonable to assume then, that these original dies were cut to serve more for a copper coinage for New York, than for a gold issue. This is supported by the fact that the dies were of the same size as that for the copper state coinage."

Another theory suggested that these coins were produced as souvenirs to visitors of Washington, who lived next door. The cataloger for RARCOA, in Auction '79, stated: "The logical conclusion, then, is that the coins were minted by Brasher to be sold as souvenirs. Brasher's shop was located at 1 Cherry Street (as listed in the 1787 New York Directory), directly next door to the 'first White House' where George Washington lived from his inauguration in April 1789 until February 1790. When important per (PCGS# 487)

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Auction 360 | Lot 30015 » Colonials
1742 DBLN Brasher Lima Style Doubloon. XF40 NGC. Lots 30011 through 30017 represent what is almost certainly the ultimate collection of coins related to Ephraim Brasher, the New York city gold and silversmith. Included are two colonial copper coins produced by John Bailey and punchlinked to the Brasher Doubloons, two gold coins from Brazil that each have an EB counterstamp, the important 1742-dated Lima Style Brasher Doubloon, the famous 1787 New York Style Brasher Doubloon with EB punched on the eagle's wing, and the unique 1787 New York Style Brasher Doubloon with EB punched on the eagle's breast.

Perhaps the single most important entry into the history of the Brasher Doubloon (specifically the Lima Style Doubloon), was published in the ANS Coinage of the Americas Conference series. "Ephraim Brasher's 1786 Lima Style Doubloon" was presented by Michael Hodder at the 1991 conference, and was published by the ANS in 1992 as part of Money of Pre-Federal America, edited by John M. Kleeberg.

Walter Breen suggested that the Lima Style Doubloons were produced after the New York Style pieces. In his Complete Encyclopedia, Breen noted: "Most likely their unfamiliar design [the New York Style Doubloons] met with resistance, so that Brasher substituted another design, imitating the then common Philip V Lima Doubloons; he hallmarked these similarly." This statement would probably still be taken as the truth except for the report of Michael Hodder who noted that the EB punch appearing on the Lima Style Doubloons is in an earlier die state, meaning they had to be struck first.

Regarding the Lima Style Doubloon, Hodder (p. 128) noted: "Another gold coin type which bears an 'EB' counterstamp has been known for nearly a century, the so-called 'Lima Style' Doubloon. Apart from a few auction catalogue descriptions of indifferent usefulness, and a report by the American Numismatic Society published in 1915, even less of value has been written about t (PCGS# 491)

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Grade XF40

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Auction 360 | Lot 6916 » Colonials
1786 COPPER Vermont Copper, VERMONTENSIUM XF40 PCGS. RR-7, Bressett 5-E, R.3. A bold example, since only the top of the plow shows any softness of strike. Tan color on the obverse center is framed by deeper brown patina, which is slightly granular on the reverse. Listed on page 57 of the 2005 Guide Book. (PCGS# 545)

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Grade XF40

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Auction 360 | Lot 6917 » Colonials
1786 COPPER Vermont Copper, VERMONTENSIUM MS62 Brown NGC. RR-7, Bressett 5-E, R.3. A sharply struck and well centered representative that generally has medium brown patina, although portions of the reverse border possess more reddish maroon color. A couple of small mint-made planchet flaws above the P in PUBLICA and inside the M in DECIMA are noted as pedigree markers.

There are three VERMONTENSIUM Landscape varieties, Ryder-6 through 8. Among these, RR-6 is certainly the most available, and RR-8 is probably more obtainable than RR-7 since the former has many more appearances than the latter in recent Heritage sales. In the recent Stack's Ford sale, Michael Hodder mentions that he has seen 122, 74, and 83 examples respectively of the Ryder 6, 7, and 8 varieties. Thus, it is fair to state that Ryder-7 is the toughest of the VERMONTENSIUM marriages. Listed on page 51 of the 2003 Guide Book.
Ex: Norweb Collection (Bowers and Merena, 10/87), lot 1272; purchased earlier from Richard Picker on 3/22/55. (PCGS# 545)

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Grade MS62

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Auction 360 | Lot 6919 » Colonials
1787 COPPER Vermont Copper, BRITANNIA XF45 PCGS. RR-13, Bressett 17-V, R.1. A popular muled type, which combines a Vermont copper obverse and a counterfeit British halfpenny reverse. A choice walnut-brown piece with a very sharp obverse and the usual weakness on the reverse legends, diagnostic for this variety. A later obverse die state that features a bisecting vertical crack and a die break at 5 o'clock. The reverse has a small lamination (as made) near 10 o'clock. Population: 4 in 45, 7 finer (11/04). Listed on page 58 of the 2005 Guide Book. (PCGS# 554)

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Auction 360 | Lot 6920 » Colonials
1787 COPPER Vermont Copper, Bust Left Fine 12 PCGS. Ryder-15, R.6. This is one of the rarest and most coveted of all Vermont copper varieties. Not only is it a classic rarity in the Vermont series, but Ryder-15 is the only 1787 variety with the bust facing to the left. Demand for this variety comes not only from variety specialists but also from collectors of major varieties listed in the Guide Book. The reverse die obviously lasted a very short time before it was retired due to the massive rim break that formed over the date. There is no doubt that this die could only have struck a few coins. Today, only 19 or 20 examples of this variety are known. The cataloger of the Ford Collection noted that 19 examples were known to him; however, it is likely that he was unaware of this example, which has been hidden away for several decades according to our consignor.

We believe that this example is undergraded by PCGS as it is virtually identical in quality to the Ford coin, lot 40 in that sale and graded VF by Stack's. The Ford coin was described as one of the finest known examples, exceeded in quality by just three or four others. The surfaces are lovely olive brown with slightly lighter tan color on the highpoints. A few minor planchet fissures are expected on these coins. Light abrasions are noted on both sides, strictly consistent with the grade. The obverse has a faint but clearly visible die crack from the right bottom of U to the back of the head, a later die state than Ford or any other examples that we have observed. This is similar to later die state examples of Ryder-11 that were struck from the same obverse die.

In the November 1991 Bowers and Merena sale of the Frontenac Collection, Michael Hodder compiled an updated census of known examples, which we have summarized: 1. William Anton Collection. XF. Ex Guggenheimer, lot 4; 2. William Anton Collection. VG/VF; 3. Richard August Collection. VF/XF. 4. Q. David Bowers Collection. VF. Struck over Ryder-4; 5. B (PCGS# 557)
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Grade F12

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Auction 360 | Lot 30012 » Colonials
1787 COPPER Nova Eborac Copper, Seated Left MS63 Brown PCGS. Breen-986. Lots 30011 through 30017 represent what is almost certainly the ultimate collection of coins related to Ephraim Brasher, the New York city gold and silversmith. Included are two colonial copper coins produced by John Bailey and punchlinked to the Brasher Doubloons, two gold coins from Brazil that each have an EB counterstamp, the important 1742-dated Lima Style Brasher Doubloon, the famous 1787 New York Style Brasher Doubloon with EB punched on the eagle's wing, and the unique 1787 New York Style Brasher Doubloon with EB punched on the eagle's breast.

The obverse portrait faces to the right with NOVA left and EBORAC right. Three rosettes separate the legend with one preceding NOVA, another following EBORAC, and the third separating these words, to the left of the head. The reverse has the seated figure facing to the viewer's left with the date in exergue below, and the legend VIRT. ET. LIB., preceded and followed by rosettes. The abbreviated legend represents VIRTUS ET LIBERTAS, which is translated to Strength and Freedom. Little is known of the origins of the Nova Eboracs, an unauthorized part of the state coinage of New York. Breen notes that the letter punches and rosette punches match those found on the Brasher Doubloons, establishing a connection between these two issues. John Bailey, who was associated with Ephraim Brasher, is generally considered the individual who produced these pieces. See lot 30011 for additional information about the coinage proposals of Brasher and Bailey.

This is a splendid example with attractive olive-brown color and iridescent toning. The surfaces are glossy and lustrous despite microscopic roughness and traces of verdigris. Although not fully struck, there is considerable strength in details that are usually not visible, including the head of Columbia on the reverse. (PCGS# 801)

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Grade MS63

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Auction 360 | Lot 30013 » Colonials
Brazil 1600 Reis [1 escudo]. 1727M. Fine to VF with minor surface problems. Lots 30011 through 30017 represent what is almost certainly the ultimate collection of coins related to Ephraim Brasher, the New York city gold and silversmith. Included are two colonial copper coins produced by John Bailey and punchlinked to the Brasher Doubloons, two gold coins from Brazil that each have an EB counterstamp, the important 1742-dated Lima Style Brasher Doubloon, the famous 1787 New York Style Brasher Doubloon with EB punched on the eagle's wing, and the unique 1787 New York Style Brasher Doubloon with EB punched on the eagle's breast.

Cleaned and now bright yellow gold with lilac toning in three prominent splashes on the obverse. Some light edge problems with a later void in the planchet at 8 o'clock. Plugged and counterstamped by Ephraim Brasher, with EB in an oval at the center of the obverse. Struck at the Minas Gerais Mint. Standard for the issue was 3.58 grams of .917 fine (22K) gold. This example weighs 3.48 grams, just a tenth of a gram light. This is the first date of issue for this type with the head of John VI facing right, and it is a scarce date among coins of this type.

Types of Coins in Circulation in Colonial America

Immigrants to America brought their possessions with them, which would have included any coinage they had, from their native lands. It is this coinage that became the base for a circulating money in the colonies, and this coinage would have been roughly proportional to the number of immigrants from any given country. Eventually, the export of goods to foreign lands resulted in additional gold and silver being imported to colonial America as well. In Money of the American Colonies and Confederation, Philip L. Mossman (p. 29) notes: "While the ready availability of hard coin fluctuated because of cyclical inflationary and recessionary periods, there was a chronic shortage of small denominational currency for daily business."< (PCGS# 801)

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Auction 360 | Lot 30014 » Colonials
Brazil 6400 Reis [4 Escudos]. 1754-B. AU. Lots 30011 through 30017 represent what is almost certainly the ultimate collection of coins related to Ephraim Brasher, the New York city gold and silversmith. Included are two colonial copper coins produced by John Bailey and punchlinked to the Brasher Doubloons, two gold coins from Brazil that each have an EB counterstamp, the important 1742-dated Lima Style Brasher Doubloon, the famous 1787 New York Style Brasher Doubloon with EB punched on the eagle's wing, and the unique 1787 New York Style Brasher Doubloon with EB punched on the eagle's breast.

Joseph I faces to the right, with this piece plugged and counterstamped by Ephraim Brasher, with EB in an oval over the ear of Joseph. Struck at the Bahia Mint. Light cleaned with minor abrasions. The surfaces have rich greenish-yellow color with splendid peripheral lilac and iridescent toning. Standard for this issue was 14.3234 grams of .917 fine gold. With the plug, this example weighs 11.73 grams, somewhat underweight. The edge shows full reeding, suggesting that this has not been clipped. Is it possibly a circulating counterfeit?

Need for Assay

This circulation of gold coinage eventually brought about a need to check the actual value of gold or silver contained in the various coins. As different coinages had differing standards, it was difficult to regulate the actual exchange of these coinages, for other money or for goods, unless it was known exactly what each represented. To further confuse matters, the various colonies all had their own comparative value of various circulating money and local currencies. Tables were published that provided the relative value in pence of the various coinages in each of the colonies. In Monies of the American Colonies and Confederation, Philip Mossman (p. 257), reproduced a table that originally appeared in The Connecticut Journal for July 22, 1789, showing the relative rates of foreign coins that were (PCGS# 801)

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Auction 360 | Lot 6926 » Colonials
(1792-94) TOKEN Kentucky Token, Plain Edge MS65 Brown NGC. Breen-1155. A lovely prooflike Gem, the golden-brown surfaces reveal hints of lime-green and rose hues. OUR CAUSE IS JUST is bold, unlike most examples encountered. A trio of slender die cracks (as struck) creep from the scroll. A popular Early American issue, these pieces were presumably struck sometime between 1792 and 1796, after Kentucky became a state but before Tennessee was admitted. Listed on page 61 of the 2005 Guide Book. (PCGS# 614)

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Auction 360 | Lot 6928 » Colonials
1794 Cent Talbot, Allum & Lee Cent, NEW YORK PR65 Brown PCGS. Breen-1032, Fuld 4. A needle-sharp Gem that is obviously a specimen striking, since the fields are decidedly reflective and the strike is clearly superior to business strikes of the type. Lovely rose, sea-green, and electric-blue colors grace this unmarked Gem. A few tiny strike-thrus are of mint origin. PCGS has only certified a handful of proof 1794 Talbot, Allum & Lee Cents. Listed on page 62 of the 2005 Guide Book. (PCGS# 90634)

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