LOT #4311 |
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(1785) COPPER Bar Copper AU58 PCGS. Breen-1145, W-8520, R.4....
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Sold on Jun 6, 2013 for:
$18,800.00
Bid Source: HA.com/Live bidder
Description
(1785) Bar Copper, AU58, W-8520
Early Federal 'Cent' Substitute?
(1785) COPPER Bar Copper AU58 PCGS. Breen-1145, W-8520, R.4.
The Bar coppers are among the least-understood items of the early
Federal period of U.S. coinage, generally thought to have been made
in England (probably at Boulton and Watt's Soho Mint in Birmingham)
but by an American, perhaps in observance of New York becoming the
new nation's capital in January 1785.Will Nipper writes in In Yankee Doodle's Pocket that "given the date of their first known appearance, the minting of bar coppers probably occurred at about the same time that the Coinage Act of 1785 was being passed (i.e., July 6). Since it was not until August 8, 1786, that new regulation created and named cents and half cents, the old custom of calling bar coppers 'cents' clearly is inaccurate." PCGS continues the old tradition on this newly encapsulated chocolate-brown piece. One of the bars shows an apparent planchet flaw. Listed on page 74 of the 2013 Guide Book.
Coin Index Numbers: (NGC ID# 2B5J, PCGS# 599, Greysheet# 351)
Auction Info
2013 June 5 - 9 US Coin Signature Auction - Long Beach #1186 (go to Auction Home page)
Auction Dates
June, 2013
5th-9th
Wednesday-Sunday
Bids + Registered Phone Bidders: 14
Lot Tracking Activity: N/A
Page Views: 1,235
Buyer's Premium per Lot:
17.5% of the successful bid per lot.
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