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    Description

    (1790) Albany Church Penny, XF Details
    W-8500 Variety With D Over CHURCH

    (1790) PENNY Albany Church Penny, D Above CHURCH, Breen-1170, W-8500, R.7 -- Rim Damage -- NGC Details. XF. Attractive chocolate brown coloration and smooth, hard surfaces enhance the eye appeal of this classic rarity. The Albany Church Penny is known in two varieties, with and without a script "D" over the word CHURCH. The meaning of the "D" remains uncertain. It is frequently said to stand for the Latin "denarium" (penny), but this appears to be speculative. Others have suggested that it was the initial of a pastor or church official, but the pastor at the time was the Rev. John McDonald and there appears to be no other obvious connection with an elder of the congregation. The two varieties appear to be comparable in rarity. Indeed, combining the populations graded by the two main services leaves us with eight examples with the "D" and eight without (7/17). This piece has obvious and deliberate rim damage, but the design features are undisturbed and it retains much of its charm as among the most mysterious of early American issues. Listed on page 77 of the 2018 Guide Book.
    Ex: Eric P. Newman Numismatic Education Society.

    Coin Index Numbers: (NGC ID# 2B5R, PCGS# 610)


    View Certification Details from NGC

    Auction Info

    Auction Dates
    November, 2017
    1st-3rd Wednesday-Friday
    Bids + Registered Phone Bidders: 16
    Lot Tracking Activity: N/A
    Page Views: 1,203

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    Truth Seeker: The Life of Eric P. Newman (softcover)
    A powerful and intimidating dealer of the 1960s, backed by important colleagues, was accused of selling fraudulent gold coins and ingots to unsuspecting numismatists. Who would go up against a man like that and, over the course of decades, prove the fraud? Who would expose a widely respected scholar as a thief, then doggedly pursue recovery of coins that the scholar had stolen from an embarrassed numismatic organization, all over the objections of influential collectors who had bought coins with clouded titles? Eric P. Newman would - and did. Reserve your copy today.
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