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    Description

    (1795) Washington Liberty & Security Penny
    Distinctive MS62 Brown

    (1795) PENNY Washington Liberty & Security Penny, Plain Rims, "Asylum" Edge, Baker-30, W-11050, Musante GW-45, R.2, MS62 Brown NGC. Die alignment: 190°. A lovely piece, at the high end of the condition census for these contemporary Washington tokens struck during his presidency. The "Asylum" designation refers to the edge lettering that reads: AN ASYLUM FOR THE OPPRESS'D OF ALL NATIONS. Beautiful bronze surfaces with pleasing red undertones and a crisp strike lend this example strong eye appeal. A couple of small nicks between the bust and the initial G of GEORGE are the only abrasions worth mentioning, and they are hardly distracting. The adjustment marks visible on the rims are artifacts of the production process. Struck from polished dies. These British-made tokens have been popular since their creation, and have been collected in Great Britain as part of the Conder token series in addition to having more obvious appeal to collectors here in the U.S. Only two pieces have been graded higher by NGC (7/17). Listed on page 86 of the 2018 Guide Book.
    Ex: Eric P. Newman Numismatic Education Society.

    Coin Index Numbers: (NGC ID# CC42, PCGS# 764)


    View Certification Details from NGC

    Auction Info

    Auction Dates
    November, 2017
    1st-3rd Wednesday-Friday
    Bids + Registered Phone Bidders: 25
    Lot Tracking Activity: N/A
    Page Views: 1,910

    Buyer's Premium per Lot:
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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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