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1694 TOKEN Carolina Elephant Halfpenny, PROPRIETORS XF45 NGC. Hodder 2-F, W-12120, R.6. ...
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Description
1694 Carolina Elephant Token, XF45
Corrected PROPRIETORS Reverse
Hodder 2-F
1694 TOKEN Carolina Elephant Halfpenny, PROPRIETORS XF45 NGC.
Hodder 2-F, W-12120, R.6. 143.4 grains. Three basic versions of
the Elephant halfpence are the London, Carolina, and New England
varieties, all sharing a common obverse design. Each is important
in the field of American colonial coinage, and all three are
recorded in the Betts reference on historical American medals.
Although some have questioned the American connection of the London
pieces inscribed God Preserve London, there is no doubt of the
connection between the Carolina pieces and the American colonies.
It is believed that all dies for the Elephant coppers were engraved
by the famous Rottier family who worked at the Royal Mint.The Carolina pieces are usually identified from two reverse dies, the first with the misspelling PROPRIETERS and the second with an O punched over the E to correct that spelling. Although described in most references as different dies, the placement and shape of all lettering is nearly identical, suggesting that a single reverse die was corrected after a small production of the misspelled pieces. The rarity of the PROPRIETERS pieces is due to the misspelling, while the rarity of the corrected die coins is likely the result of a die that soon shattered and broke apart.
This remarkable example, a pleasing Choice XF Carolina Elephant token, has smooth, problem-free surfaces that display a lovely blend of tan and dark chocolate toning, with excellent centering and minimal marks. While there is no detailed census of this variety, the majority of pieces appearing in auctions over the last two decades fall in the VG to VF range. XF or finer examples, such as the Eric P. Newman coin, are extremely rare.
Ex: B. Max Mehl (11/1954); Eric P. Newman Numismatic Education Society.
Coin Index Numbers: (NGC ID# 2ATW, PCGS# 73)
Learn more at the Newman Numismatic Portal at Washington University in St. Louis.
Auction Info
Buyer's Premium per Lot:
17.5% of the successful bid (minimum $14) per lot.
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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