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    Description

    1776 Continental Dollar, VF Details
    Newman 1-A, Dotted Rings
    Unique and Unlisted in Pewter

    1776 $1 Continental Dollar, CURENCY, Dotted Rings, Pewter -- Edge or Rim Damage -- PCGS Genuine. Newman 1-A, W-Unlisted, Unique. The Dotted Rings variety (Newman 1-A) was the first produced Continental dollar. Previously, the variety was only known by three examples in brass, offered respectively as lot 955 in the Brand Estate June 1984 Bowers & Merena auction and reappearing in the present sale within the Partrick Collection offering, lot 2450 in the March 1988 Bowers & Merena auction of the Norweb Collection, and lot 3036 in our recent November 2014 Eric P. Newman Signature auction. Newman 1-A has never been as much as rumored to exist in pewter or tin format prior to the consignment of the present piece.

    The distinctive feature of Newman 1-A is that the 13 reverse rings, one for each of the former colonies, are comprised of many tiny beads. Entering those beads was undoubtedly a laborious task for the die engraver, and the reverse die was altered by the maker (Newman 1-B) to turn the beaded rings into circular lines. On high grade examples, such as lot 3037 from our November 2014 Newman Signature, remnants of the beads remain evident when viewed beneath magnification. The two subsequent reverse dies, Newman's C and D, exhibit circular lines without beads.

    On the present pewter example of Newman 1-A, all 13 rings are beaded with no hint of the later die modifications to the rings. The dies are rotated approximately 45 degrees counter-clockwise from medal turn. The diameter is slightly wider than the Newman lot 3036 example of Newman 1-A, which has the upper obverse letters, and the Massachusetts and New Hampshire rings, closer to the edge. The other two known brass Newman 1-A examples have diameters similar to the Newman specimen, with incomplete rims. The raised rim is complete on the present piece, which indicates that it was better centered when struck than the three brass examples.

    In our opinion, this unique pewter Newman 1-A specimen has VF details. Slight to minor rim dings are noted on the obverse near 1, 3, 9, and 10 o'clock, and correspond to the strictly assessed PCGS designation. A loupe reveals a few unobtrusive marks on the deep gunmetal-gray surfaces, such as near the R and second C in CURENCY, and on the reverse within the Virginia ring. Light pinscratches are on the obverse field above the sun. The obverse sharpness is consistent while the Massachusetts and New Hampshire rings are softly brought up, similar to the regional weakness of strike on the ex-Norweb Whitman Encyclopedia plate coin for Newman 1-A.

    With the present discovery coin, it is now theoretically possible to collect all seven die varieties of Continental dollars in pewter. But the present lot is the stopper, and its opportunity is fleeting for the specialist bidder.


    Learn more at the Newman Numismatic Portal at Washington University in St. Louis.

    View Certification Details from PCGS

    Auction Info

    Auction Dates
    January, 2015
    7th-12th Wednesday-Monday
    Bids + Registered Phone Bidders: 17
    Lot Tracking Activity: N/A
    Page Views: 3,402

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