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    Description

    1776 Continental Dollar, MS63
    Late State Newman 1-C

    1776 $1 Continental Dollar, CURENCY, Pewter MS63 NGC. Newman 1-C, W-8445, R.3. The Newman 1-C is frequently encountered from an unknown yet substantial production, likely in New York prior to the British invasion that summer. There is a difference of opinion regarding General Washington's handling of the situation, some saying he blundered the operations and others calling him a hero. There is also a difference of opinion regarding these Continental dollars. In fact, some specialists claim they are not dollars at all, since they were primarily struck in pewter. The opposing view is that pewter was the only readily accessible material for their production.

    Eric P. Newman wrote the primary study of these pieces six decades ago, and his work is still the standard reference. His efforts led to identification of Elisha Gallaudet as the designer or engraver, but little else is really known of these important pieces. They were first illustrated less than 10 years after their production, including appearances in English and German publications.

    The Newman 1-C die pair is thought to be a production early in the year, before the spelling of CURENCY was corrected with two Rs, and before the EG FECIT statement was added to the obverse. This piece exhibits the prominent die break joining the tops of GI in FUGIO.

    A splendid Choice Mint State piece, this Continental dollar exhibits considerable bright gray luster with medium gray and delicate brown toning. Grade-consistent marks are scattered over the obverse and reverse, but none stand out among all the others. This exceptional piece will be a centerpiece of most any collection of early U.S. coinage. Census: 11 in 63, 6 finer (3/16).

    Coin Index Numbers: (NGC ID# 2AYN, PCGS# 791)


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    Auction Info

    Auction Dates
    Apr-May, 2016
    27th-1st Wednesday-Sunday
    Bids + Registered Phone Bidders: 29
    Lot Tracking Activity: N/A
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    Buyer's Premium per Lot:
    17.5% of the successful bid (minimum $14) per lot.

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