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1785 Cent Inimica Tyrannis Americana / Confederatio, Small Circle Cent Original VF30 NGC. Breen-1124, Whitman-5635, Low R.7....
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Sold on Nov 14, 2014 for:
$44,062.50
Bid Source: HA.com/Live bidder
Description
1785 Confederatio Copper, VF30
Small Circle Reverse
Only Eight or Nine Known
1785 Cent Inimica Tyrannis Americana / Confederatio, Small
Circle Cent Original VF30 NGC. Breen-1124, Whitman-5635, Low
R.7. 142.8 grains, 99% Copper per NGC metallurgical tests.
Experts may disagree regarding the obverse legend which translates
to "Americana Opposed to Tyranny," although some will say that
AMERICANA may be interpreted as a Latinized version of America.
Whether it is correct or not, surviving examples are extremely
rare, with eight known examples and one other that disappeared more
than half a century ago. Slight surface roughness is evident on
both sides of this example. However, the piece is attractive
overall with maroon and steel patina on its light brown
surfaces.Collector and researcher John L. Howes provided the following Condition Census that shows the Eric P. Newman example in the fifth position. Interestingly, eight coins listed below with grades fall in the narrow range from Fine to AU, and six examples with known weights fall in the extremely narrow range of 138 grains to 148.6 grains, suggesting precision manufacture that may yield an additional clue as to the production location.
1. AU. 138 grains. The discovery specimen. Acquired circa 1837 by Captain Davenport; Jeremiah Colburn; McCoy Sale (5/1864), lot 1689; George Seavey; Lorin G. Parmelee (New York Coin & Stamp Co., 6/1890), lot 498; Harlan P. Smith; Dr. Thomas Hall; Virgil Brand; Brand Estate; B.G. Johnson; later, New Netherlands (51st Sale, 6/1958), lot 198; Stack's (10/1987), lot 32; Roger S. Siboni.
2. XF. 142.7 grains. George C. Ham; Stack's (6/1973), lot 828; Stack's (5/1976), lot 126; John L. Roper, 2nd (Stack's, 12/1983), lot 215.
3. XF. 148.6 grains. Purchased by Albert Holden before 1913; Norweb Collection (Bowers and Merena, 3/1988), lot 2625.
4. VF. 148.4 grains. Crosby plate coin. Matthew A. Stickney (Henry Chapman, 6/1907), lot 374; Col. James W. Ellsworth; John Work Garrett; Johns Hopkins University (Bowers and Ruddy, 10/1980), lot 1330.
5. VF30 NGC. 142.8 grains. The present coin. Dr. Edward Maris; Harold P. Newlin; T. Harrison Garrett; John Work Garrett; Wayte Raymond; Waldo Newcomer; B. Max Mehl; "Colonel" E.H.R. Green; Green Estate; Partnership of Eric P. Newman / B.G. Johnson d.b.a. St. Louis Stamp & Coin Co.; Eric P. Newman @ $750.00; Eric P. Newman Numismatic Education Society.
6. VF. ANA Sale (Stack's, 8/1976), lot 109.
7. VF. Bushnell Collection (Chapman Brothers, 6/1882), lot 882; Farish Baldenhofer Sale (Stack's, 11/1955), lot 44.
8. VF/F. 147.4 grains. Winsor Collection (Chapman Brothers, 12/1895), lot 289; John J. Ford Collection (Stack's, 5/2004), lot 286; John Agre (Coin Rarities Online).
Unknown grade. Appleton Collection; Massachusetts Historical Society; missing since 1952.
Coin Index Numbers: (PCGS# 846, Greysheet# 116)
Auction Info
2014 November 14 - 15 Selections from the Eric P. Newman Collection Part V US Coins Signature Auction - New York #1215 (go to Auction Home page)
Auction Dates
November, 2014
14th-15th
Friday-Saturday
Bids + Registered Phone Bidders: 12
Lot Tracking Activity: N/A
Page Views: 2,020
Buyer's Premium per Lot:
17.5% of the successful bid per lot.
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.
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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