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    1787 Liber Natus Copper, AU50
    Excelsior Reverse, Breen-990, W-5795
    Third-Finest Known

    1787 COPPER New York Excelsior Copper, Liber Natus, Indian and New York Arms, Breen-990, W-5795, High R.6, AU50 PCGS. CAC. Ex: Whitman / Newman. 171.4 grains. Previously certified by NGC and metallurgically analyzed as 99% copper. Two varieties of the Liber Natus, Excelsior coppers are known. The variety offered here combines the standing Indian obverse with the New York Arms reverse. Typical survivors are in higher grades, suggesting that the variety saw little circulation. Just over a dozen examples of this variety are known. Based on John Ford's notes, Michael Hodder presented a preliminary census of this issue in the May 2004 Ford catalog, recording nine examples. We have refined and expanded that census here:

    1. MS65. Louis E. Eliasberg, Sr. Collection; Eliasberg Estate (Bowers and Merena, 5/1996), lot 58.
    2. AU. Sarah Sophia Banks (1818); British Museum.
    3. AU50 PCGS. Eric P. Newman Collection. The present specimen.
    4. AU. Lorin G. Parmelee (New York Coin & Stamp Co., 6/1890), lot 457; H.P. Smith (Chapman Brothers, 6/1906), lot 124; Col. James W. Ellsworth; John Work Garrett; Johns Hopkins University (Bowers and Ruddy, 11/1979), lot 601.
    5. XF. F.C.C. Boyd Estate; John J. Ford, Jr. (Stack's, 5/2004), lot 312.
    6. XF. Mickley Sale (W.E. Woodward, 10/1867); Bushnell Sale (Chapman Brothers, 6/1882), lot 888; Brand Collection.
    7. Fine. William H. Woodin; Peter Gschwend (Thomas Elder, 4/1909); F.C.C. Boyd.
    8. Fine. John G. Mills Collection (Chapman Brothers, 4/1904), lot 348.
    9. VG. John Story Jenks (Henry Chapman, 12/1921), lot 5493.
    10. VG. Norweb Collection, but not found in the catalogs of that collection.
    11. Good. James Ten Eyck (B. Max Mehl, 5/1922), lot 816.
    12. Poor. Thomas Warner (Chapman Brothers, 7/1891), lot 2094.
    13. Plugged. New Netherlands Coin Co. (44th Sale, 6/1954), lot 71.
    14. Holed. Matthew Stickney (Henry Chapman, 6/1907), lot 240.

    Although this piece was cleaned many decades ago, both sides are now attractively and naturally toned to olive and light blue-steel. Trivial rim bruises are to be expected on these old coppers, but the obverse and reverse surfaces are outstanding.
    Ex: Eric P. Newman Numismatic Education Society; Eric P. Newman Collection, Part V (Heritage, 11/2014), lot 3028.

    Coin Index Numbers: (PCGS# 436)

    View Certification Details from PCGS

    Auction Info

    Auction Dates
    January, 2016
    6th-11th Wednesday-Monday
    Bids + Registered Phone Bidders: 12
    Lot Tracking Activity: N/A
    Page Views: 1,731

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