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1787 COPPER Nova Eborac Copper, Seated Left MS63 Brown PCGS....
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Description
1787 Nova Eborac Copper, PCGS MS63 Brown
1787 COPPER Nova Eborac Copper, Seated Left MS63 Brown PCGS. Breen-986. Lots 30011 through 30017 represent what is almost certainly the ultimate collection of coins related to Ephraim Brasher, the New York city gold and silversmith. Included are two colonial copper coins produced by John Bailey and punchlinked to the Brasher Doubloons, two gold coins from Brazil that each have an EB counterstamp, the important 1742-dated Lima Style Brasher Doubloon, the famous 1787 New York Style Brasher Doubloon with EB punched on the eagle's wing, and the unique 1787 New York Style Brasher Doubloon with EB punched on the eagle's breast.The obverse portrait faces to the right with NOVA left and EBORAC right. Three rosettes separate the legend with one preceding NOVA, another following EBORAC, and the third separating these words, to the left of the head. The reverse has the seated figure facing to the viewer's left with the date in exergue below, and the legend VIRT. ET. LIB., preceded and followed by rosettes. The abbreviated legend represents VIRTUS ET LIBERTAS, which is translated to Strength and Freedom. Little is known of the origins of the Nova Eboracs, an unauthorized part of the state coinage of New York. Breen notes that the letter punches and rosette punches match those found on the Brasher Doubloons, establishing a connection between these two issues. John Bailey, who was associated with Ephraim Brasher, is generally considered the individual who produced these pieces. See lot 30011 for additional information about the coinage proposals of Brasher and Bailey.
This is a splendid example with attractive olive-brown color and iridescent toning. The surfaces are glossy and lustrous despite microscopic roughness and traces of verdigris. Although not fully struck, there is considerable strength in details that are usually not visible, including the head of Columbia on the reverse.
Coin Index Numbers: (NGC ID# 2AYX, PCGS# 801)
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