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    Description

    1787 New York Excelsior Copper, AU53
    Indian, New York Arms, W-5795
    Second-Finest Known

    1787 New York Excelsior Copper, Indian and New York Arms, AU53 PCGS. W-5795, High R.6. There are seven die varieties of Excelsior tokens listed in the Guide Book. The varieties range from rare to extremely rare. W-5795 was likely struck as a pattern for a New York state coinage. The Indian obverse represents Liberty, similar to the Massachusetts copper coins issued the same year. The reverse replicates the New York State Arms. The engraver was likely James Atlee, and the piece was probably made at Samuel Atlee's New York City mint. Heritage auctioned the AU50 NGC Eric P. Newman example in 2014, and our catalog description for that lot traced 14 survivors, from the Uncirculated Eliasberg specimen down to three pieces evaluated as Poor, Plugged, and Holed. That census inadvertently omitted the present coin. It is the single finest at PCGS (6/21). NGC has certified four pieces, as Fine, VF, AU50, and MS64 Brown, the latter piece undoubtedly ex-Eliasberg. Thus, the present lot qualifies as second-finest certified of the variety. It is a briefly circulated coin with rich mahogany-brown and gunmetal-gray toning. Marks are minimal save for a thin vertical line west of the oval seal. Struck a few degrees off center toward 6 o'clock, though only dentils are affected. Listed on page 63 of the 2022 Guide Book.
    Ex: William Sumner Appleton; Massachusetts Historical Society; ANA Sale (Stack's, 8/1976), lot 72; Baltimore Auction (Stack's Bowers, 10/2018), lot 7090.

    From The Dickson Collection.

    Coin Index Numbers: (PCGS# 436)


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    Auction Info

    Auction Dates
    August, 2021
    18th-22nd Wednesday-Sunday
    Bids + Registered Phone Bidders: 38
    Lot Tracking Activity: N/A
    Page Views: 592

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