Goldberg Coins and Collectibles

Sale 77

Lot 40

1796 Edwards Copy Kenny-1 Rarity 7- (Rarity 8 in Brass). PCGS graded MS-62 Brown. Frosty light greenish olive brown with small, subtle splashes of reddish chocolate toning in the field off the chin and traces of lighter brown and tan in protected areas of the reverse. Although these normally come on copper planchets, this example looks more like brass. A tiny spot of darker olive toning over the 9 in the date is the best identifying mark. The 7 and 9 in the date are clearly repunched and the entire piece is sharply struck. Our grade is MS60. The Edwards copies or "counterfeits" were made by Dr. Frank Smith Edwards of New York sometime prior to his death in 1865. The dies were handmade and the workmanship is of good quality. The resulting design is a fairly accurate representation of the genuine article, but it is far from perfect. The planchets used for these copies were cut from rolled copper and are a bit thinner than the genuine version. (See the preceding lot for a discussion of the "mintage" and resulting rarity of these pieces.) This cataloger has seen 8 of the known examples, and several of the planchets are slightly out-of-round, including the example offered here. But this is the only one that appears to be struck in brass (or at least on a brassy-looking planchet). A nice example of this extremely rare and famous copy. Weight 89.5 grains. The attribution and Missouri Cabinet provenance are shown on the PCGS label. PCGS population 1; the finest in BN at PCGS. (PCGS # 397325) .
Estimated Value $7,500-UP.
Ex H. O. Granberg 11/7/1907 ($100)-Chicago Coin Company (via Theophile E. "Ted" Leon)-unknown-Bowers & Merena 3/1998:78-unknown-Heritage Numismatic Auctions 1/13/2005:6959-James R. McGuigan-Ray Rouse, McCawley & Grellman Auctions/Ira & Larry Goldberg Coins & Collectibles, Inc., 9/14/2008:33-R. Tettenhorst-Missouri Cabinet (Mocab 96.3.7).

Realized $13,225

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