Lot 72
1786 New Jersey Copper. Narrow shield, with coulter, curved beam, four and five pales in shield. PCGS graded MS-63 Brown. This is one of only 2 mint state coins graded by PCGS of this variety. The other example grades a single point higher than this magnificent example. Medium to light brown in color throughout with hints of original mint red in the reverse lettering. Well struck on the obverse, with full devices throughout. On the reverse, it too is well struck, save for a small area located at the center of the shield which displays characteristic weakness.
Curiously, the die engraver put four pales (vertical stripes) in the shield on the left and right stripe, while the central four stripes show five lines each (one shows a sixth line faintly). The fields and devices show virtually no signs of handling or other problems, and this coin is a simply splendid example of this sought-after colonial issue. Don't let this example get away, as it will be a highlight of any advanced collection.
Estimated Value $3,000-UP.
No provenance included, but likely from the 1940s.
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| Realized $14,375 |
