1788 NEW JERSEY COPPER -
MARIS 50-f
Rarity: Scarce
Variety equivalents: Breen 915
Notes:
This was the only use of the obverse die.
The reverse die of this
variety was also used on:
1787
Maris 37-f
1787
Maris 48-f
1788 Maris 49-f |
Images courtesy of Ira & Larry Goldberg Coins
& Collectibles
Significant examples:
"Uncirculated".
Ex - Garrett
Recent appearances:
VF-25. Ex
– American Numismatic Rarities, LLC’s “The Classics Sale,”
July 25, 2003
, Lot
56, "Maris 50-f, Head Left, Rarity-3, 150.4 grains",
illustrated, not sold
VF-25.
Ex – American
Numismatic Rarities, LLC’s “The Classics Sale,”
July 25, 2003
, Lot
57, "Maris 50-f, Head Left, Rarity-3, 139.6 grains",
illustrated, not sold
PCGS VF-20 (illustrated
above). Ex - Paul Arthur Norris - Ira & Larry Goldberg Coins
& Collectibles, Inc.'s "Pre-Long Beach Sale", September 23
& 24, 2002, Lot 73, illustrated, where it was described as follows:
"PCGS graded VF-20. This is one of the scarce Goadsby
issues, thought to have been struck very early in 1788. The surfaces are
rough, perhaps as much in the original planchet (typical) as from
subsequent events. Dark brown in color and pleasing otherwise in
appearance. The strike is sharp, and the date is full and complete as
this example is unusually well centered. PCGS has graded only 10 of this
variety, 9 between the grades of VG-VF, and a single coin higher as
EF-45, and the Finest Known mint state Garrett coin apparently hasn't
been graded yet.
New Jersey coppers came to be from the efforts of Matthias Ogden, the
Revolutionary War hero. As Breen notes, Ogden came under the common
delusion that striking coins would make you rich. He joined forces with
three men, Albion Cox, Thomas Goadsby and Walter Mould. Ogden saw to it
that the necessary state legislation was passed, and was soon embroiled
in the usual partnership problems of distrust and arguments. This
particular coin was made by Thomas Goadsby, with equipment seized from
the defunct Rahway mint. In a few years, this copper coinage experiment
folded with most of the participants either fleeing to other states or
in jail to avoid creditors...", not sold - Ira & Larry Goldberg
Coins & Collectibles, Inc. "The Benson Collection, Part
III", February 24-25, 2003, Lot 24, illustrated, sold for $1,207.50
"Very Good or better". Ex - Early American History Auctions, Inc.'s Mail Bid Sale, April 22, 2000, Lot
1084, "...127.8 grains..."
Sources and/or
recommended reading:
"Walter Breen's Complete
Encyclopedia Of U.S. And Colonial Coins" by Walter Breen
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