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Obverse of 1788 New Jersey Copper - Maris 78-dd     Reverse of 1788 New Jersey Copper - Maris 78-dd

  
1788 NEW JERSEY COPPER -
MARIS 78-dd
(now known as Maris 77-dd Type III)

Rarity: Common

Variety equivalents: Breen 953

Notes:
The obverse die of this variety comes in three distinct die states:
Type I - 1788 Maris 77-dd.  This type has a perfect obverse, with no crack running through the horse's head.
Type II - formerly known as 1788 Maris 77-dd.  This type shows a raised scar going through the horse head from about one-third of the way down the horse's mane through the scroll under the horse head just left of center.  On high grade examples, the scar appears to be a row of denticles, possibly caused by contact with another die.  The reverse die shows no breaks.
Type III - formerly known as 1788 Maris 78-dd.  This type has both the scar and a straight, diagonal line that runs from 9:00 to 12:00, just skimming the horse's mane.  The reverse die shows a crack along the left side of the shield.

Images courtesy of Clem Schettino

Recent appearances:
PCGS VF-20.  Ex - Early American History Auctions, Inc.'s Mail Bid Sale, August 25, 2001, Lot 1419, where it was described as follows: "1788 NJ Copper, "Running Fox," Maris 78-dd, PCGS graded VF-20.    Dark, olive-brown, with a light, uniform porosity on both sides. However, to its credit, this piece has a clear date and the running "fox" on the reverse is crisp and bold. This example shows the heavy die breaks on both the front and back that show it to be a later state of 77-dd."

Fine.  Ex - Early American History Auctions, Inc.'s Mail Bid Sale, April 22, 2000, Lot 1091,
"Choice Fine or better.  135.3 grains."

Sources and/or recommended reading:
"Walter Breen's Complete Encyclopedia Of U.S. And Colonial Coins" by Walter Breen