Recent appearances:
PCGS MS-64. Ex - Ira &
Larry Goldberg Coins & Collectibles, Inc.'s "Benson II",
February 18-19, 2002, Lot 5, illustrated, where it was described as
follows: "(c. 1779) Rhode Island Ship Medal, with wreath, Brass.
Betts-563. PCGS graded MS-64. All Rhode Island ship medals are rare,
especially this variety. The surfaces of this one are exceptional, and
show no significant or even minor signs of handling. The color too is
choice, with brassy and copper highlights, and no troubling spots or
detracting toned areas. Fully struck, with as much detail as possible
given the state of the dies, and somewhat primitive conditions which
likely prevailed when these were struck. One small edge flaw is noted at
the bottom of the obverse, which is present on both sides of the coin.
PCGS has graded 4 in all grades, with th(is) being the finest seen by that
service. The legends have been subject to various interpretations over the
years, but Breen's seems the best, "The Americans had run away in
1778; now there goes Admiral Howe the same way in 1779." The
Revolutionary War skirmishes referred to were the American and French
forces which abandoned Conanicut Island in order to pursue Howe's forces
on ships in 1778, but a storm forced both sides to withdraw. Admiral Howe
soon took control of the small Island off Narragansett Bay, but he was
forced to withdraw 15 months later, as the American and French forces
prevailed. On the original issue, the Dutch word VLUGTENDE (fleeing) was
seen just below Howe's ship, but this word was scraped off most coins, and
the dies were changed to show a pair of branches or sprigs below. Breen
suggests that the reference to fleeing could result in reprisals by the
British, so the dies were changed. Nothing like the threat of a long stay
in Newgate Prison to make one very careful about such things."
PCGS AU-55 (illustrated above).
Brass.
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