1785 VERMONT COPPER -
RYDER 5Rarity:
Extremely Rare
Variety equivalents:
Breen 735
Notes:
Despite the fact that all examples of the Ryder 5 are counterfeits,
they are still eagerly collected as part of the Vermont Coppers
series. Two types are known -- cast copies and struck
copies. All are extremely rare, with the struck copy being the
rarer of the two. In recent years, fakes of the cast copies have
appeared on the market. Unfortunately, the only way to tell the
fakes is to compare them to known examples (because they were cast, each
coin carries its own individual characteristics, much like snowflakes,
so if you find two coins with similar or identical characteristics, one
or both is/are fake). Generally, collectors only have to contend
with fakes of real coins. In this case, they must beware of fakes
of fakes!
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Significant examples:
In the February 2005 issue of NUMISMATIST
(page 63), William Anton offered a Vermont RR5 Struck Variety for $285,000.00,
describing it as follows: "As Struck Uncirculated. Only three in
private hands."
Sub-varieties (2):
Ryder 5C - Cast copy
Ryder 5S - Struck copy
Sources and/or
recommended reading:
"Copper Coins of
Vermont" by Tony Carlotto
"The Colonial Coins of
Vermont" by Hillyer Ryder
"Vermont Copper
Coinage" by Kenneth Bressett (Chapter 11 in "Studies on Money in
Early America" by Eric P. Newman and Richard C. Doty)
"Walter Breen's Complete
Encyclopedia Of U.S. And Colonial Coins" by Walter Breen
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