1786 VERMONT COPPER -
RYDER 6PCGS No:
545
Rarity:
Common
Variety equivalents:
Breen 713, Bressett 4-D
Notes:
This was the only use of the obverse die.
This was the only use of
the reverse die.
Attribution keys:
Obverse - VERMONTENSIUM, 7 trees, recut U in PUBLICA, sun ray points to
space between E and S of RES
Reverse - sometimes with die breaks
in stars below QUARTA
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Images courtesy of Ira & Larry Goldberg Coins
& Collectibles
Significant examples:
PCGS AU-55 (illustrated
above). Ex - Ira & Larry Goldberg Coins
& Collectibles, Inc.'s "Benson I", February 2001, Lot 80
- Paul Arthur Norris - Ira & Larry Goldberg Coins
& Collectibles, Inc.'s "Pre-Long Beach Sale", September 23
& 24, 2002, Lot 76, illustrated, where it was described as follows:
"...Obverse with seven trees, ray points between ES. U
of PUBLICA sharply recut low, diagnostic of this obverse. One of the very
finest graded of this variety, PCGS in their Population Report note 4
graded this high, with just a single coin graded higher, that a thin hair
above at AU-58. No mint state coins have yet been graded. Further, most of
those seen grade from VG to VF, and these are frequently found on less
than perfect planchets. On this particular example we note a few minor
planchet flaws, one on the edge above NS of VERMONTENSIUM, another on the
reverse edge above the M of DECIMA. Toned a natural chocolate brown in
color, with darker areas noted around the trees. The strike on and around
the plow is particularly nice, and the fields and surfaces are very nice
for the grade. Localized striking weakness is noted on ENSIUM and on the
opposing areas of the reverse. The central reverse all seeing eye is
sharp, and the coin is well centered. An impressive example of this
important variety that is certain to attract many appreciative
numismatists who would find it a welcome addition to their collections.
The Latin obverse legend of VERMONTENSIUM RES PUBLICA translates to
"the Republic of the Green Mountains" (Ryder/Slafter) and the
obverse device was to consist of "A sun rising, with mountains and
trees in the foreground, and a plough in the field beneath." while
the reverse device had to have "A radiated eye, surrounded by
thirteen stars" and the legend QUARTA. DECIMA. STELLA. or the
fourteenth star, referring to Vermonts desire to become the next state
after the original thirteen colonies joined to form the United States.
This did come pass, but not until 1791 when Vermont officially became the
14th state to join the union.
After the necessary legislation and authorization, the bond requirements
were met and suitable lodgings for the coinage we procured, Reuben Harmon
began coinage in earnest. Reports vary, but it has been suggested that the
coining equipment obtained could strike as many as 60 pieces per minute,
although usually half that number were coined using the screw press
(Ryder/Slafter). An historic example of this precious state coinage made
during the brief tenure after the Revolution, but prior to the Vermont
joining the other states officially in the Union."
Recent appearances:
PCGS EF-40. Ex - Bowers and Merena Galleries "The Rarities Sale",
January 7, 2003, Lot 3, off-center on the obverse, fissure atop 86 "Details of Extremely Fine. Ex - Early American History
Auctions, Inc.'s Mail Bid Sale, October 14, 2000, Lot 1009, where it was
described as follows: "128.1 grains. This coin has probably never
seen a day of wear, but the alternatingly rough and smooth surfaces
indicate that it probably went into the ground shortly after it was
struck, where it awaited discovery for a number of years. A dark (almost
black) patina has developed over both sides, but there are still areas
of olive-brown color scattered about. A natural fissure appears to the
right of the date, affecting the plow, and the reverse was struck
off-center." -
Early American History Auctions, Inc.'s Mail Bid Sale, August 25, 2001,
Lot 1422
VF-35 (illustrated below). Ex - Washington State Coin Auction -
San Diego Show, Inc. Auction Company, August 31, 1990, Lot 2473 -
Superior Galleries' "Pre-Long Beach Sale", October 1-3, 2000,
Lot 1033, where it was described as follows: "Ryder-6 Rarity-2
VF35. Landscape VERMONTENSIUM. Choice glossy chocolate brown with a
smooth, well above average planchet. The only flaws are a few minor
fissures at the rim over NTENS and opposing area at A-DEC. Free of
contact marks or other problems. The bottom of the date is very tight to
the edge of the planchet as the dies were slightly out of proper
alignment (as usual for landscape Vermont's). MDS, before the crack up
through the date. Comes with an ANACS photo grading certificate as
Extremely Fine. Weight 115.7 grains."
"Very Fine-25". Ex - Superior Stamp
& Coin's "The ANA 2000 National Money Show Auction", March
2-3, 2000, Lot 29, "109.4 grains"
"Very Fine". Ex -
Early American History Auctions, Inc.'s Mail Bid Sale, August 25, 2001,
Lot 1423, where it was described as follows: "1786 VT Copper,
Landscape type, "VERMONTENSIUM," Ryder 6, Very Fine.
108.7 grains. medium brown with lighter high points. Nice details,
including complete legends, a full plow, mountains, and sun. The only
weakness is on some of the rays on the reverse. The planchet is slightly
wavy due to some old hits, but the wear paterns are nice and even. The
date is completely on the planchet but marred by a natural void that
affects the plow and the 8 of the date."
SEGS VF-20, corroded. Ex -
Superior Galleries' "Pre-Long Beach Coin Sale", May 27-29,
2001, Lot 1028, not plated, where it was described as follows:
"1786 Vermont Ryder-6 Rarity-2 SEGS graded Very Fine-20 corroded.
Landscape VERMONTENSIUM. Reddish chocolate brown and olive. The planchet
is free of fissures, but it is covered with uniform fine porosity. The
date is weak but readable, as is most of the legend."
SEGS Fine-12. Ex - Superior
Galleries' "Pre-Long Beach Coin Sale", May 27-29, 2001, Lot
1029, plated, where it was described as follows: "1786 Vermont
Ryder-6 Rarity-2 SEGS graded Fine-12. VERMONTENSIUM. Glossy medium brown
with darker olive toning in a few of the most protected areas. The
planchet is free of corrosion or contact marks, but there are several
shallow fissures on both sides, plus a deep one running down the right
side of the obverse missing the sun and plow. These fissures are as
struck, of course, and are normally found on the Landscape Vermonts.
Pieces without any fissures are rare. The date is clear as is most of
the legend."
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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