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Obverse of 1786 Vermont Copper - Ryder 7     Reverse of 1786 Vermont Copper - Ryder 7


1786 VERMONT COPPER - 
RYDER 7

PCGS No: 545

Rarity: Scarce

Variety equivalents:
Breen 713, Bressett 5-E

Notes:
This was the only use of the obverse die. 

The reverse die of this variety was also used on:
1786 Ryder 8

Attribution keys:
Obverse - VERMONTENSIUM, 8 trees, recut U in PUBLICA, sun ray points to right tail of R in RES

Reverse - Same as 1786 Ryder 8 - extra dot by the period between QUARTA and DECIMA

Images courtesy of Ron Guth

Significant examples:
In the February 2005 issue of NUMISMATIST (page 63), William Anton offered a Vermont RR7 for $175,000.00, describing it as follows: "Gem Uncirculated.  Full rounded beaded flan.  Semi-prooflike gem.  Finest Landscape known."

Recent appearances:
Extremely Fine (illustrated below).  Ex - Early American History Auctions, Inc.'s Mail Bid Sale, October 14, 2000, Lot 1010, where it was described as follows: "111.5 grains. Medium tan and brown colors. The surfaces have an extremely light porosity that creates an attractive matte appearance. Some edge roughness at 6:00 indicates that this planchet was probably cut from near the edge of a strip. All of the details are clear, including the all-important date, and the reverse is particularly impressive. Struck slightly off-center on the obverse, pushing the date upwards and away from the edge." - Early American History Auctions, Inc.'s Mail Bid Sale, August 25, 2001, Lot 1424

PCGS VF-25.  Ex - Superior Stamp & Coin's "The ANA 2000 National Money Show Auction", March 2-3, 2000, Lot 27

"Sharpness of Fine but rough".  Ex - Ira & Larry Goldberg Coins & Collectibles, Inc. "The Benson Collection, Part III, February 24-25, 2003, Lot 25, illustrated, unattributed, sold for $322.00

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

        

Early die state (no bulging in the lower obverse field)
Images courtesy of Early American History Auctions

Obverse of 1786 Vermont Copper - Ryder 7     Reverse of 1786 Vermont Copper - Ryder 7

Late die state (heavy bulging of the lower obverse field; die crack through U of PUBLICA
Ex - Bowers & Merena "Hinckley"
Images courtesy of Ron Guth