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Obverse of 1788 Vermont Copper - Ryder 31     Reverse of 1788 Vermont Copper - Ryder 31


1788 VERMONT COPPER - 
RYDER 31

PCGS No: 572

Rarity: Rare

Variety equivalents:
Breen 733, Bressett 24-U, Vlack 22-88VT

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

The reverse die of this variety was also used on:
1788 Ryder 25 
1788 Ryder 28 
1788 Ryder 29 
1788 Ryder 39 

The finest 1788 Ryder 31 graded by PCGS is a single EF-40.

Images courtesy of Ira & Larry Goldberg Coins & Collectibles, Inc.

Significant examples:
(illustrated below).  Ex - Dr. Robert Hinckley collection

Recent appearances:
PCGS EF-40 (illustrated above).  Ex - Ira & Larry Goldberg Coins & Collectibles, Inc.'s "Benson Collection, Part I", February 16, 2001, Lot 86, "...reverse die rotated was counter clockwise about 70 degrees."

Ex - Mike Ringo - 2000 C4 Sale, Lot 89

"VF-30".  Norweb #1300

VF-30.  Ex – American Numismatic Rarities, LLC’s “The Classics Sale,” July 25, 2003 , Lot 24, "Ryder-31, Mailed Bust Right, GEORGIVS III REX, Rarity-5-", illustrated, sold for $747.50  From the collection of Mike Bristow

"VF-25".  Ex - Stack's, September 1993, Lot 1141 - Frealon Bibbins - McCawley & Grellman's "Seventh Annual C-4 Convention Sale, November 10, 2001, Lot 300, illustrated, "...99.9 grains...", sold for $825.00

PCGS Fine-12.  Ex - Early American History Auctions, Inc. Mail Bid Sale, April 20, 2002, Lot 962, illustrated, where it was described (in part) as follows: "A Rarity-5 variety and on many collectors' want lists. This piece displays significant detail of Very Fine, a nice mix of rich tan and black colors on typical, slightly porous surfaces. The reverse die is rotated approximately 30 degrees counterclockwise and the date is almost off the planchet. This variety usually comes pretty "rugged," which means that this is actually a rather pleasing example for the variety. Certainly one of the Finest examples of this important variety to be certified by PCGS and it actually appears sharper in overall detail than the recent Bowers, Hinkley Sale Lot #2415..."

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

The PCGS Population Report, October 2002" by The Professional Coin Grading Service

Obverse of 1788 Vermont Copper - Ryder 31     Reverse of 1788 Vermont Copper - Ryder 31

Images courtesy of Ron Guth