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Obverse of 1787 Vermont Copper - Ryder 34     Reverse of 1787 Vermont Copper - Ryder 34


1787 VERMONT COPPER - 
RYDER 34

PCGS No: 560

Rarity: Extremely Rare

Variety equivalents:
Breen 717, Bressett 10-J

Notes:
The obverse die of this variety was also used on:
1787 Ryder 14 
1788 Ryder 20 
1788 Ryder 21 
1788 Ryder 22 
1788 Ryder 23 
1788 Ryder 36 
1788 Ryder 37
1788 Ryder 38

This was the only use of the reverse die.

Images courtesy of Craig A. Whitford Numismatic Auctions

Notes:
The number 34 was assigned to this variety subsequent to the publication of Hillyer Ryder's "The Colonial Coins of Vermont" (he overlooked the variety despite the fact that, in the 1870's, Sylvester S. Crosby actually illustrated the 1787 Bust Right type with punctuation on the obverse with an example).  In 1976, Ken Bressett knew of only three Ryder 34's; in 1998, Tony Carlotto knew of only the same three.  Dan Freidus reported hearsay evidence of a fourth and possibly fifth example.  Thus the example illustrated above and described below may be the fourth, fifth, or sixth example, depending on with whom you speak!

Significant examples:
"Choice Fine" (illustrated above).  Ex - Craig A. Whitford Numismatic Auctions "The Michigan State Numismatic Society's 47th Anniversary Fall Convention", November 29-30, 2002, Lot 1578, illustrated, "New Discovery...112.0 grains.  Choice Fine, most shield stripes clear, few flan defects obv.  Two-tone medium to dark brown patina, old hairline sc rev.  Very attractive specimen of this most elusive variety...", sold for $37,375.00 to a phone bidder

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

"Diligence pays off" by Dan Freidus, COIN WORLD, page 62