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.
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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 |