1773 VIRGINIA HALFPENNY - Period after "GEORGIVS"
Images courtesy of Ira
& Larry Goldberg Coins & Collectibles, Inc.
Ex - Ira & Larry Goldberg Coins
& Collectibles, Inc.'s "The Benson Collection" Sale - Part
1, February 18-20, 2001
PCGS MS-64 Red. Ex - Paul Arthur Norris - Ira & Larry Goldberg Coins
& Collectibles, Inc.'s "Pre-Long Beach Sale", September 23
& 24, 2002, Lot 28, illustrated, where it was described as follows:
"PCGS graded MS-64 Red. A delightful example that boasts full
original mint red! Splendid surfaces throughout, with an excellent strike
and a very clean planchet. Both sides have just a couple of very trivial
specks, but they are microscopic and not at all distracting. PCGS has
graded 18 this high, with just one coin graded a notch higher in Red.
Almost certainly from a keg that was found in Richmond, Virginia just
prior to the Civil War. The hoard ended up in the hands of Col. Mendes I.
Cohen of Baltimore, and eventually the keg was sold piecemeal until Wayte
Raymond purchased the remaining 2,200 or so pieces in 1929. The hoard was
uncirculated, and most were mint red but spotted or stained. An exciting
coin to view and no doubt own, as rich in history as it is in color.
The Virginia colony had the only royal authorization for coinage (since
1609). However, no one ever bothered making coins, and tobacco was the
standard medium of exchange along with various local and non local coinage
imports. Finally, on May 20, 1773 the Virginia Assembly passed legislation
authorizing the Tower Mint in London to coin halfpence pursuant to the
royal authorization. Soon five tons of halfpennys arrived in Richmond,
where the local Treasurer, Robert C. Nicholas, in classic bureaucratic
fashion, decided not to release them pending the receipt of a Royal
Proclamation authorizing him to do so (Breen). A year later, when the
desired Royal Proclamation did arrive the Revolution was about to erupt.
Coins of all types were hoarded, fearing the worst. As the war dragged on,
many Virginia halfpennys were spent, and they have turned up in various
archeological sites in circulated grades."
PCGS MS-64 Red and Brown.
Ex - Superior Galleries "The ANA 2001 National Money Show
Auction", March 8-9, 2001, Lot 2 at $718.75, "Breen-180 with 7
Harpstrings and Stop after S...small carbon spot at the right bottom of G
(illustrated below). Ex
- Superior Galleries' "Pre-Long Beach Coin Sale", May 27-29,
2001, Lot 1006, plated, where it was described as follows: "1773
Virginia Halfpenny Breen-180 MS63. Frosty light steel brown with
underlying slightly faded mint red on both sides. No spots, contact marks,
or any other defects. A choice mint state example. Weight 115.6
Ex - Early American History Auctions, Inc.'s
Mail Bid Sale, August 25, 2001, Lot 1349, where it was described as
follows: "1773 VA Halfpenny, Period after GEORGIVS,
Uncirculated. An otherwise Choice coin except for a dark
granular area at the base of the obverse and a smaller, similar area on
the upper left reverse."
Fine-12. Ex - Ira S.
Reed, June 1944 at $.50 - Ira
& Larry Goldberg Coins & Collectibles, Inc.'s "The Benson
Collection - Part I", February 16, 18-20, 2001, Lot 23