1788 NJ 1/2P Fox Before Legend, Maris 77-dd, BN MS(PCGS#766251)

The Summer 2022 Global Showcase Auction U.S. Coins

Auktionator

Stack's Bowers

Losnummer

8149

Erhaltungsgrad

AU55BN

Preis

21.600

Losbeschreibung

Superb Maris 77-dd Running Fox Ex Yale University Cabinet 1788 New Jersey Copper. Maris 77-dd (DS1), W-5535. Rarity-3. Running Fox Before Legend. AU-55 (PCGS). 151.2 grains. 28.6 mm. In 1863, Yale College published A Catalogue of the Cabinet of Coins Belonging to Yale College, Deposited in the College Library.The 48-page handbook painstakingly inventoried the coins that had been collected by the college, mostly between 1854 and 1863. Even by that early date, Yale College had amassed 104 New Jersey coppers, including five examples dated 1788. After a high profile robbery and a refocus on art medals and coins of the classical world, many of Yale's early American coins were consigned to Stack's and put up for auction in December 1971. Two 1788 New Jerseys were offered in that sale with Yale provenance, including this one. It's impossible to know if this piece had been at Yale since the Civil War, but it's at least probable, even likely. This piece was cataloged in December 1971 as: "Another of the Running Fox varieties, this one with the fox after the first quatrefoil. Perfectly centered with very slight weakness in striking on the left side, but all details are very prominent. Extremely Fine. Better than the Maris Plate coin, with sharp mane, date, and eye. Every line on the shield is sharp and fully struck. The planchet is slightly granular. If not the finest, than surely one of the best known. An even light tan color. Ex Yale Collection." Time is a cruel mistress, and the decades since this sold at auction in 1971 ended up getting it omitted from the SHI Census, though it is surely one of the finest known. Its surfaces are glossy, its devices sharp, and its visual appeal superb. Only a little rim bruise over U of PLURIBUS is worth mentioning, and the granularity described by the December 1971 cataloger is not significant. This is not in contention for finest known honors; that accolade belongs to the Newman coin, which brought $105,750 when sold as an NGC MS-65 BN in March 2014. Following an unverified Unc in the number 2 position, the next four coins are listed as AU+, and this piece is certainly the equal of at least a couple of them. It easily surpasses the sixth ranked Eliasberg-O'Donnell-Partrick coin, which was graded EF-45 (NGC) when sold in March 2021. Major varieties - type coins, really - like the Running Fox always see greater demand, attracting bidders who have zero interest in owning 120 New Jerseys but might love to own 20 great ones. This is a great one, struck from the crisp early state of these dies, Die State 1. Its provenance, eye appeal, and technical quality place it in the upper echelons of all Running Fox coppers extant. Provenance: From the Sydney F. Martin Collection. Earlier ex Yale University Cabinet; our (Stack's) sale of December 1971, lot 52; Anthony Terranova; Lawrence R. Stack Collection, November 2006. PCGS# 766251. Click here for certification details from PCGS. Image with the PCGS TrueView logo is obtained from and is subject to a license agreement with Collectors Universe, Inc. and its divisions PCGS and PSA. Click here to see Coins in Motion.[“Coins]