1794 Cent Talbot, Allum & Lee New York, BN PR(PCGS#90634)

The August 2013 Chicago ANA World's Fair of Money

Auctioneer

Stack's Bowers

Lot Number

1262

Grade

PR0

Price

411

Lot Description

1794 Talbot, Allum & Lee Cent. With NEW YORK. Fuld-4, W-8590. Small & on Reverse. Copper. Lettered Edge. Unc Details--Spot Removed (PCGS). The motifs are sharp and frosty and the fields show considerable prooflike character. A former owner regarded this to be a Proof impression from the dies, an opinion notshared by the graders at PCGS. The area of the removed spot mentioned on the PCGS insert is the field directly beneath CE in COMMERSE. The firm of Talbot, Allum & Lee was perhaps the most prolific American token issuer during the final decade of the 18th century. Many Talbot, Allum & Lee tokens were purchased by the federal government and cut down for the manufacture of half cent planchets, something which is clearly detailed in Walter Breen's magisterial Encyclopedia of U.S. Half cents. PCGS# 90634. Provenance: Paper envelope with attribution notation included.