1787 NJ 1/2P Outlined Shield, BN MS(PCGS#503)

1787 NJ 1/2P Outlined Shield, BN MS (PCGS#503)

October 2018 Baltimore U.S. Coins Auction

Lot Description: Condition Census 1787 Maris 48-f 1787 New Jersey Copper. Maris 48-f, W-5270. Rarity-3. Outlined Shield. EF-45 (PCGS). 150.64 grains. An exceptionally sharp example of this popular variety with considerable definition to the horse's mane and the lines of the shield. Dark walnut brown dominates the complexion, though pinkish shades glow from the center of the obverse and the reverse shows a marbling of caramel hues. A trivial roughness to the planchet shows mostly in the peripheries and fails to distract the naked eye. Clashmarks from the shield show faintly in the field around the horse's head, and the die crack in the lower shield lines on the reverse is distinct in this state. Though not rare in an absolute sense, the Maris 48-f combination is much rarer than the Maris 48-g and it becomes elusive in grades above VF. The present example is a significant piece that falls into the Condition Census for the variety, which is topped by the Garrett specimen graded AU+ and anchored by the Norweb at VF+. Provenance: From the Cohasco Collection of Colonials formed by Sir Philip H. Snyder, circa 1963-68. PCGS# 503. NGC ID: 2B4N. Click here for certification details from PCGS.