1787 NJ 1/2P Pony Head, Maris 38-c, BN MS(PCGS#766275)

1787 NJ 1/2P Pony Head, Maris 38-c, BN MS (PCGS#766275)

November 2019 Baltimore Colonial Coins and Americana Auction

Lot Description: 1787 New Jersey copper. Maris 38-c. Rarity-3. Outlined Shield, Small Head. AU-53 (PCGS). 159.6 grains. Frosty golden olive with some highlights of iridescent rose. Off-center to 6:00 on the obverse, affecting about half of the date, similarly aligned to 1:00 on the obverse. Poor centering is a hallmark of this variety, and the Taylor-Demling coin (the plate coin in Siboni, Howes, Ish) shows nearly identical centering. Little worn, very attractive, and problem free, though the reverse shows some natural planchet striations and irregularity. Die State 4, with a small break on the lower left border of the shield, softness on B of PLURIBUS, bold clashing above the shield, and swelling right of the shield. There are a fair number of nice examples from this die marriage, led on the SHI Condition Census by an unverified AU in the Anton Collection and the Taylor-Lorenzo-Demling coin that brought $3,450 in our January 2008 Americana sale. The Newman coin, ranked second, is an extraordinary double-strike which isn’t easily comparable to normally struck examples. This one should rank in the top half dozen or so. Provenance: From the E Pluribus Unum Collection of New Jersey Coppers. PCGS# 766275and 506. Click here for certification details from PCGS.