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Long Beach Signature US Coin Sale 1252  16-17 Feb 2017
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Lot 3607

Starting price: 1 USD
Price realized: 60 000 USD
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Colonials
1787 COPPER Immunis Columbia, Eagle Reverse, Wide Planchet, AU55 ★ NGC. Breen-1136, W-5680, R-7. 167.8 grains. Ex: Parmelee/Ten Eyck/Newcomer/Green/ Newman. There are two formats known for the 1787 Immunis Columbia coins. The narrow planchet coins are typically 26 to 27 mm., with about 100 examples known. The wide planchet overstrikes, such as the present piece, are about 29 to 30 mm., with just four examples believed to survive. Typically, overstruck coins used random coppers pulled from circulation to provide additional planchet stock. But each of the known wide planchet Immunis Columbia pieces are on identical New Jersey varieties, suggesting these Immunis Columbia pieces were coined alongside certain New Jersey coppers.
In New Jersey State Coppers, Roger Siboni, John Howes, and Buell Ish identify the broad planchet overstrikes as 1) an example in the Col. Phares O. Sigler Collection; 2) the present Newman coin; 3) an example in the 1976 ANA sale; and 4) the Garrett specimen.
The present example is exceptionally original and high-end for the AU55 NGC grade, as indicated by the NGC Star designation. The oversized flan allows the design to be viewed in its entirety, including all dentilation, the legends, and a full date. Ample evidence of the undertype exists, especially at the margins where a second row of dentils remains from the undertype. The medium-brown surfaces are boldly struck and display hints of orange-brown patina.
The 1787 broad-flan design is not to be confused with the more common Immunis Columbia pieces that were struck on smaller diameter planchets, with the legends and/or the date running off the too-small flans. Those coins are thought to have been struck later than the broad-flan coins, possibly at the Rahway mint in 1788 or later in Elizabethtown, NJ. Listed on page 57 of the 2017 Guide Book.
Ex: Lorin G. Parmelee Collection (New York Coin & Stamp, 6/1890), Lot 596; James Ten Eyck; Albany Historical Society; James Ten Eyck (B. Max Mehl, 5/1922), Lot 845; Waldo Newcomer (circa 1931 via B. Max Mehl); "Colonel" E.H.R. Green; Green Estate; B.G. Johnson in the early 1940s; Eric P. Newman, purchased for $50.00; Eric P. Newman Numismatic Education Society; Newman Collection, Part IV (Heritage, 5/2014), lot 30425; Anaheim ANA Signature (Heritage, 8/2016), lot 3931.
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