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Dallas Signature US Coin Sale 1260  1 & 3 Nov 2017
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Lot 15021

Starting price: 1 USD
Price realized: 6500 USD
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Colonials
1787 COPPER Immunis Columbia, Eagle Reverse, W-5680, High R.4, AU55 NGC. Die alignment: 150°. One of the classic American coin designs of the Confederation period, though one that largely remains shrouded in mystery. This is a Choice AU example of the only widely collectible variety of the Immune/Immunis Columbia coppers. Struck on too small of a flan, the date and the top of E PLURIBUS are a bit cut off, but this is the case for all examples except for the extremely rare wide planchet variety of which only four pieces are known. The color is a nearly uniform milk chocolate brown, with a darker spot between Columbia's left foot and the final A of the legend being the only real exception. A small scratch on the eagle's neck is the only mark that draws attention. Breen felt that these were made by Matthias Ogden as patterns for a proposed Confederation coinage and were dumped into circulation when that effort failed. However, as Bowers writes in his Colonial Encyclopedia, "There have been many theories about the makers of these dies and places of coinage, but facts are scarce." Listed on page 57 of the 2018 Guide Book.
Ex: Eric P. Newman Numismatic Education Society.

HID02901242017
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