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Dallas Signature Sale 1373 28-31 Mar 2024
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Colonials
(1795) Liberty and Security Penny, Asylum Edge, Gilt, MS62 PCGS. Baker-30D, Musante GW-45. The Rulau-Fuld reference lists only nine known examples with gilt surfaces. This is a sharp Uncirculated example of the rare finish, with bright yellow-gold surfaces and a few bits of aged encrustation at the rims. Occasional microscopic specks scatter elsewhere on the smooth surfaces. The popular Washington Liberty and Security token becomes scarce in Uncirculated conditions when struck in copper, and is rarely seen in its fire-gilt format. The most recent appearance of a similar piece we can recall is in the November 2006 Norweb Collection sale by Stack's, lot 2035 -- an AU55 example -- that was described in part:
"Fuld estimates that 'probably 10 are known' in fire gilt copper, but the population seems perhaps even lower than that -- Ford did not own one, nor did Garrett, Picker, Steinberg, Collins, LaRiviere, Roper, or the consignor of the Washingtonia in our Old Colony Collection sale of December 2005. With this rarity lacking from so many major collections, including those which made varieties in the Liberty and Security series a collecting priority, we suspect this prize will see eager competition."
We wonder what the present MS62 example will bring among Colonial issue specialists in today's market. This is the first Mint State example we have had the privilege to offer and the only certified Uncirculated example listed at PCGS (2/24).
https://coins.ha.com/itm/colonials/-1795-liberty-and-security-penny-asylum-edge-gilt-ms62-pcgs-baker-30d-musante-gw-45/a/1373-3005.s?type=DA-DMC-CoinArchives-USCoins-1373-03282024
HID02906262019
© 2024 Heritage Auctions | All Rights Reserved
(1795) Liberty and Security Penny, Asylum Edge, Gilt, MS62 PCGS. Baker-30D, Musante GW-45. The Rulau-Fuld reference lists only nine known examples with gilt surfaces. This is a sharp Uncirculated example of the rare finish, with bright yellow-gold surfaces and a few bits of aged encrustation at the rims. Occasional microscopic specks scatter elsewhere on the smooth surfaces. The popular Washington Liberty and Security token becomes scarce in Uncirculated conditions when struck in copper, and is rarely seen in its fire-gilt format. The most recent appearance of a similar piece we can recall is in the November 2006 Norweb Collection sale by Stack's, lot 2035 -- an AU55 example -- that was described in part:
"Fuld estimates that 'probably 10 are known' in fire gilt copper, but the population seems perhaps even lower than that -- Ford did not own one, nor did Garrett, Picker, Steinberg, Collins, LaRiviere, Roper, or the consignor of the Washingtonia in our Old Colony Collection sale of December 2005. With this rarity lacking from so many major collections, including those which made varieties in the Liberty and Security series a collecting priority, we suspect this prize will see eager competition."
We wonder what the present MS62 example will bring among Colonial issue specialists in today's market. This is the first Mint State example we have had the privilege to offer and the only certified Uncirculated example listed at PCGS (2/24).
https://coins.ha.com/itm/colonials/-1795-liberty-and-security-penny-asylum-edge-gilt-ms62-pcgs-baker-30d-musante-gw-45/a/1373-3005.s?type=DA-DMC-CoinArchives-USCoins-1373-03282024
HID02906262019
© 2024 Heritage Auctions | All Rights Reserved