The Collectors' Auction 2009
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Please Note: A 15% Buyers' Premium is added to the hammer price of all lots in this sale.
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(About The Images)
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Lot Title:
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1786 Vermont Copper, "VERMONTENSIUM" obverse. Ryder-8, Rarity-4, 111.4 grains. VF.
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Description:
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Included is the envelope that has been home to this coin for decades, and it lists an esteemed pedigree for Robert A. Vlack, who is a noted collector and author of several numismatic books on early U.S. copper. Six months after the original thirteen colonies declared their independence from the mother country, Vermont proclaimed itself an independent republic, and would remain as such until it became the first state to enter the Union after the original thirteen colonies. As a republic, Vermont was the first American government to authorize legal production of coins. Reuben Harmon, Jr. was granted exclusive license to manufacture copper coinage for two years, commencing on July 1, 1785, and thus began the history of the Vermont Landscape coins. Originally stipulated to weigh 160 grains, this standard was reduced on October 27, 1785 to 111 grains to be on par with the Nova Constellatio coppers already circulating. Your cataloger suggests that the minting machinery was already configured to strike thicker planchets, and introduction of the thinner planchets is partially responsible for the uneven strikes that are virtually always seen, and the fact that the strike pressure was not sufficient to eradicate flaws pre-existing in the blank planchets. Such seems to be the case here, as the granularity seen beyond the right edge of the landscape scene and correspondingly on the right side of the all-seeing eye was present in the source planchet, and not the product of subsequent environmental issues. Despite the shortcomings of the planchet, details are mostly present and bold, with the date very bold and resting well above the bottom edge of the coin. Peripheral legends are nicely brought up where they exist, though PUBLICA is missing from the area of the pre-existing planchet deficiency. The nice, hard brown surface quality reveals really only minor surface porosity and fades just a little to a splashy brassy area at the center of the obverse, but overall eye appeal is considerably above average for the type. Even casual colonial collectors know that the Vermont Landscapes almost always look rough, and it is a scarce opportunity to upgraded when one that looks this nice comes along!
This lot may contain an item not certified by ANACS, PCGS, or NGC. While Scotsman Auction Co. is typically conservative in our descriptions of items not certified by one of these companies, we cannot guarantee our grading estimation will match their grade. We highly recommend that collectors seeking items certified by a third-party grading service only bid on items that have already been certified. No lot can be returned because of a variance in judgment with regards to grade.
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Low Estimate:
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$750.00 |
High Estimate:
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$900.00 |
Lot Status:
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Bidding has been closed for this lot. |
Hammered Price: |
$650.00
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Price Realized:
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- |
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Price history for items of the same classification:
No history for this lot classification has been found. |