1792 AE Token Washington President General Reverse, USA Edge, BN MS (PCGS#720)
October 2018 Baltimore U.S. Coins Auction
- 拍卖行
- Stack's Bowers
- 批号
- 7129
- 等级
- XF45BN
- 价格
- 459,673
- 详细说明
- Extremely Rare 1792 Perkins Pattern with Lettered Edge
GENERAL OF THE AMERICAN ARMIES Reverse Perhaps Six Known
1792 Washington President pattern. General Reverse. Baker-59A, Breen-1235, Musante GW-35, W-10695. Lettered edge. EF-45 (PCGS).
172.5 grains. By Jacob Perkins. Mottled light brown and deep olive tones mingle over smooth, pleasing surfaces. The devices are very sharp, showing Perkins’ Washington bust in superb relief and offering complete reverse legends, even at the usually weak center. The G of RESIGNED is a trifle soft, but all other lettering is bold and complete. Scattered evidence of handling is seen, including two short scratches along the left reverse rim below the first A in AMERICAN, two light rim nicks near 4:00 on that side, a mark under D of PRESIDENT, and a trivial rim push under 9 of the date. The surfaces retain some ancient hairlines suggestive of an old cleaning, but the gloss and metal quality remain good.
There appear to be only six of these: Norweb’s is the AU-55 on the PCGS Population Report, the only other one certified by them. It’s clearly the best of these. The Stickney-Ellsworth-Garrett coin is very nice but shows a little softness on the reverse. Roper’s was well worn. The Appleton coin, ex. Mickley and Cohen, appears to still be at the Massachusetts Historical Society; it did not appear in the deaccession auctions of March 1973 or August 1976, though a plain edge specimen was sold by Stack’s in June 1973 that likely came from another source. Those four examples were listed in both Breen and Fuld’s census; another in Bowers and Merena’s September 1984 sale brings the total to five pieces, and this one makes six. Neither Ford nor Newman owned a specimen, and this variety was likewise missing from Partrick.
The presence of a lettered edge underscores how talented a coining mechanic Perkins was, able to not only engrave and harden dies, but to produce edge dies and apply them with an edge mill. The machinery is simple, but the combination of skills required to produce all three sides of a coin like this is not. This edge, reading UNITED STATES OF AMERICA . X ., also appeared on Perkins’ Washington Born Virginia coppers.
Provenance: From the Archangel Collection. Earlier, from Stack’s, privately, September 1983; Anthony Terranova.
PCGS Population: 1, 1 finer (AU-55).
PCGS# 720
Click here for certification details from PCGS.
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