1796 AR Token Myddelton PR (PCGS#649)
Spring 2023 U.S. Coins Auction
- 拍卖行
- Stack's Bowers
- 批号
- 1248
- 等级
- PR65
- 价格
- 194,920
- 详细说明
- Lovely Gem Silver Myddelton Token
Proof-65 (PCGS)
1796 Myddelton Token. Silver. W-8905, Breen-1073. Proof-65 (PCGS).
179.5 grains. Described in 1969 as "Gem Proof, a magnificent coin with frosty, high relief, and mirror-like fields, the latter suffused with a rainbow iridescence." The toning is mostly pastel blue with hints of violet, as well as rich golden shades around the peripheries and across the reverse fields. Only a few wispy hairlines could be mentioned as possible flaws. The strike is superb, bringing up the fine medallic engraving on both sides; while many Myddelton tokens are nice, very few are fully struck. Most survivors of this issue are in the lower Proof grade ranges of Proof-62 or Proof-63. This is a very nice, very pretty example that's been preserved with care for centuries, far better than usually encountered.
While never intended to circulate in America, this piece has a profound story to tell about American immigration in the post-Revolutionary period. Philip Parry Price Myddelton controlled a large piece of real estate in Kentucky but, while attempting to people it with useful tradesmen interested in emigrating from England, ran afoul of a British law meant to stop the exporting of valuable laborers. The project ended, but not before the dies for Myddelton's tokens, executed by Conrad Kuchler at Boulton and Watt, had been executed. The tokens became popular among the collectors of the day, and most were preserved in contemporary British cabinets. Fewer than 20 silver specimens exist today. Most are pretty nice, though few are as richly original as this one.
Provenance: From the Sydney F. Martin Collection. Earlier from Harmer Rooke's sale of November 1969, lot 247; Lawrence R. Stack Collection, November 2006.
PCGS Population: 2; 1 finer (MS-66).
To view supplemental information and all items from the Sydney F. Martin Collection, click here.
PCGS# 649.
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