1788 Vermont Copper. RR-18, Bressett 19-X, W-2135. Rarity-5. Bust Right, *ET LIB* *INDE--Overstruck on a Contemporary Counterfeit Halfpenny--VF Details--Damage (PCGS).

112.7 grains. A second example of this scarce and eagerly sought variety, the present coin is more sharply struck than the preceding, but with the undertype not as pronounced. Deep golden-tan surfaces are fairly pleasing, but exhibit a uniform microgranular appearance under low magnification. Obverse perfectly centered, bisecting die crack from border to border at 1 to 7 o'clock, as virtually always seen, undertype most prominent among with peripheral legend on that side. The reverse is also perfectly centered with details from the host coin evident throughout. The PCGS qualifier concerns an attempted puncture at the shield that has caused a prominent raised area on the obverse at the letters CT in AUCTORI, a reverse scrape below the shield is also noted. Were it not for these features the coin would be remarkably mark free. The weight of this piece falls somewhere between Carlotto's "light thin planchets" category of 75 to 85 grains and his "heavier types" category of 115 to 125 grains. Choice for the grade despite the obvious, the amount of detail that this coin displays is sure to win many adherents among Vermont copper enthusiasts.

PCGS# 800834.

From the Q. David Bowers Collection. Acquired from the Frisco Mint, February 13, 2017. Earlier ex Anthony Terranova; Dan Freidus; our sale of the Dan Freidus Collection, November 2012 Baltimore Auction, lot 6662.