Stack's Bowers Galleries

Summer 2022 Global Showcase Auction  –  22 - 28 August 2022

Stack's Bowers Galleries, Summer 2022 Global Showcase Auction

Live Sessions: U.S. Coins & Currency

Part 1: Mo, 22.08.2022, from 6:00 PM CEST
Part 2: Tu, 23.08.2022, from 6:00 PM CEST
Part 3: Tu, 23.08.2022, from 9:00 PM CEST
Part 4: We, 24.08.2022, from 10:00 PM CEST
Part 5: Th, 25.08.2022, from 5:00 PM CEST
Part 6: Th, 25.08.2022, from 10:00 PM CEST
Part 7: Th, 25.08.2022, from 11:00 PM CEST
Part 8: Fr, 26.08.2022, from 12:00 AM CEST
Part 9: Sa, 27.08.2022, from 5:00 PM CEST
Part 10: Sa, 27.08.2022, from 11:00 PM CEST
The auction is closed.

Description

1766 Pitt Halfpenny Token. Betts-519, W-8350. Rarity-3. Copper. MS-64 BN (PCGS).
84.8 grains. 28.1 mm. A gem quality specimen of this classic issue. Abundant mint color persists around peripheries and as a halo around design elements, particularly on the reverse. The surfaces are chocolate-brown, frosty, and thoroughly lustrous, with strong cartwheel on both sides. The centering is ideal and the strike is extremely sharp. Only a little dark spot in the field in front of the chin keeps this piece from some higher grade. No marks, scratches, corrosion, or efforts at improvement are seen, only originality and near perfection. A Pitt halfpenny is on every colonial collectors want list. They exist in every grade, as they seem to have been commonly adopted among the circulating coppers for their size and similar design. Despite the relatively large numbers issued, and the fact that these are technically medalets, they are incredibly rare in high grade. Their target audience was not collectors with mahogany cabinets, but rank and file colonists, the kind of folks who might buy one as a souvenir and end up having to spend it someday. Apparently, most did just that. PCGS has certified just 10 of these in Mint State. Only one was judged better than this example.
PCGS# 236. NGC ID: 2AUH.
PCGS Population: 5; 1 finer (MS-66 BN).
From the Sydney F. Martin Collection. Earlier ex Lawrence R. Stack Collection, November 2006.

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Bidding

Price realized 18'000 USD
Starting price 1 USD
Estimate 17'500 USD
The auction is closed.
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