Handsome Liberty and Security Penny
Circa 1795 Liberty and Security Penny. Musante GW-45, Baker-30, W-11050. Copper. ASYLUM Edge. MS-64 BN (PCGS).
33.2 mm. 305.6 grains. Gently mottled steel brown and deeply faded tan with soft nuances of pale blue-green in some areas of the fields. A beautifully produced and preserved specimen, struck from early state dies. Generously prooflike fields on both sides with sharp motifs that boldly stand out from them. Nearly perfect centering, with the edge device boldly applied. This piece might well explain the rare corded rim variants. While the medal is beautifully struck, apparently with great care, the rim distortions that resulted from the addition of the edge device did not strike out when the medals were made, leaving the rims rather irregular. The process of "cording" them would naturally mask some of this unevenness and made them more uniform, even if not perfectly so. Perhaps this effort was abandoned when it was realized that it was an imperfect solution and simply too work intensive for the result. Whatever the case, this piece, Syd Martin's duplicate, leaves no question as to why he would retain it. It is an absolutely lovely example of this classic type.
PCGS# 767. NGC ID: CC42.
From the Sydney F. Martin Collection. Earlier ex the Lawrence R. Stack Collection, November 2006.
Price realized | 2'400 USD |
Starting price | 1 USD |
Estimate | 4'500 USD |