||1787 COPPER New Jersey Copper, No Sprig above Plow Fine 12 NGC. M. 38-a, W-5180, R.5. 142.0 grains. Maris 38-a is an elusive variety. Dr. Maris knew of just two or three examples in 1886, although he had incorrectly called the variety "common" in his 1881 reference. Today, the known population includes about 50 pieces in all grades, but few of those are finer than the Eric P. Newman coin. In fact, the 38-a is one of the most difficult New Jersey varieties to find in grades better than VG. This piece has tan devices with intermingled steel and maroon fields, showing faint granularity that results in matte-like surfaces, and renders the design elements indistinct. Ex: Eric P. Newman Numismatic Education Society.
Realized $1,586.25. Description courtesy of Heritage Auctions.