TheCentral States Numismatic Society Conventionmarks its 80th anniversary this year, andHeritage Auctionsis proud to be the Official Auctioneer once again. OurCSNS Signature Auctionruns from April 25-28, withPlatinum Nightscheduled for the evening of Thursday, April 25, at 7 PM CT.
Most notable among the many outstanding offerings in this auction is an excellent selection of coins from the earliest days of theUnited States Mint.
This early example of a bimetallic coin was intended to create a coin with the proper intrinsic value that was still small enough to circulate with ease.
Unfortunately, the mechanical problems encountered when preparing and striking the copper cents with a silver plug were too great to overcome in high-volume coinage operations, and as a result, the country saw the production of large one cent coins for another 65 years.
This example is one of only 12 distinct examples known, with a soft strike perhaps obscuring the fact that actual wear is rather light.
A second 1792 pattern issue in this auction is adisme struck in copper, graded SP25 by PCGS, and sharing theFlowing Hairobverse with the 1792 Silver Center Cent above. In an absolute sense, thecopper dismeis the most common of the 1792 patterns (thehalf dismewas a regular issue), but with a mere 18 coins known, it remains extremely rare in an absolute sense.
The mint began full production of coinage in 1793, and it would soon produce 10 different denominations for circulation, ranging fromhalf centtoeagle. An outstanding survivor of the early days of the Mint is an1805/4 half dollar, O-101, graded MS65 by NGCas a part of theEric P. Newman Collection, and now being offered as a part of the selections from theJim O’Neal Collection. A mere two examples of any half dollar minted in 1805 have been certified at the MS65 grade level by the major grading services combined, and both are overdates – this coin, and theEliasberg/Poguespecimen. No other coin has been certified higher than MS63.
Among the many other highlights of this auction are coins such as the following: