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首席收藏网 > 数据中心 > Stack's Bowers and Ponterio > SBP2018年10月巴尔地摩#7-美洲早期钱币

Lot:6255 1786 Vermont Copper. RR-9, Bressett 7-F, W-2040. Rarity-4. Baby Head. Fine-12. Countermarked JB.

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世界钱币

USD 1500

SBP2018年10月巴尔地摩#7-美洲早期钱币

2018-10-26 23:00:00

2018-10-27 03:00:00

USD 2400

SBP

成交

1786 Vermont Copper. RR-9, Bressett 7-F, W-2040. Rarity-4. Baby Head. Fine-12. Countermarked JB.97.8 grains. An incredibly important relic of early American commerce. This piece is a delightful representative of the popular Baby Head variety, offering glossy surfaces and bold definition to each side. The reverse is rotated 90 degrees clockwise, orienting AUCTORI opposite the date and leaving both soft. Darker coffee and russet patina inhabit the fields, while the devices show lighter honey-brown coloration. Slightly drawn towards 5 oclock on the reverse, which just trims the tops of LIB at the edge. The planchet shows a narrow and natural flaw that spans from the rim near I of LIB to the I of INDE.<p><p>Most significant is an elliptical countermark in the right reverse field enclosing the characters JB written in cursive. What appears to be a small "o" separates the two larger letters. This mark is likely the work of famed English silversmith John Bailey, who was working throughout New York state from the 1750s up until his death in 1815. This mark is inverted relative to the reverse motif, and is precariously placed between the hip of the seated figure and the colon separating ET LIB. The oval cartouche is tight to the letters within, and the punch is deeply impressed at the right but more shallow at the left. Considerable patina fills the crevices of the mark, though the identification as the letters JB is unmistakable. <p>Born in 1736 in England and trained in Sheffield, Bailey arrived in America around 1755 and established a metalworking shop in New York City on Wall Street in the modern day Financial District. He developed a successful business and practiced for a couple of decades until the British Occupation in 1776 drove him upstate to the town of Fishkill. Fishkill was an important town of the Revolutionary and early Federal era, situated near the Hudson river and playing an important role in the economic and political interactions between New York City and Albany. It was during his time working in Fishkill that he became a favorite swordsmith of the Continental Army and would craft a sword for General George Washington in 1778, which Washington kept with him through the end of the war. This sword is marked with Baileys name at the top of the scabbard and it now resides in the collection at Mount Vernon, though similar swords by Bailey have sold for over $150,000 at auction. Though we have not found a completely identical match to the present mark, we are led to the attribution of Bailey through both contextual evidence and stylistic similarities to his signature on his swords and similar oval punches found on cutlery from the Fishkill area. <p>While the current JB countermark has not been previously tied to numismatics, John Bailey himself is certainly a familiar figure within the discourse of early U.S. coinage. Upon his return to New York City in 1784 after the war, Bailey formed a coalition with famed goldsmith Ephraim Brasher to petition the New York State legislature in order to secure a coinage contract. In demonstration of their capabilities, they issued several "pattern" coppers including the 1787 Excelsior copper and 1787 Nova Eborac copper which are popular among Colonial collectors today. Bailey is also considered responsible for the Running Fox varieties of the New Jersey copper, which share punches with the Excelsior coppers, Nova Eborac coppers, and even the famous 1787 New York Brasher doubloons. With a modern weight of under 98 grains it was considerably lighter than most recognized issues of the era, though the mark of a respected silversmith was likely enough to assuage suspicion. This specimen is a potentially crucial piece in the fascinating but complex puzzle of the early American economy, and it is sure to draw considerable interest from collectors of many specialties.From the Cohasco Collection of Colonials formed by Sir Philip H. Snyder, circa 1963-68.

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