1787 New Jersey copper. Maris 37-J. Rarity-5+. Outlined Shield, Goiter. VF Detail, Cleaned (PCGS).157.4 grains. Dusky golden gray with finely granular surfaces. While some subtle hairlines are seen, mostly on the reverse, the no grade designation seems a bit punitive. The color is natural in appearance and the visual appeal remains positive. Both sides are well centered, though the die edge is visible on the obverse from 3:00 to 7:00. A healthy lamination is noted on the reverse rim near E of E PLURIBUS, and the rim is a bit crude above UN of UNUM. Die State 1, with a substantial goiter break and a break below the plow bar left of the coulter. There are a fair number of examples of Maris 37-J in this grade, but not many better. The SHI Condition Census is topped by Demling’s EF+, followed by two EFs, and three VF+ coins. The Craige coin is ranked too low at fourth considering its exceptional surfaces, a point underscored by its $23,500 realization in our January 2013 sale.From the E Pluribus Unum Collection of New Jersey Coppers.