1787 New Jersey copper. Maris 37-f. Rarity-4. Outlined Shield, Goiter. VF-25 (PCGS).142.5 grains. Even dark olive with finely granular surfaces. Off-center to the left on both sides, with a substantial unstruck area at the right perimeter. Somewhat striated in areas, particularly at the upper right reverse, and showing some old verdigris here and there. A horizontal lamination is noted behind the horsehead. Very late die state, Die State 4, with an extensive break in the shield and a crack that extends through the first U of UNUM to the rim. The sharpness is good, with definition on the horse’s eye and little wear, and the visual appeal is fairly positive. The difference in price between this coin and the one that precedes it, graded identically by PCGS, will be instructive.From the E Pluribus Unum Collection of New Jersey Coppers.