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Identifying a Colonial: rare Machin's Mills update

Good evening everyone: With this note, I update a thread of last Dec. 26 in which I posted a couple of pictures of a colonial which I had very tentatively identified as a rare Machin's Mills piece. The consensus of much-more-informed readers was that the coin was the real deal. So in early January, I took the coin to Stack's/Bowers in NYC for a consult. Cut to the chase: the coin is indeed as suspected ... Vlack 13-87CT, 5 now known .... and it resides in a PCGS Genuine holder.

A different thread on this coin suggests that this coin was cherry-picked. I stress that the coin belongs to a retired couple who are not numismatists and did not realize what they had. As the fellow who has been helping them dispose of a small accumulation of low-end type material, I confess that I too did not know what they had. But a little research in a good book and help from the generous folks on this forum has resulted in a nice payday for them. I thank those who advised me on this coin, and I thank PCGS for sponsoring this forum.

Whit.

The original thread:


Good evening, all:

Below are links to a colonial dated 1787 that I have been trying to identify. I've looked at the Redbook and I've looked at Seaby, but have had no success. I have also look at Breen's encyclopedia, and find no photographic match there either. But it does have (to my eye, anyway) many of the earmarks of a Machin's Mills issue pictured in Breen. Breen's entry 998 (on page 98 of my edition) of which there is no accompanying picture refers to a 1787 issue called Round Head, with inscriptions GEORGIVS III REX / INDE ET LIB. I was ready to declare a tentative victory until I read further that there are only 3 pieces known. So I'm skeptical.

If you have any insights or suggestions, please weigh in. Thank you, and thanks to PCGS for providing this forum.

Good night.

Whit.

p.s. I'll be away from my computer much of the 27th, so will not be able to respond to any messages till late tomorrow night.


Side 1

Side 2



Another shot of Side 1

Another shot of Side 2

edited for spelling and updating

Whit

Comments

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    ambro51ambro51 Posts: 13,620 ✭✭✭✭✭
    Let's get other opinions also but from what I have here it looks like this is the rarity you think it is. image
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    rickoricko Posts: 98,724 ✭✭✭✭✭
    Ambro has your match.... nice specimen...Cheers, RickO
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    ambro51ambro51 Posts: 13,620 ✭✭✭✭✭
    Clearer photos from Whitmans colonial book. Somebody should do an "overlay" here to confirm. imageimage
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    tincuptincup Posts: 4,794 ✭✭✭✭✭
    I'm no expert in these coins... but from what I can tell it looks like a match. Congrats... a nice coin and nice details to boot.
    ----- kj
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    ambro51ambro51 Posts: 13,620 ✭✭✭✭✭
    A Find worthy of a BUMP
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    MsMorrisineMsMorrisine Posts: 32,273 ✭✭✭✭✭


    << <i>Clearer photos from Whitmans colonial book. Somebody should do an "overlay" here to confirm.
    imageimage
    imageimage >>





    side by side... instead?

    Current maintainer of Stone's Master List of Favorite Websites // My BST transactions
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    MsMorrisineMsMorrisine Posts: 32,273 ✭✭✭✭✭
    the last 7 appears different

    Current maintainer of Stone's Master List of Favorite Websites // My BST transactions
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    MsMorrisineMsMorrisine Posts: 32,273 ✭✭✭✭✭


    << <i>the last 7 appears different >>



    it looks like a match in so many areas.(I want it to match just for the amazing find it would be)

    perhaps it is a bad area in the photo from the redbook?

    is this particular one in the online edition of the redbook? (going out in a sec)

    Current maintainer of Stone's Master List of Favorite Websites // My BST transactions
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    ambro51ambro51 Posts: 13,620 ✭✭✭✭✭
    Yeah, Yeah, Yeah! I'm calling it. Dead match. I'll grade it Fine+. .. That is one **AWESOME** Find . I do think presented through Stacks that coin would bring Mercedes Benz money. Let's see what Jon or Mike has to say.
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    MsMorrisineMsMorrisine Posts: 32,273 ✭✭✭✭✭
    Isthis also it?

    stacks

    Current maintainer of Stone's Master List of Favorite Websites // My BST transactions
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    ambro51ambro51 Posts: 13,620 ✭✭✭✭✭
    That's the one listed in Whitman book auction archive. Nicer surfaces...
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    HussuloHussulo Posts: 2,953 ✭✭✭
    Wow definitely looks like a match and if so great find! Cha ching! image
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    MsMorrisineMsMorrisine Posts: 32,273 ✭✭✭✭✭
    I calmed down and made it two wide.




    Current maintainer of Stone's Master List of Favorite Websites // My BST transactions
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    MsMorrisineMsMorrisine Posts: 32,273 ✭✭✭✭✭
    imageimage
    imageimage

    Current maintainer of Stone's Master List of Favorite Websites // My BST transactions
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    MsMorrisineMsMorrisine Posts: 32,273 ✭✭✭✭✭
    the top of the last 7 match down to that recessed part of the top near the right side point.
    Current maintainer of Stone's Master List of Favorite Websites // My BST transactions
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    WhitWhit Posts: 318 ✭✭✭
    Good evening, all:

    First, I deeply thank all of you who have taken the time to consider and comment upon the posted colonial.

    Second, I could not be more surprised. Two Octobers ago, I posted a Vermont colonial that was owned by a retired couple here in northwest CT … not collectors, but friends of the family who were wishing to dispose of a small accumulation. The feedback on that coin indicated that it was the scarce RR-3 variety. The coin I posted yesterday also belongs to this couple. It is their only other colonial, and two Octobers ago I didn’t make much of it, expecting it to be a common piece. Well, as I said, I couldn’t be more surprised. I have just emailed the owners of this tentative finding (I don’t want to be definitive until a top-tier auction house says so), and am looking forward to their response.

    Again, I thank you.

    Whit


    edited to correct RR variety
    Whit
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    breakdownbreakdown Posts: 1,955 ✭✭✭✭✭
    If it pans out, what a great and exciting find. Please update the post when you've had it verified by auction company.
    Good luck!

    "Look up, old boy, and see what you get." -William Bonney.

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    ambro51ambro51 Posts: 13,620 ✭✭✭✭✭
    It's good you presented this here, in this manner. XX% of BM operators would fail to "handle" this coin, and these coin owners in a proper manner. You know, I can think of at least three major colonial specialist dealers on this forum who can work with you all in a professional manner. Make SURE these folks dont "clean 'em up" for you!!!!!!!!!!!!!!!!!!!
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    BillJonesBillJones Posts: 33,506 ✭✭✭✭✭
    Here is the representative example I have in my collection.

    imageimage
    Retired dealer and avid collector of U.S. type coins, 19th century presidential campaign medalets and selected medals. In recent years I have been working on a set of British coins - at least one coin from each king or queen who issued pieces that are collectible. I am also collecting at least one coin for each Roman emperor from Julius Caesar to ... ?
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    ambro51ambro51 Posts: 13,620 ✭✭✭✭✭
    Nice Copper Bill! BTW those engravers do NOT get adequate credit for some amazingly intricate and creative designs . Some reverses, the Vermont Ryder 27...comes to mind, would stand on par with most "Real" mints. It should be noted there are stories handed down which indicate these coins were "aged,treated somehow" before circulation to allow more ready acceptance. Of course, full RB examples DO exist so that punches a hole in the artificial aging theory.
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    WhitWhit Posts: 318 ✭✭✭
    Update given in original post of Dec. 26
    Whit
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    leothelyonleothelyon Posts: 8,372 ✭✭✭✭✭
    Whit, I'm giving out my first, "You Suck" award. Let me know when they let it go up for sale.


    Leo

    The more qualities observed in a coin, the more desirable that coin becomes!

    My Jefferson Nickel Collection

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    rickoricko Posts: 98,724 ✭✭✭✭✭
    Awesome.... Congratulations...Cheers, RickO

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