Undated (1795) Washington Liberty and Security Penny. Musante GW-45

Undated (1795) Washington Liberty and Security Penny. Musante GW-45, Baker-30E, W-11055. Copper. ASYLUM Edge, Corded Outer Rims. AU-55 (PCGS). A handsome piece dressed in dominant steel-brown patina with intermingled deep reddish-gold representing where original color was last to fade. The strike is superior for the type, even the top of Washington's head and lower right portion of the shield on the reverse displaying bold to sharp detail. Uncommonly smooth for having seen light handling, the surfaces are free of sizeable or otherwise singularly distracting marks. It has been estimated that just eight to 10 examples exist with this distinctive rim treatment, but the number might be just a hair higher. We have five distinct specimens in our online archives going back to 2007, and it seems that as many as eight others can be fairly quickly found. It would appear that the number of corded rim specimens produced might be similar to the number struck with fire gilt surfaces, but the corded rim examples tend to survive in higher grades for some reason. It might point to a different distribution that resulted in them being more protected, but this is not likely to be sorted with certainty. Provenance: From the Emerald Coast Collection. PCGS# 784. NGC ID: 2B7W. Click here for certification details from PCGS.

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