PCGS Auction Prices

1783 Washington Draped Bust Copper

Original Lot at Stack's Bowers

Lot #
11458
Grade
F12
Sale Price
$28,200.00
AUCTION RECORD

Auction Details

Firm Sale Type Name Date Notes Lot
Stack's Bowers Auction The January 2013 Americana Sale Jan-2013 1783 Washington Draped Bust Copper. Baker-2C, Vlack 24-T, Breen-1200, W-10450. Rarity-8. With Button. INDEPEDENCE Misspelling. Fine-12 (... 119.55 grains. In the world of early American coins, there are very few types that are utterly unique, with a known or rumored population of exactly one. This is such a piece, legendary among specialists ever since its initial auction appearance in New Netherlands Coin Company's famed 60th Sale. Despite the best efforts of all manner of collectors and cherrypickers, another specimen has never turned up in any grade. Walter Breen ably cataloged this piece in 1968 as a "Unique Contemporaneous Imitation of the Draped Bust Cent," continuing:

"'1783' (probably ca. 1820-25) Cent. General design only of foregoing. Massive head with bull neck, large ribbon bow behind, toga drapery low and with button, letters and date small, top wreath leaf ends almost midway between & and I, toothed border (rather than beaded) with many letters and 83 running into it; error legend, WASHINGTON & INDEPEDANCE [sic]. Rev. Liberty holding a long cone-shaped cap on pole, box not so tall as usual and longer with what looks like four drapery folds on it, no initials T.W.I.  E.S. in exergue, legend runs into toothed border. Plain edge; wgt. 19.55 grains. Unique. Very Good / Good. Planchet irregularly granular and shows evidence of porosity. Unevenly struck-up on the reverse so that UNITED does not show. Well circulated, although not seriously maltreated or abused. Hitherto unpublished; unknown to previous authorities and cataloguers. Unquestionably contemporaneous with the originals. At the present time unique and of extraordinary interest. Consigned to us from one of  England’s oldest token collections."

Today we can add little, as no further specimens have turned up to give us more information on details not visible on this specimen. The design is so distinctive, the head so crude, that it's shocking