These silver dollar-sized coins were the first of their size struck in the American colonies, but their value was never stated and they seemingly did not circulate heavily. They were struck mainly in pewter, with some examples known in brass and silver, though examples struck in the latter two metals are extremely rare. It is thought the pewter pieces passed as a dollar. There are also numerous die varieties for this fabled issue, including one variety with CURRENCY misspelled as CURENCY.
Graded AU-58 by PCGS with the CAC sticker of approval, the lustrous silver-gray specimen we will offer in February is one of the correctly spelled CURRENCY varieties, Newman 2-C, a stalwart among those who specialize in this series. The sundial and admonition to MIND YOUR BUSINESS on the obverse would resurface as a design in 1787 for the Fugio copper series. Much crinkly silver brilliance is retained among the devices, including the chain of links that represent the 13 original colonies on the reverse.
We hope to see you early next year in the Big Apple, New York City, when we present our 2014 Americana Sale. We already have a stellar line-up of rarities, including this link with American history, the 1776 Continental Currency piece graded AU-58 by PCGS. It’s not too late to see your coins in our February 2014 Americana Sale and we hope to hear from you! Contact one of our consignment directors today and let our success be your success.