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V13 2010 INDEX       E-SYLUM ARCHIVE

The E-Sylum: Volume 13, Number 23, June 6, 2010, Article 12

HERITAGE OFFERS EDWARD ROEHRS COLLECTION OF U.S. REGULATED GOLD

This announcement is taken from the Heritage Auctions Coin News email published yesterday (Saturday, June 5, 2010). -Editor

Roehrs Regulated Gold We are proud to present the intriguing Edward Roehrs Collection of U.S. Regulated Gold, including 73 different examples, at the Official World Coin Auction of the Boston ANA World's Fair of Money, August 8-16, 2010.

One of the most fascinating and important episodes in America's coinage history occurred in the early national period. Ephraim Brasher's "EB" counterstamp, so well known thanks to the famous Brasher doubloons, was part of a much wider process in Confederation-era New York. Various jewelers were authorized to weigh and correct coin weights to ensure that the important trade with West Indies used foreign gold coins at their full value.

Thus, we find the counterstamps of Regulators Ephraim Brasher, John Burger, Joseph Richardson, Robert Cruikshank, Myer Myers, and Daniel Van Voorhis, on host coins from several countries, especially punches applied to gold plugs inserted to raise weight/gold content, including Brazil, Portugal, and England. Plus, this collection will include newly discovered goldsmiths whose products will be offered publicly for the first time.

This ingenious solution, using well-known goldsmiths to mark or plug coins, became widespread throughout the West Indies and it has been within collections of that specialty that many of these important American artifacts have long hid from view. The usual rules of numismatic value do not apply to these "Regulated" coins. Their enhanced value is created by actions that would reduce the value of other coins, such as drilling, plugging, and counterstamping. Indeed, these dynamic processes enrich their history and value, then the history of any individual regulated coin is further amended by actions taking place after regulation.

Regulated gold coins were typically found only in the most advanced collections formed in the early 20th century (and often very few examples) such as Garrett, Eliasberg, Ten Eyck, Ford, Roper, Brand, Jackman, and Newcomer. The few surviving examples often come with impressive pedigrees.

This catalog, with new research on smiths, weight standards, and provenance, will become a textbook in a field that has suffered from a lack of information. Reserve your copy now, and plan to participate in one of the most important specialized offerings of early American coins ever held.

Roehrs Regulated Gold

  • France: Louis XV Louis d'or aux lunettes 1735-R. Orleans mint. EB mark in oval for Ephraim Brasher.
  • Brazil: Jose I 6400 reis 1758-R. Rio mint. EB mark in oval for Ephraim Brasher, F+G mark in oval for Lewis Fueter and G.
  • England: George III guinea 1775. Script JB monogram for John Burger.
  • Brazil: Joao V 12800 reis 1730-M. Minas Gerais mint. IR mark for Joseph Richardson, Jr.
  • Chile: Carlos III 8 escudos 1775 DA. Santiago mint. EB in oval for Ephraim Brasher.
  • Brazil: Jose I 6400 reis 1771-R. Rio mint. MM mark for Myer Myers.
  • Portugal: Joao V 6400 reis 1739. Lisbon mint. EB mark for Ephraim Brasher. F&G mark for Lewis Fueter and G.
  • Brazil: Joao V 6400 reis 1739-B. Bahia mint. F&G mark of Lewis Fueter and G.
  • Brazil: Jose I 6400 reis 1756-R. Rio mint. Marked RH for Richard Humphreys.
  • Brazil: Jose I 6400 reis 1753-B. Bahia mint. DV for Daniel Van Voorhis.
  • Brazil: Joao V 6400 reis 1737-B. Bahia mint. TP for Thomas Pons, Boston.




73 different examples! What a marvelous collection, and a challenge to put together. I doubt one could see this many examples of these coins in one place anywhere else. This catalog sounds like a "keeper". But where did the term "regulated gold" come from? I don't recall seeing it before.

To view the complete catalog, see: coins.ha.com/common/auction/catalog.php?Sale_No=3010

Wayne Homren, Editor

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