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V25 2022 INDEX       E-SYLUM ARCHIVE

The E-Sylum: Volume 25, Number 16, April 17, 2022, Article 18

NUMISMATIC NUGGETS: APRIL 17, 2022

Here's a selection of interesting or unusual items I came across in the marketplace this week. Tell us what you think of some of these. -Editor

James I Horseman Crown
James I Horesman Crown obverse James I Horesman Crown reverse

(x) NGC VF35 | James I (1603-1625), First Coinage, Crown, 24 March 1603 - 22 May 1604, Tower, (m.m.) • IACOBVS • D .' G .' ANG .' SCO .' FRAN .' ET • HIB .' REX •, King on horseback trotting right, ground line below, rev. (m.m.) • EXVRGAT • DEVS • DISSIPENTVR • INIMICI •, square-topped and lightly garnished shield, 29.59g, 2h, m.m. thistle (FRC II/III, lot 17; North 2070; Spink 2643), , in NGC holder, graded VF35 (Cert. #2824363-001) [Joint Finest Certified]

A nice James I Horseman crown offer by SPINK in the upcoming David Hoover Collection of Crowns: 1551-1953. -Editor

To read the complete lot description, see:
NGC VF35 | JAMES I (1603-1625), FIRST COINAGE, CROWN, 24 MARCH 1603 - 22 MAY 1604, TOWER (https://live.spink.com/lots/view/4-5NW51J/ngc-vf35-james-i-1603-1625-first-coinage-crown-24-march-1603-22-may-1604-tower)

1797 Small Eagle Dollar
1797 Small Eagle Dollar obverse 1797 Small Eagle Dollar reverse

Pleasing Small Eagle Dollar has a touch of pretty blue/green in stars 5-6-7. No recent trades in 30 but 35's bring 7500-8500! Small eagle dollars are under rated.

I noticed this one in the stock of Harry Laibstain Rare Coins. Nice type coin that's seen cirulation, but still looks nice. -Editor

To read the complete lot description, see:
1797 $1 9X7 LARGE LETTER *** PCGS VF30 (http://hlrc.com/Inventory/CoinViewer?id=870605001&c=23)

William Reed Counterstamp on Large Cent
William Reed Counterstamp on Large Cent obverse William Reed Counterstamp on Large Cent reverse

US Draped Bust Large Cent (1796 - 1807)

Countermarked "WM / REED" (in a very decorative style)

The mark is too large to fit on the coin. It is stamped twice in a fashion that makes it easy to read the name. Raised letters within a serrated rectangle. The "M" of "WM" is small and raised above a decorative design. This is one of the neatest maker's marks that I've seen. I have seen at least one other of these countermarks (in 2006 or 2007).

There are two gunsmiths named William Reed listed in Sellers (American Gunsmiths), page 249. This piece may have been issued by one of them.

Possibility: REED, William -- Gunsmith, 11 Water Street, Baltimore, Maryland, 1802.

Brunk R-157.

Bob Merchant is offering an interesting merchant counterstamp on eBay this week - an unusually large stamp on a very worn Draped Bust Large Cent. -Editor

To read the complete lot description, see:
US Draped Bust Large Cent, Counterstamp "WM REED" (William Reed) (https://www.ebay.com/itm/134081682511)

Silver Dollar Love Token
Silver Dollar Love Token obverse Silver Dollar Love Token reverse

This item has been sold. These are typically made with smaller coins. Interesting engraving on a Morgan dollar. Perhaps a souvenir of a couple's 25th anniversary. -Editor

To read the complete lot description, see:
Lot 595: Victorian Love Token / Silver Dollar (https://www.invaluable.com/auction-lot/Victorian-Love-Token-Silver-Dollar-595-c-A1A469FBBD)

1909 "Black Dragon" 5 Yuan Note
1909 Black Dragon 5 Yuan Note

(t) CHINA--PROVINCIAL BANKS. Kwangsi Bank. 5 Yuan, 1909. P-S2346. PMG Choice Fine 15 Net. Repaired, Severed & Reattached.

(S/M#K36). This is an exciting opportunity to acquire one of the most desirable and coveted pieces of World Paper. Among the most significant Chinese pieces in all of numismatics, this "Black Dragon" note is the sole graded on PMG's census and without question the finest & only example we have ever handled for this denomination. The design features facing black dragons protecting a vignette of five 1 Dollar Kwangsi coins. The pearl of wisdom is found at upper center. The back of the note features a green border design, with characters at center.

The incredible history of the note can be traced back to when the Qing Dynasty changed the structure of both Imperial Banks and made Kwangsi the first province to establish their own bank. The printing of the note took place in Japan. The notes were only in circulation for 2 years, and after being summoned back at that time, so few have survived.

This one caught my eye for the images of coins. Banknotes picturing coins are a popular genre of collecting. In the U.S. there are quite a number of pre-Civil War scrip notes picturing the Spanish coins common in cirulation at the time. From the Stack's Bowers May 2022 Hong Kong Auction - Session A - Chinese, Hong Kong & Foreign Paper Money. A pricey piece estimated at $100,000 - $150,000. -Editor

To read the complete lot description, see:
(t) CHINA--PROVINCIAL BANKS. Kwangsi Bank. 5 Yuan, 1909. P-S2346. PMG Choice Fine 15 Net. Repaired, Severed & Reattached. (https://auctions.stacksbowers.com/lots/view/3-VUF33/t-china-provincial-banks-kwangsi-bank-5-yuan-1909-p-s2346-pmg-choice-fine-15-net-repaired-severed-reattached)

Early American E-Sylum ad 2022-04-17
 



Wayne Homren, Editor

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