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***Auction Highlight*** 1788 New Jersey Head Left Maris 49.F Colonial Cent 1c Graded ag3 By SEGS (fc

Currency:USD Category:Coins & Paper Money Start Price:25.00 USD Estimated At:250.00 - 500.00 USD
***Auction Highlight*** 1788 New Jersey Head Left Maris 49.F Colonial Cent 1c Graded ag3 By SEGS (fc
***Auction Highlight*** 1788 New Jersey Head Left Maris 49.F Colonial Cent 1c Graded ag3 By SEGS. Up for Auction is the ultra rare 1788 New Jersey Left Facing Horse Cent. There are 3 die varieties for the rare left facing horse, and this is the Maris 49-f, ultra scarce. I am now going to quote, verbatim, from the description of the maris 49-f from the University of Notre Dame, colonial currency project website. If you want to read more about this after my paragraph, you can go to their website.“ This is one of three horse facing left varieties. Traditionally these were attributed to Goadsby working independently at Rahway after obtaining a legal writ against Cox on November 6, 1787. It was assumed he continued minting coins until the middle of 1788. However, Hodder has recently shown that Goadsby transported the Rahway press with some copper ingots and blank planchets and probably some dies to Walter Mould's Morristown mint (by December 1787). The press remained there until the start of February 1788 when it was send back to Rahway presumably with the dies (Cox was out of jail by this time). In March the unused copper was returned. A few months thereafter (in June), due to continued legal troubles between Goadsby and Cox, the man who had secured their bond, Matthias Ogden, obtained all the Rahway equipment which he took to his home on Water Street in Elizabethtown, where he started minting coppers until 1790. Based on this newly discovered scenario about the only person who could not have minted these coins is the person they have been traditionally assigned to, since he did not have a coin press while Cox was in jail! Currently the mystery of the left facing coppers had not been solved.The obverse is the distinctive horse facing left. Note the plow is more complex than usual with two cross bars connecting the handles. Maris notes that the coulter is fashioned from a sword (the hilt is visible above the beam). Obverse 49 has a larger horse head than the other two varieties (obverses 50 and 51). Obverse 51 is distinctive in that it is on a smaller planchet and has the smallest sized head. Obverse 49 can be distinguished from 50 in that on obverse 49 there is much space between the end of the plow beam and the start of the legend (however the legend ends closer to the plow handles) while on obverse 50 the legend starts and ends very close to the plow. Obverse 49 is only combined with reverse f.Reverse f is found in combinations with obverses 49 and 50 as well as the horse facing right obverse 37. The shield on reverse f has left and right (dexter and sinister) points that are higher than the central point. The only similar reverse in this group is reverse g. They can be distinguished in that on reverse g the left (dexter) point is at the end stroke of the R while the right (sinister) point is directed towards the bottom curve of the S in the legend. On reverse f the points are at the first vertical stroke of the R and the star. Also, as Maris states, the stars are smaller on reverse f.”