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| Name: |
(ca. 1784) plugged 3,200 reis on Portugal 1734 host. Fr-88 (Portugal), Pridmore-5 (not attributed). |
| Description: |
7.02 grams, 25.20 mm. Central gold plug on Portugal host, but without countermarks. Medium
gold with coppery toning at peripheries, some faint hairline scratches. Plugged at center
with a gold insert, now roughly 3.5 x 4.7 mm. A remarkable piece, privately brought up to
precisely the New York 1784 standard for a half joe (i.e. 3200 reis) -- exactly the 108
grains demanded by the New York Chamber of Commerce and the Bank of New York for a full
weight piece! This piece was never clipped and retains full edge devices. Weight standards
for Portuguese gold varied across the New World, but most Caribbean regulations dictated
only that the coin surpass a certain weight (like 180 or 204 grains), not be brought up to
full weight like this one. While unsigned and keeping some of its secrets, this plug was
most probably intended for American circulation. ($1,500-2,500)A reproduction of the table
published by the Bank of New York in 1784 appeared in The Colonial Newsletter, September
1981, p. 755. We reproduce the same chart on these pages; Swoger reports that these
values, published by the Bank of New York, first appeared in print on June 7, 1784 in The
New York Packet.From Stack's sale of the Col. James W. Flanagan Collection, March 1944,
Lot 348.
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| Price: |
$8,625.00 (2005-04-15) |
| Original page: |
http://www.stacks.com/lotdetail.aspx?lri
d=AN00019952
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