RANCHO SANTA FE, Calif. – Early American History Auctions will conduct a Colonial Currency, Coinage & Historic Medals sale on Saturday, May 14. Absentee and Internet live bidding will be available through LiveAuctioneers.
The auction features 336 lots of American rarities, including many historic Colonial coins and Colonial and Continental Congress-issued currency notes. Several lots contain the actual illustration plate notes shown in the reference book considered the Bible in this field, Eric Newman’s The Early Paper Money of America.
Highlights include a brass 1789 George Washington inaugural button, featuring the legend “Long Live The President” ringing the cursive initials “G W,” which appear in the center. It is a Chain of States Type, Albert WI-4A, unlisted sub-variety, with shank, in Choice Mint state. It carries an estimate of $8,000-$12,000.
Lot 87 is devoted to a pair of Gem crisp uncirculated indented bills of the colony of New York, dated May 31, 1709. The New York 5 shillings and 10 shillings tall notes are offered in an original 1956 dealer “Wayte Raymond” custom leather presentation folio, and each note is signed by three Colonial mayors of New York City. The pair is estimated at $18,000-$24,000.
Equally compelling is a 1785 Immune Columbia pattern Nova Constellatio copper, with the pointed rays extra star in legend design. It is one of only 12 believed to have survived, and it has a PCGS grade of XF-45. This particular specimen has been off the market for decades, and it is estimated at $50,000-$60,000.
Rounding out the highlights is an example of the first peace medal issued in America – a 1757 silver medal known as the Treaty of Easton Indian Peace Medal or Duffield Indian Peace Medal of George II. It was struck in Philadelphia by Joseph Richardson, Sr., and issued during the French and Indian War. It is the sole known example to have retained its original silver top loop intact, and is described as being in Extremely Fine condition. It was awarded to an unnamed Native American chief at the signing of the Treaty of Easton in 1758. It is estimated at $60,000-$80,000.
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