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Exceptional Gem 1797 Cartwheel Penny

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Exceptional Gem 1797 Cartwheel Penny

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Details

Great Britain. 1797 "Cartwheel" penny. MS-65 BN (NGC). An especially beautiful gem of this famous issue, boldly struck and showing extraordinary lustre over warm medium brown surfaces toned pale blue, faded violet, and traces of mellowed mint color. A step above most high-grade specimens, showing none of the usual roughness at the rims (caused by soft strikes at the peripheries), no spotting, and no significant keg marks. The color and eye appeal are superb. As the first large-scale coinage produced by steam power, the cartwheel pence and twopence of 1797 hold an important position in the history of technology -- not just numismatic technology, but technology writ large. Specimens of this type did occasionally find their way to America, and well worn ones sometimes turn up either in American soil or showing American countermarks. It's interesting to wonder: would these large copper coins have been worth the same as a large cent, or twice as much? Today, high grade ones both look prettier than high grade large cents and cost much less. NGC has graded 7 specimens at the MS-65 BN level, 4 MS-65 RB coins, and a single MS-66 RB, some of the finest survivors out of a mintage of more than 43 million coins.

Additional Information

Grading Service NGC
Grade MS65
Designation BN
Mint Location No
Strike Type Business
Circulated/Uncirc Uncirculated
Grade Add On No
SKU or Cert # 3747819002

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Description

Details

Great Britain. 1797 "Cartwheel" penny. MS-65 BN (NGC). An especially beautiful gem of this famous issue, boldly struck and showing extraordinary lustre over warm medium brown surfaces toned pale blue, faded violet, and traces of mellowed mint color. A step above most high-grade specimens, showing none of the usual roughness at the rims (caused by soft strikes at the peripheries), no spotting, and no significant keg marks. The color and eye appeal are superb. As the first large-scale coinage produced by steam power, the cartwheel pence and twopence of 1797 hold an important position in the history of technology -- not just numismatic technology, but technology writ large. Specimens of this type did occasionally find their way to America, and well worn ones sometimes turn up either in American soil or showing American countermarks. It's interesting to wonder: would these large copper coins have been worth the same as a large cent, or twice as much? Today, high grade ones both look prettier than high grade large cents and cost much less. NGC has graded 7 specimens at the MS-65 BN level, 4 MS-65 RB coins, and a single MS-66 RB, some of the finest survivors out of a mintage of more than 43 million coins.

Additional

Additional Information

Grading Service NGC
Grade MS65
Designation BN
Mint Location No
Strike Type Business
Circulated/Uncirc Uncirculated
Grade Add On No
SKU or Cert # 3747819002

Related Blog Article(s)

Listed below are blog articles related to this product listing, if applicable:

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John Kraljevich Americana