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1798 Large Cent Countermarked by Former Partner of the Vermont Coiners

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1798 Large Cent Countermarked by Former Partner of the Vermont Coiners

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Details

BAYLEY mark for New York silversmith Simeon Bayley on 1798 S-148 cent. Brunk B-418, Rulau-E NY 58. Fine or better, host Very Good. A highly elusive and very early New York City counterstamp, known exclusively on 18th century U.S. coins thus far. This was the standard hallmark of Simeon (or Simon) Bayley ca. 1789-98, found on most of the fine silver products that came from his lower Manhattan workshop. Notably for numismatists, just before Bayley went out on his own, he was partners with Daniel Van Voorhis and William Coley, the New York silversmiths who helped produce the Vermont copper series and signed the famed Vermont - Machin's Mills contract of 1787, now in the collection of the American Numismatic Society. Another partner in the firm was Albion Cox, who left to begin minting New Jersey coppers in 1786. Thus, Bayley was so central to three of the great late 18th century Confederation-era coinages (Vermont coppers, New Jersey coppers, and the products of Machin's Mills) without apparently being a figure in any of them. According to Lou Jordan's excellent Colonial Coins site at the University of Notre Dame, Bayley and Cox ended up in a lawsuit just after the dissolution of the partnership in 1785. Van Voorhis went on to also work as a regulator of gold coins.

The coin itself is attractive dark chocolate brown, a little granular but pleasing. The mark is boldly and deeply incised. A tiny rim bruise is noted under the right side of the reverse fraction. Just a few coins are known with the BAYLEY mark, including a 1795 large cent and a 1795 half dollar. This piece was long in the Steve Tanenbaum collection.  

 

Additional Information

Grading Service RAW
Grade RAW
Designation N/A
Mint Location Philadelphia
Strike Type Business
Circulated/Uncirc Uncirculated
Grade Add On N/A
SKU or Cert # 12003

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

Description

Details

BAYLEY mark for New York silversmith Simeon Bayley on 1798 S-148 cent. Brunk B-418, Rulau-E NY 58. Fine or better, host Very Good. A highly elusive and very early New York City counterstamp, known exclusively on 18th century U.S. coins thus far. This was the standard hallmark of Simeon (or Simon) Bayley ca. 1789-98, found on most of the fine silver products that came from his lower Manhattan workshop. Notably for numismatists, just before Bayley went out on his own, he was partners with Daniel Van Voorhis and William Coley, the New York silversmiths who helped produce the Vermont copper series and signed the famed Vermont - Machin's Mills contract of 1787, now in the collection of the American Numismatic Society. Another partner in the firm was Albion Cox, who left to begin minting New Jersey coppers in 1786. Thus, Bayley was so central to three of the great late 18th century Confederation-era coinages (Vermont coppers, New Jersey coppers, and the products of Machin's Mills) without apparently being a figure in any of them. According to Lou Jordan's excellent Colonial Coins site at the University of Notre Dame, Bayley and Cox ended up in a lawsuit just after the dissolution of the partnership in 1785. Van Voorhis went on to also work as a regulator of gold coins.

The coin itself is attractive dark chocolate brown, a little granular but pleasing. The mark is boldly and deeply incised. A tiny rim bruise is noted under the right side of the reverse fraction. Just a few coins are known with the BAYLEY mark, including a 1795 large cent and a 1795 half dollar. This piece was long in the Steve Tanenbaum collection.  

 

Additional

Additional Information

Grading Service RAW
Grade RAW
Designation N/A
Mint Location Philadelphia
Strike Type Business
Circulated/Uncirc Uncirculated
Grade Add On N/A
SKU or Cert # 12003

Related Blog Article(s)

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

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John Kraljevich Americana