1351

City Bank on Ribbon Restrike, Br 526

Currency:CAD Category:Coins & Paper Money / World Coins - Canada Start Price:450.00 CAD Estimated At:900.00 - 1,000.00 CAD
City Bank on Ribbon Restrike, Br 526
SOLD
1,800.00CADto floor+ buyer's premium
This item SOLD at 2014 May 30 @ 21:12UTC-4 : AST/EDT
The Cataloguers have taken every reasonable measure to ensure that all the lots are as described by Geoffrey Bell Auctions. Many of the lots are third party graded by PCGS, PMG, ICCS - We feel these are the most recognized grading companies in the industry.
City Bank on Ribbon Restrike, Br 526 - Frontview Penny dated 1837 with City Bank on the ribbon, Courteau 88, PC-2A2, straight reverse. It is almost certainly the case that Courteau 88 was re-struck by the London die sinker and engraver W.J. Taylor some time after he acquired the original Soho Mint dies at auction in 1850. Examples exist in metals other than copper. The Taylor restrikes are usually reported as coming with an upset reverse, although that is not the case with the present specimen, which thus challenges the notion that die orientation is a telltale diagnostic. However, the restrikes are invariably thicker and heavier than originals and this one weighs 20.73 grams. They are also rarer and tend to be in uncirculated condition. The present specimen is a curious example, inasmuch as it has flat, wide rims, which means the border beads are indistinct, while portions of the fields exhibit rough circular patterns, as though from clumsily polished dies. Other evidence would seem to suggest that the dies were put to work at a very late stage in their life after they had suffered considerable damage. For example, many letters in the legends, and some words, such as CANADA, are very weak and/or distorted. The present example has remaining lustre, but does not qualify as uncirculated because it has some very faint scratches on the reverse especially, as well as a neatly drilled, attempted puncture dead centre in St. Andrew’s Cross. A very interesting token. Taken together, this and the preceding lot merit further study.
This lot is part of the extensive George H. Thomson Collection.