Diversity in Numismatics
Cayman Islands


Obverse
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Reverse
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Coin Details

  

Set Details
Coin Description:
Grade: NGC AU 53 BN
Owner: RAM-VT
 
Set Category: Other (Diverse collecting in the style of Garrett while on a very limited budget)
Set Name: Diversity in Numismatics
Slot Name: Cayman Islands
Research: See NGC's Census Report for this Coin

Owner's Description

Colonial Coinage Massachusetts 1788 With Period – R-L10 a common variety Census - 115 NGC graded coins - 10 with this grade - 21 graded higher AU-53 Brown When Massachusetts decided to issue coinage it did not follow the approach taken in Connecticut, New Jersey and Vermont where these states entered into private contracts with independent mints. The state of Massachusetts opened a state run mint that was authorized to mint gold, silver and copper coinage although only copper coins were produced. The state produced cents and half cents and were so marked. The cent was produced at weights between 146 – 165 grs. vs. the Tower Mint standard of 152.17 grs. for a halfpence. The half cent was produced t weights between 75 – 83 grs. vs. the Tower Mint standard of 76 grs. for a farthing. The mint stopped production in 1789 because it was losing money and because the U.S. constitution was ratified which prevented the states from issuing money. Both cent and half cent had the same design. Obv. – Shows a standing Indian holding a bow and arrow, with one star above and a legend with simply commonwealth split by the Indian’s head Rev – Shows an spread eagle with a sprig in its right talon and arrows in the left talon, date below and MASSACHUSETTS around the eagle My cost was $1,725

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