Owner Comments:
This is an example of a 1797 currency strike penny struck at the Soho Mint. This is by no means a rare coin and of the two currency types, the ten leaves obverse and the 11 leaves obverse, this is by far the most common. For those of you interested in getting your collection started, the 1797 10 leaves penny is a real bargain for the series. These coins are relatively large and often can be found with beautiful, even brown color. If looking at these coins raw, be sure to find an example that is free of rim bumps.
Given that these coins are large and heavy, the rim was often damaged during average circulation. The broad raised rim slightly protects the fields, but it can be challenging to find nice examples with clean fields and undamaged rims. To any extent, these can be picked up for a reasonable price in low mint state grades (i.e., Ms-61, 62, or 63). Certified examples often come up for auction and can be real bargains at times, so be patient and seek an example you find the most appealing. Listed as
common.
Obverse: This example is a type 4 obverse which with a small bust of George III facing right. George has a wreath of 10 leaves and two berries, which is tied behind the neck by a riband with one loop and two loose ends. The upper loose end points downward. The hair falls in curls behind the neck and on the left shoulder. A brooch of 8 jewels holds the drapery in place on his right shoulder. Kuchler’s initial appears on the lowest fold of the drapery, followed by three dots in various positions. The legend GEORGIUS III · D: G · REX. is contained within a sizeable, broad rim. The obverse of this coin shows several contact marks, but the rims and fields are relatively clean for a circulated example of this heavy copper coin.
Reverse: This is a reverse type C, which is described by Peck as Britannia seated on a rock with large letters. Britannia is sitting on a rock amongst waves facing left wearing drapery that clings close to her body. Her right arm is extended, and her hand holds an olive-branch with ten leaves and no berries. Her left arm is down with a trident clasped in her hand. An oval shield with the crosses of St. George and St. Andrew (heraldically colored) is to her left side. A 3 masted warship appears in the sea in front of her about halfway down her leg. The legend BRITANNIA. occurs within a large, broad rim. The date 1797 appears at the bottom of the coin. This particular example has a prevalent die crack that starts just after the last “A” in Britannia and extends about halfway down through the field toward the shield behind her. Another die crack begins at her left hand and continues through her leg to the foremast of the ship. This last die crack is rather severe and looking at the coin from an angle, you can see a noticeable ridge is formed, such that the metal above the break toward Britannia is raised higher than the metal below the crack that occurs toward the date.
UNUSUALLY LARGE REVERSE DIE BREAK |
Edge: Plain
Notes: As I said before, this is a reasonably common coin, but the vibrant cholate brown fields combined with the otherwise crisp details of the devices give this coin exceptional eye appeal. The fields are relatively clean, and the rims are free of any distracting dings. This coin is notable because of the eye appeal, but the die crack on the reverse makes this coin somewhat unique. Boulton was nothing shy of obsessed with the quality of the coins he produced. This was likely even heightened because of the pride he took in striking coins for his native England. To find a coin with such a glaring mint error is notable. I am not much of a mint error collector, but this one seems to fit perfectly in this collection. There are currently 18 in AU-58 and 121 in higher grades.