Insights

18th century mule highlights Newman V sale in November in New York City

Odd pairing just one of many coins in fall auction
By , Coin World
Published : 08/11/14
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Part V of the Eric P. Newman Collection is highlighted by a muled copper piece struck from a 1786 Immunis Columbia obverse die and a 1785 Confederatio Large Stars reverse die. The coin, to be offered Nov. 14 and 15 in New York City by Heritage Auctions, is one of two or three examples known.

In coinage, a mule is a piece struck from dies not intended to be paired together.

The Immunis Columbia pieces were among the earliest attempts at a national coinage. 

The piece was struck with the 1786 Immunis Columbia obverse die, which features, facing right on the obverse, a Seated Liberty or Columbia figure, with pole and cap and scales of justice. The 1786 pieces were typically mated with a reverse die showing either an eagle or a shield.

However, the reverse of the offered coin was struck with the 1785 Confederatio, Large Stars Reverse die. Normally, a 1785 Confederatio piece is mated with an obverse showing a standing female figure.

The mule in the auction is attributed as the Whitman 5665 variety in the Whitman Encyclopedia of Colonial and Early American Coins by Q. David Bowers, and the piece is graded Mint State 64 Brown by Numismatic Guaranty Corp.

“We are honored to bring this latest selection of coins to auction to the enjoyment of collectors everywhere and to the benefit of the Eric P. Newman Numismatic Education Society,” said Jim Halperin, co-chairman of Heritage Auctions. “Part V will feature superb Colonial copper and important 19th century rarities in the finest condition ever recorded and we think collectors will be dazzled to see what true treasures this latest offering holds.”

The two-day Newman V auction will be held at the Fletcher-Sinclair Mansion, 2 E. 79th St., at Fifth Avenue, following lot viewing at Heritage’s Park Avenue offices, 445 Park Ave. at 57th Street.

The auction will offer approximately 970 lots, according to Heritage.

Items being sold are from the extensive collection of Eric P. Newman Numismatic Education Society (a Missouri not-for-profit corporation) and have been assembled over a period of 90 years.

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