1723 Rosa Americana Pattern Halfpenny. Martin 4.1-H.1, W-1248. Silver. Rarity-8+. Crowned Rose. EF Details--Graffiti (PCGS).

70.5 grains. A famous and exciting rarity, the only known example of the die variety, one of only two known Rosa Americana halfpennies in silver, and the one and only obvious pattern issue among the 1722-1724 halfpennies. This is a memorable coin that is unique in many ways. The dies are wholly unlike those of any of the other regular issue halfpennies. The bust of George I is more aged and hunchbacked in appearance, and the hair detail is noticeably coarse. The style of the bust is reminiscent of the 1723 3.13-G.1 twopence pattern, as well as the 1724/3 3.2-G.1 penny pattern, both offered later in this sale. The punctuation is also unique, with the placement of a colon between GRATIA and REX, as well as after the date. Moderately worn surfaces are a pleasing light bluish-gray with golden-tan highlights in the protected areas. As seen on several Rosa Americana patterns and off-metal strikings, there is engraving on the surface, here just a crude "I" in the left reverse field. Some light scratches otherwise, but in general a very pleasing coin. This remarkable coin traces its history of ownership back to Dr. Philip Nelson (1872-1953), who authored the first specialized work on William Wood's coinage in 1903. If not ensconced overseas, this coin certainly would have been a prize for Crosby, Parmelee, or the many other 19th century American collectors who held the Rosa Americana series in such high esteem. This is just its second auction appearance ever and a great opportunity for today's numismatists. An important piece that will be a highlight in its next cabinet.

PCGS# 905757.

From the Sydney F. Martin Collection. Earlier ex Philip Nelson Collection, December 11, 1913; Hillyer Ryder; F.C.C. Boyd; our (Stack's) sale of the John J. Ford, Jr. Collection, Part IX, May 2005, lot 173. Plated in the Martin reference "The Rosa Americana Coinage of William Wood," pp. 69, 70, 100, 118.