LIBERIA, Republic. 1847-pres. Proof Patern CU Two Cents (30mm, 10.36 g, 6h). Dies by L.C. Lauer(?). Dated 1890. Proof.

Electronic Auction 575
Lot: 779. Estimated: $ 100

World, Copper

Sold For $ 250. This amount does not include the buyer’s fee.

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LIBERIA, Republic. 1847-pres. Proof Patern CU Two Cents (30mm, 10.36 g, 6h). Dies by L.C. Lauer(?). Dated 1890. REPUBLIC OF LIBERIA, head of Liberty left, wearing cap decorated with incuse star; small E below / * IN GOD WE TRUST * TWO CENTS 1890, coat-of-arms within wreath of grain ears. Kraus 33; KM (X) Pn2. Red-brown surfaces with light iridescent toning, scratches and marks. Proof.

From the Alexander Christopher Collection, purchased from S. Smith, 1963.

This interesting piece is part of a now mostly forgotten series of fantasy patterns produced by Lauer and others in the late 19th century. While some contemporaries, such as the English dealer Daniel F. Howarth welcomed these pieces, others felt they were deceitful. American numismatist Lyman Low was particularly outraged, calling the patterns fraudulent. He wrote in The Numismatist, “It is noticeable that they purport to belong principally to obscure and unimportant countries where detection would be comparatively difficult. Any attempt to issue such pieces elsewhere would contravene the coinage laws and involve penalties... The entire list given by Mr. Howorth may, in my opinion, be pronounced a sham, and I heartily agree with him in classifying them as ‘apocryphal,’ and echo his words of warning against them. The few we have published will be withdrawn from our lists and catalogs.”

Despite the outrage at the time, collectors today – including this cataloger – heartily welcome these pieces into their collections. In many cases, these so-called ‘apocryphal’ coins are the only examples from these countries available. The Liberian group is particularly interesting, as it draws heavily on the imagery used by the engravers at the Philadelphia mint in the late 19th century.

For further information, see Courtney L. Coffing, “Apocryphal coins shed bad names,” in Coin World, 12 January 1977, p. 64-67.

Closing Date and Time: 20 November 2024 at 14:19:20 ET.

All winning bids are subject to a 20% buyer’s fee.