1/2 Penny - Copper

Issuer New Jersey
Year 1786-1788
Type Emergency coin
Value 1/2 Penny (1⁄480)
Currency Pound
Composition Copper
Weight 9.6 g
Diameter 28 mm
Thickness
Shape Round
Technique Milled
Orientation Coin alignment ↑↓
Engraver(s)
In circulation to 1793
Reference(s) KM#8
Obverse description Protome of horse, facing right, plow below
Obverse script Latin
Obverse lettering NOVA CÆSAREA 1786
(Translation: New Jersey)
Reverse description Union shield
Reverse script Latin
Reverse lettering * E * PLURIBUS * UNUM *
(Translation: Out of many, one)
Edge Reeded
Mint
Mintage 1786 - `PLUKIBUS` error variety -
1786 - date below draw bar, ultra rare, KM#8 -
1786 - large horse head, date below plough, no coulter on plough, KM#9 -
1786 - large shield -
1786 - large shield; bridle varietiey, die break (other reverse varieties exist), KM#11.2 -
1786 - narrow shield, straight beam, KM#10 -
1786 - wide shield, curved beam (varieties exist), KM#11.1 -
1787 - `PLURBIS` error variety -
1787 - `PLURIBS` error variety, KM#15 -
1787 - `PLURIRUS` error variety -
1787 - `serpent head` variety -
1787 - `WM` below plough -
1787 - large flan, without stripes on shield, `PLURIBUS` -
1787 - large flan, without stripes on shield, 2nd `U` overpunch on `S` of `PLURIBUS` -
1787 - large planchet, plain shield (varieties exist) -
1787 - narrow shield, rod over plough -
1787 - overdate `1787` on `1887` -
1787 - serpent`s head -
1787 - small planchet, plain shield (varieties exist) -
1787 - small planchet, shield heavily outlined (varieties exist) -
1787 - wide shield, rod over plough -
1788 - horse head facing left, KM#16 -
1788 - horse head to the right, running fox before legend, indistinctive coulter -
1788 - Horse`s head right (varieties exist) -
1788 - running fox before legend, horse head facing right, KM#17 -
Numisquare ID 1011708500
Additional information

Historical Context: The New Jersey 1/2 Penny copper, struck between 1786 and 1788, is a significant artifact from the Articles of Confederation era. Lacking a centralized federal mint, individual states, including New Jersey, authorized their own copper coinage. These issues addressed a critical need for small change in local commerce, reflecting the economic autonomy and challenges faced by the newly independent states before the establishment of a unified national monetary system.

Artistry: Specific engravers for New Jersey coppers are largely unrecorded, yet their designs reflect a practical, symbolic aesthetic. The obverse features a horse's head and a plow, symbolizing agriculture and prosperity, encircled by "NOVA CAESAREA." The reverse displays a shield, often with a horse's head crest, accompanied by "E PLURIBUS UNUM" and the date. This blend of classical motifs and state-specific iconography defines its stylistic school.

Technical/Grading: Weighing 9.6 grams and 28 millimeters, these coppers exhibit considerable strike variability. Key high-points for grading include the horse's mane and eye on the obverse, and the shield details and crest on the reverse. Early American coppers often show weak strikes, especially on opposing design elements, and planchet imperfections are common. A strong strike, yielding sharp definition in these areas and full legends, indicates a premium example.

×