A Piece of Revolutionary History: Unveiling the Mystery of 1776 New Hampshire Coppers
Imagine holding a piece of American history—a genuine 1776 New Hampshire copper coin, perhaps even one bearing the enigmatic "WM" markings. These coins, often attributed to William Moulton, are exceptionally rare, sparking intense interest among collectors. However, their mystique also attracts forgeries, making authentication crucial. This guide provides actionable steps to identify genuine coins, understand their value, and protect your investment. Did you know that some auction records for these coins exceed $13,000? But how do you ensure you're not paying a premium for a reproduction? For more in-depth information, check out this WM coin resource.
Deciphering the Clues: Key Features of Authentic WM Coins
Identifying a genuine WM coin demands meticulous examination. Let's explore the critical features:
The "WM" Markings: The "WM" initials, supposedly representing William Moulton, are pivotal for identification. Note the style—deeply engraved suggests skilled craftsmanship, while crude stamping hints at a forgery. Subtle differences in letter style are significant.
The Date: The presence of "1776" is paramount. Does the date's style and placement align with the coin's overall craftsmanship? Inconsistencies are red flags.
Material Analysis: Copper Composition: These coins are copper. Examine the color and patina (aged surface). An unnatural sheen may indicate a counterfeit.
Size and Weight: Carefully measure the coin's diameter, thickness, and weight. Compare these measurements to established standards for similar historical coins. Deviations raise concerns.
Condition Assessment: Signs of Age: Examine wear and tear. Does the coin exhibit natural aging and circulation marks? A suspiciously pristine coin could be fake. Authentic coins show the passage of time.
Table: Observed Variations in WM Coin Designs
| Feature | Variation 1 | Variation 2 | Variation 3 |
|---|---|---|---|
| Obverse | Pine tree | "1776" flanked by a simple tree | Plain "1776" |
| Reverse | "WM" and "AMERICAN LIBERTY" | "WM" above "AMERICAN LIBERTY" (different spacing) | "WM" and abbreviated "AMER LIB" |
| "WM" Style | Deeply engraved, refined style | Lightly engraved, less refined | Roughly stamped |
| Overall Look | Intricate details | Simpler design | Very basic design |
Professional Authentication: The Expert's Touch
Given the complexities, professional authentication is essential. Services like PCGS (Professional Coin Grading Service) and NGC (Numismatic Guaranty Corporation) utilize rigorous standards. Their expertise provides invaluable peace of mind and precise valuation. While there's a cost involved, it's far less than the potential loss from acquiring a counterfeit.
Determining Value: Factors Influencing Worth
A genuine WM coin's value isn't static. Condition—a pristine "mint state" (MS) significantly increases value—is paramount. Rarity of design variations also plays a role, with unique patterns commanding higher prices. Market trends, influenced by collector demand and economic conditions, must be considered. Provenance (ownership history) also matters; a documented history significantly enhances value and authenticity.
Safeguarding Your Treasure: Proper Coin Care
Proper storage is critical. Use archival-quality materials like acid-free coin holders or sleeves. Avoid direct handling; oils from your fingers can cause damage. Store the coin in a cool, dry environment, away from extreme temperatures and humidity. Protecting your investment is as crucial as acquiring it.
Conclusion: Further Research and Resources
The world of WM coins offers a thrilling blend of history and numismatic intrigue. While much remains uncertain, continuous research may unveil more secrets. Remember that credible authentication is paramount. Utilize reputable resources such as PCGS and NGC, and consult experts when needed. The journey of discovering and understanding these historical artifacts is rewarding for the careful and informed collector.
Resources:
- Professional Coin Grading Service (PCGS)
- Numismatic Guaranty Corporation (NGC)
- University of Notre Dame's Coin Collection WM Page