A pecking order exists amongst top echelon Colonial Dumps. This particular example, with a quality level of Extremely Fine, ranks as Number 2 of the known surviving D/2 examples.
But it has to be said that, having sold Number 1 and Number 2, and thus being totally familiar with both, the eye appeal of this coin is in some respects superior to that of Number 1.
It literally sparkles: the surfaces are highly reflective.
The coin is in a remarkable state of preservation. Even the cross on the orb on the crown is visible: a simply remarkable occurrence that I have only ever seen in this Dump – and one other.
Furthermore it has an impeccable pedigree. High profile collectors are noted for holding only the very best. John J Ford was a major force in numismatics in the USA for 68 years both as a professional numismatist and a consummate collector. That this coin was part of the J J Ford Collection speaks volumes of its calibre.
This coin is an elite piece on so many levels. It has design detail and shows a finesse in the striking that is not normally seen in the D/2 type.
Historians argue that the D/2 design types were most likely the first coins produced, since the majority of specimens reflect one major design characteristic. The legend and the date tend to be partially struck because the dies were too big for the blank. And the denticles (introduced as a security measure) are almost always absent.
On this coin however the legend and the date are well contained in the coin and the denticles are crisp and clear.
There also is strong evidence of the original Spanish Dollar from which this Dump was created.
Every Dump is unique and every Dump has its own story to tell. Those Colonial Dumps that depict their origins as having been struck from the centre of the Spanish Silver Dollar are highly prized. We refer to the original design details as the ‘undertype’. The undertype on this coin is magnificent.
This 1813 Colonial Dump is an investment of massive proportions. As time passes the historical impact and significance of the coin can only increase.