Fabulous Fall Coin Consignments Auction 3 of 7 Day - 3
By Key Date Coins
Oct 20, 2021
148 Route 73 Suite 3-184 Voorhees, NJ 08043 USA, United States
600+ Lots of premium Numismatics from around the Country including; Morgans, Peace $'s, Rare Type coinage, Rare Gold, Lg cents, ½ cents, Indians, Bust coinage, Barber coinage, Buffalo's, Currency, VAM's, Varieties, Errors, NGC/PCGS/SEGS Slabs, Original rolls of Morgans plus much, much more.....
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LOT 762:

***Auction Highlight*** 1794 LDS Franklin Press Token Graded ms63 rb By SEGS. The 1794 Franklin Press Token ...

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Sold for: $1,150
Start price:
$ 4
Estimated price :
$1,250 - $2,500
Buyer's Premium: 20%
Auction took place on Oct 20, 2021 at Key Date Coins
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***Auction Highlight*** 1794 LDS Franklin Press Token Graded ms63 rb By SEGS. The 1794 Franklin Press Token belongs to a series of British-made pieces known as "Conder" Tokens (Halfpenny- and Penny-sized tokens made for sale to collectors and sometimes used as advertising tokens by certain merchants). Although the Franklin Press Tokens probably never circulated in America, collectors have included them as a U.S. "Colonial" coin because of the reference to the American patriot and statesman, Benjamin Franklin.The printing press illustrated on the front of this token is believed to be the same press used by Franklin while he worked in London, England as a journeyman printer for the firm of Mr. Watts of Wild street, Lincoln's Sun-Fields. The press appears to be a Blew press (the first patent press made beginning in 1620). The "Franklin Press" (as it is now known) is on display as part of a re-created post office and print shop of the early 19th century in the Printing and Graphic Arts section of the National Museum of American History at the Smithsonian Institution. The front of the coin displays the Latin legend "SIC ORITUR DOCTRINA SURGETQUE LIBERTAS" (Thus learning begins and liberty arises). The 1794 Franklin Press Tokens appear to have been struck from only a single pair of dies. Early die states feature near-perfect dies, with just a small defect appearing in the area of ERT of LIBERTAS. Intermediate die states show a fairly large break in the center of the obverse and a squiggly break coming off of the side of the press beneath the long handle. Late die states (as is Our Example) show another break in the lower left area of the press. The die defect at ERT becomes prominent.

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