500 Units - Nova Constellatio “Type II” (Pattern) 1783 front 500 Units - Nova Constellatio “Type II” (Pattern) 1783 back
500 Units - Nova Constellatio “Type II” (Pattern) 1783 photo
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500 Units - Nova Constellatio “Type II” Pattern

1783 year
Silver 7.11 g 24 mm
Description
Issuer
United States (pre-federal and private/territorial)
Period
Confederation Period (1781-1789)
Type
Pattern
Year
1783
Currency
Dollar
Composition
Silver
Weight
7.11 g
Diameter
24 mm
Shape
Round
Technique
Milled
Demonetized
Yes
Updated
2024-10-09
References
Numista
N#124951
Rarity index
97%

Reverse

The All-Seeing Eye in a glory of rays at the center with 13 stars

Lettering: NOVA CONSTELLATIO

Edge

Twin olive leaf design

Comment

It is impossible to overstate the importance of this Coin. Walter Breen, an acknowledged expert on early proof coinage, believed this coin was struck in proof format, one of the earliest U.S. proofs on record and an attractive specimen of the coiner's art in any context. The Nova Constellatio patterns were struck by personnel hired by the U.S. government, acting on instructions from Congressional representatives. The coins represent the prototypes for the first system of American coinage ever conceived. They have serious claims to being the first U.S. pattern coins although they were struck under the authority of the Articles of Confederation, before the Constitution was written. This Type Two quint is unique, the ultimate in absolute rarity. It has been off the market for 34 years. Its combination of historic importance, high quality, and absolute rarity can be matched by few issues in any category of American numismatics. The discerning collector will heed the advice of John Ford and acquire this coin at any cost.
Ex: Benjamin Dudley and Robert Morris in 1783; unidentified New York City collector as a family heirloom until 1870; coin dealer William P. Brown; Sylvester Sage Crosby; Lorin G. Parmelee; Lorin G. Parmelee Collection (New York Coin & Stamp, 6/1890), lot 582; Harlan Page Smith; S.H. & H. Chapman; George Earle, Jr.; Henry Chapman; Col. James W. Ellsworth; Knoedler Galleries; Wayte Raymond; John Work Garrett; Johns Hopkins University; Garrett Collection, Part I (Bowers and Ruddy, 11/1979), lot 621; Walter Perschke. (NGC ID# 2AZA, PCGS# 821)

Interesting fact

One interesting fact about the Nova Constellatio "Type II" Pattern 500 Units coin is that it was designed by Benjamin Franklin, who was a prominent figure in American history and a leading scientist of his time. Franklin's design features a depiction of the constellation Ursa Major on one side and a stylized image of a sun on the other, symbolizing the new American nation and its aspirations for a brighter future.

Price

Date Mintage VG F VF XF AU UNC
1783  1 - - - - - -

Values in the table are based on evaluations by sales realized on Internet platforms. They serve as an indication only for 500 Units - Nova Constellatio “Type II” (Pattern) 1783 coin.