Offers $5,000 Reward for Standish Barry
By Kagin's, Inc
A $5,000 finder’s
fee reward is being offered by Kagin’s, Inc. of
Tiburon, California for confirmation of the
second known gold coin counter-stamped with the
genuine hallmark of Baltimore silversmith,
The only coin now known with the hallmark is the
unique 1735 imitation Lima 8 escudos that was
found in the collection of legendary Baltimore
banker, Louis E. Eliasberg Sr.
Announcement of the finder’s reward was made by
Donald H. Kagin, Ph.D., President of Kagin’s,
when he displayed the counter-stamped doubloon
at the American Numismatic Association World’s
Fair of Money convention.
"This is the first time it has been back in
Baltimore since Eliasberg’s word coin collection
was sold in a public auction in 2005."
Described at the time of the action as "a
highlight of the Eliasberg collection," it has
two, identical "SB" counter-stamps on the
reverse, the same oval-shaped hallmark design as
found on various early American silverware
produced in Barry’s Baltimore workshop.
"Currently, the doubloon is the only coin we
know that was countermarked by Barry. There are
a small number of 1790-dated Standish Barry
three-pence pieces known, but those were struck
from regular dies by Barry, and not
countermarked," explained David McCarthy,
Kagin’s Senior Numismatist and Researcher.
"We will pay $5,000 just to be the first to see
the first, new, authentic Standish
Barry-countermarked gold coin, and $1,000 per
additional piece for that may turn up. We also
will pay $1,000 for the first, genuine silver
countermarked piece, and $500 for additional
one," said McCarthy.
Eliasberg obtained the unrecorded, unique reeded-cast
imitation Lima doubloon from the John Clapp
estate in 1942. It remained unpublished for over
a half century until 2004. Since then it has
been compared to the famous Brasher Doubloons
produced in New York City by silversmith Ephraim
Brasher. Both types of coins weigh the same:
17-Pennyweights (or 26.42 grams), and were
valued at $15.
For additional information, contact Kagin’s,
Inc., 98 Main St., Suite 201, Tiburon,
California 94920. Phone: (415) 435-2601. Online:
About Kagin’s, Inc
Numismatist Donald H. Kagin has unique
credentials as a numismatic authority. He earned
the first Bachelor of Arts degree in Numismatics
granted by Northwestern University,
simultaneously earning another B.A. in history.
Graduate and post-graduate studies at
Northwestern, Drake University, John Hopkins
University, the American Numismatic Society
Museum, the Smithsonian Institution, and the
Union Graduate School earned Don the first
Doctorate in Numismatics ever granted in the
Dr. Kagin’s fields of expertise are private gold
coins and United States currency. He authored
the most comprehensive book on the former,
Private Gold Coins and Patterns of the United
States, which won the Numismatic Literary
Guild’s “Best Book of the Year” award. He has
also authored the most comprehensive book on
rare coin investing, Donald Kagin’s Personal
Guide to Rare Coin Investments, which was
awarded the “Best Investment Book” by the
Numismatic Literary Guild.