Preliminary identification

Massachusetts Copper Cent, 1788

Photo reference

2 uploaded photos

Overview

An incredibly historic copper cent minted by the state of Massachusetts in 1788, just before the establishment of the United States federal mint. The obverse features a standing Native American holding a bow and arrow under a single star, while the reverse displays a heraldic eagle with a shield on its breast inscribed with 'CENT'.

Story

In 1788, before the U.S. Mint existed, individual states struck their own coins. Massachusetts created this copper cent to establish economic independence. It features an early version of the patriotic eagle that would define American currency.

Maker / Origin

These coins were authorized by the Massachusetts General Court and struck at a state-operated mint in Boston under the direction of Joshua Witherle. Witherle was a skilled Boston copper and goldsmith who helped establish this short-lived minting operation, which closed in 1789 when the U.S. Constitution granted the federal government sole power to coin money.

Condition & Value

The coin shows moderate to heavy wear consistent with circulation, with a dark, naturally aged patina and some surface pitting or corrosion. The lettering and central designs remain legible, which is excellent for a coin of this age.

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Sold comps, value drivers, and venue guidance pulled from recent auction results.

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Market Analysis

Comparable demand stays strongest where maker, originality, and venue confidence line up. Broader examples still trade, but the range tightens quickly when provenance, condition, or selling lane fit is missing.

Value Drivers

  • Strong maker attribution with credible period details
  • Better-than-average condition for the category
  • Broader demand rises when presentation and finish feel intact

Concerns

  • Decorative-only demand limits the ceiling
  • Surface wear or missing provenance can compress the range fast
  • Regional sale lanes often underperform specialist venues

Best Venue

Specialty auction or a focused dealer with buyers already in this lane.

Comparable Sales

5 comps
Regional auction· Jun 2024
$1,280

Signed example with light edge wear and original frame.

Dealer archive· Mar 2024
$1,450

Comparable format with stronger provenance and cleaner surface.

Marketplace sale· Jan 2024
$980

Smaller related piece with visible craquelure and trimmed margins.

Estate platform· Oct 2023
$1,150

Period match with softer condition and weaker subject matter.

Auction result· Aug 2023
$1,375

Close market lane comp with similar material and presentation.