1793 Wreath Cent 1c NGC VF Details Rev Damage Whiskey Rebellion *SEE DESCRIPTION - $17,995 - (Silver Spring, MD)

1793 Wreath Vine & Bars Large Cent 1c NGC VF Details Rev Damage Whiskey Rebellion Protest Coin The design of the 1793 Cent--the first US Penny--truly reflects the excitement experienced by American Patriots: Liberty, with the Flowing Hair.The Montgomery Collection's 1793 Flowing Hair Cent has an added feature of historic importance: it is possibly the first Protest Coin in the American Series.The protest? The 1794 Whiskey Rebellion, when the US.Government, starved for revenue sources, placed an excise tax on distilled whiskey, an activity done by many Americans with their home stills.But, as with most forms of taxation, Americans--particularly the rural folks--did not take well to the new Federal Excise Tax on Whiskey, and this engendered a rebellion so serious, that Pres. Washington was forced to call out the troops.Feeling he was commanded by the US Constitution to PERSONALLY serve as Commander-in-Chief of the Federal Militia, Washington mounted his horse in Eastern Pennsylvania to march west in a show of force.This was serious business, as Federal Soldiers died--mostly from disease--but die they did. This particular 1793 Cent shows the tensions of those times.Showing the likely handiwork of a Pennsylvania farmer who whittled wood as a hobby, this Anti-Federalist, likely rural distiller took this young coin and rotated it in a clockwise motion to express his anger, striking over the words "UNITED STATES OF AMERICA" on the reverse.Ending with the three pronounced strikes at the end of the letter "A" (AMERIC"A").Thus, the protest seems to be clearly Anti-Federalist, and a reaction against the new whiskey tax.So for the price of a 1793 Large Cent, you can own the first known US Protest Coin in the American Series.

Posted in Silver Spring, MD, Collectibles
From ebay.com - 1 month ago