• 1787-1887 New Jersey Copper Values

Greysheet & Red Book® PRICE GUIDE

coin-icon-tr

Sponsor

shop Great Collections

Sponsor

shop

Sponsor

shop Stacks Bowers Auctions

Sponsor

shop CAC

Sponsor

shop US Coins and Jewelry

The Greysheet Catalog (GSID) of the New Jersey Copper (1786–1788) series of Colonial & Post-Colonial Issues in the U.S. Coins contains 1 distinct entries with CPG® values between $3,000.00 and $7,000.00. On June 1, 1786, the New Jersey General Assembly granted to Thomas Goadsby, Albion Cox,

The Greysheet Catalog (GSID) of the New Jersey Copper (1786–1788) series of Colonial & Post-Colonial Issues in the U.S. Coins contains 1 distinct entries with CPG® values between $3,000.00 and $7,000.00.

On June 1, 1786, the New Jersey General Assembly granted to Thomas Goadsby, Albion Cox, and Walter Mould authority to coin three million coppers weighing six pennyweight and six grains (150 grains total, or 9.72 grams) apiece, to be completed by June 1788, on condition that they deliver to the state treasurer "one Tenth Part of the full Sum they shall strike." These coppers were to pass current at 15 to the shilling. Matthias Ogden also played a significant financial and political role in the operation. In an undertaking of this kind, the contractors purchased the metal and assumed all expenses of coining. The difference between these expenses and the total face value of the coins issued represented the profit. Later, Goadsby and Cox asked authority to coin two-thirds of the total independently of Mould. Their petition was granted November 22, 1786. Mould was known to have produced his coins at Morristown, while Cox and Goadsby operated in Rahway. Coins with a diameter of 30 mm or more are generally considered Morristown products. Coins were also minted in Elizabethtown by Ogden and by others in New York. The obverse shows design elements of the state seal, a horse's head with plow, and the legend NOVA CÆSAREA (New Jersey). The reverse has a United States shield and, for the first time on a coin, the legend E PLURIBUS UNUM (One Composed of Many). More than 140 varieties exist. The majority have the horse's head facing to the right; however, three show the head facing left. Other variations have a sprig beneath the head, branches below the shield, stars, cinquefoils, and other ornaments.

See More See Less
1787/1887 Copper New Jersey, Overdate MS BN
Value Range: $3,000 - $7,000
$3,000 - $7,000

Available on Greysheet Marketplace

View All
1781 Token North American MS BN

Auction Ends: 3/30/2026

Dealer Directory

View All Dealers
Coinfully
FEATURED

Greysheet News

View All News
Carter Collection: White Glove & World Records– Presidential Provenance Boosts Brunk Auctions' February Sales to $2.9 Million
Carter Collection: White Glove & World Records– Presidential Provenance Boosts Brunk Auctions' February Sales to $2.9 Million
3/11/2026

Brunk Auctions concluded three days of sales with outstanding results for Premier British & Continental on February 24, Americana featuring the Estate of Jimmy and Rosalynn Carter on February 25, and Premier American & Southern on February 26.

1796/5 BD-1 Half Eagle and 1825 BD-2 Quarter Eagle Grab Center Stage at Heritage's U.S. Coins Auction
1796/5 BD-1 Half Eagle and 1825 BD-2 Quarter Eagle Grab Center Stage at Heritage's U.S. Coins Auction
3/9/2026

Ingots from S.S. Central America and noted featured collections also among March 26-28 event highlights.

CAC Coins Bring Premiums in February 2026
CAC Coins Bring Premiums in February 2026
3/9/2026

CAC approved and CACG encapsulated coins fared well in public sales during the month of February 2026.

Map icon

Mustang Town Center

Map icon

Rothchild Catering & Conference Center