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date: 20 August 2019

Cogan, Edwardlocked

(05 January 1803–07 April 1884)
  • Eric P. Newman

Extract

Cogan, Edward (05 January 1803–07 April 1884), coin dealer, was born at “Higham Hill” in Walthamstow, Essex, England, the son of Reverend Eliezer Cogan, a schoolmaster, and Mary Atchison, both originally from Northamptonshire, England. Cogan was educated at his father’s school. He married Louise Webb at Hoxton, near London; they had eight children. Cogan immigrated to Philadelphia in 1853, and after a brief career selling books and paintings he devoted all his time to dealing in coins. The beginning of Cogan’s coin dealings was quite modest. A friend persuaded him to buy an electrotype of a 1792 Washington cent for twenty-five cents. “Upon showing it as a curiosity to a gentleman,” Cogan reported, “he offered me fifty cents.” Other friends informed him that an 1815 cent (none exists) would fetch $5 and that demand for U.S. cents was “springing up.” “I collected the whole set [U.S. cents] from 1793,” Cogan stated, “and then started selling duplicates” ( ...

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