Collectible coins are typically categorized based on their historical significance, rarity, condition, and demand among collectors. The New York Copper, minted in 1786, represents one of the earliest forms of currency in the United States, specifically issued by the New York City government during a time when the new nation was establishing its monetary identity. Made primarily of copper, these coins are notable for their distinctive designs and the historical context in which they were produced, reflecting early American coinage practices. Their limited production and unique characteristics contribute to their value and desirability among numismatic collectors.