1787 Fugio Copper. Pointed Rays. Newman 1-B, W-6600. Rarity-4. Obverse Cross After Date, No Cinquefoils, UNITED STATES. AU-50 (PCGS).

A lovely example of this significant Guide Book variety that features the distinctive Cross After Date obverse first used on the legendary Newman 1-CC AMERICAN CONGRESS patterns. The surfaces are a pleasing light tan and olive-brown with natural gloss. There are no marks or roughness, and in the way of planchet flaws only a few tiny flakes on each side. Well struck and nicely centered on the high quality planchet, the detail is complete and bold throughout with just light wear on the highest points of the coin. A handful of AU graded examples top the census for this variety, and the present coin is among the sharper and more pleasing of that group. It holds up admirably against the Oeschner-Ayers and Craige-Sun Rays specimens, graded AU-50 and AU-55 respectively by PCGS, the two best examples in our archives. An MS-64 BN and MS-64 RB listed in the PCGS Population Report have never been seen and are almost certainly data entry errors. Here is a top notch piece perfect for an advanced type or variety set of Fugio coppers.

PCGS# 878904.

From the Pierre Fricke Collection. Purchased from John Kraljevich in 2008.