1787 Fugio Copper. Club Rays. Newman 2-C, W-6630. Rarity-6. Concave Ends, FUCIO, UNITED STATES. VF-20 (PCGS).
A popular and very rare major variety, the FUCIO obverse is the only such spelling blunder in the entire Fugio series. Only two dies display the FUCIO legend -- the very rare Newman 2 and the excessively rare Newman 23. The combined population is a mere 25-30 coins, a supply woefully short of meeting demand for such a significant and distinctive variety. This specimen is a nice medium brown with finely granular surfaces, even and not distracting, retaining a good measure of gloss. The obverse is aligned to 8:00 or so, as seen on others of this variety, but the C of FUCIO is easily seen. The legends on the planchet are all quite bold, and the concave ends of the sunrays are all detailed and easy to see. A shallow vertical hairline in the left obverse field matches one in the right field, but neither are bothersome in the least. No rim flaws or digs require mention, and the only planchet gaps are one in the ring right of the bottom of the reverse and a little striation from the reverse rim at 3:00. The visual appeal is very nice overall, particularly for a variety as rare as this.
PCGS# 878521.
From the Pierre Fricke Collection. Earlier from our (Stack's) The Brooklyn Sale, March 2007, lot 98; Anthony Terranova.
Price realized | 9'750 USD |
Starting price | 1 USD |
Estimate | 12'000 USD |