1787 Fugio Copper. Pointed Rays. Newman 12-S, W-6805. Rarity-5. STATES UNITED, 4 Cinquefoils. AU-50 (PCGS).

A lovely example of this scarce die variety. Features the pleasing light brown color that this variety is often blessed with, and this combined with its strong sharpness and smooth, pleasing character places this piece among the best examples of the die pair to have come to market in recent decades with none materially nicer. Predominantly hard, glossy surfaces show just a few tiny planchet flaws on the obverse and faint scratches at the central reverse. Trivially off center but none of the design or legends are affected.

PCGS# 878097.

From the Pierre Fricke Collection. Purchased from Anthony Terranova in 2008.