1787 Fugio Copper. Pointed Rays. Newman 14-H, W-6870. Rarity-7. UNITED STATES, 4 Cinquefoils. VG-8 (PCGS).
A seldom seen die pair in the Fugio series, this is the single rarest variety in the Fricke collection and known by just 9 examples at latest count. The surfaces are evenly granular but show no additional damage and the color is a respectable dark brown and tan. Certainly decent for the grade, enough to receive a straight grade from PCGS. Somewhat weakly struck on the left side of the obverse but the vast majority of the devices and legends on that side are at least faintly outlined and the date is bold. The reverse is more balanced, the rings are complete and UNITED STATES visible. This is apparently just the second auction appearance of the variety, the first being a different VG-8 (PCGS) example we sold in our March 2014 Baltimore Auction for $6,462.50. Needless to say, an opportunity not to be missed for the advanced Fugio collector.
PCGS# 878119.
From the Pierre Fricke Collection.
Price realized | 3'000 USD |
Starting price | 1 USD |
Estimate | 4'000 USD |