1787 Fugio Copper. Pointed Rays. Newman 17-I, W-6930. Rarity-7. UNITED STATES, 4 Cinquefoils. VG Details--Damage (PCGS).
A serious rarity in the Fugio series with fewer than 10 examples known. While low grade, this piece is a respectable example of the dies and shows the diagnostics clearly on each side. On the obverse, most of the date and legends are visible and the die crack between the F and U to the sundial is clear. The reverse displays the extremely heavy clash marks this die is known for, and here that side looks almost as much like an obverse brockage as a reverse die. Light chocolate-brown surfaces with a stripe of darker color across the obverse. Some scrapes, roughness, and uneven wear give the impression this coin was flattened which is the damage noted by PCGS. A desirable coin nevertheless as examples of this elusive rarity are prized in any grade.
PCGS# 878402.
From the Pierre Fricke Collection. Purchased from Tom Rinaldo in 2009.
Price realized | 1'500 USD |
Starting price | 1 USD |
Estimate | 1'500 USD |