1787 Fugio Copper. Pointed Rays. Newman 20-R, W-6990. Rarity-6. STATES UNITED, 4 Cinquefoils. VF-30 (PCGS).

Pleasing, original light brown surfaces, surprisingly nice quality and eye appeal for this rare variety. Nicely centered and the detail across both sides is well balanced with just a touch of weakness at the lower right obverse border. Late die state with clash marks on both sides and rare as such. Among the dozen or so examples of Newman 20-R in our auction archives, the present coin is exceeded only by the very choice Rob Retz example graded EF-40 (PCGS) which realized $4,993.75 in our November 2012 sale.

PCGS# 878114.

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