1787 Fugio Copper. Pointed Rays. Newman 13-X, W-6855. Rarity-2. STATES UNITED, 4 Cinquefoils. MS-63 BN (NGC).
A premium quality example for the assigned grade, otherwise golden-brown surfaces retain considerable mint color in vivid pinkish-orange. The latter is most prevalent around the peripheries, where mint color was protected in the field areas close in to the design elements. The strike is well centered and generally bold, softness minor and only mentionable along the left obverse and reverse borders. Free of troublesome marks, a planchet flaw in the center of the reverse is as made. Mint State examples of Newman 13-X mostly owe their existence to the fabled Bank of New York Hoard, a keg of Fugio coppers that came to light during a bank audit in the 19th century.
PCGS# 848316. NGC ID: 2B8E.
Ex Old New England Collection; Heritage's November 2020 Signature Auction, lot 7009.
Price realized | 2'600 USD |
Starting price | 1 USD |
Estimate | 3'000 USD |