1787 Fugio Cent. Pointed Rays. Newman 13-X, W-6855. Rarity-2. STATES UNITED, 4 Cinquefoils. MS-63 BN (PCGS).
150.2 grains. An appealing Choice Mint State example with an above average strike and attractive, frosty surfaces. The obverse is free of marks, flaws, and spots. The reverse is nice as well with just a light flaw in the chain link left of STATES. Both sides display an even medium brown patina with silvery overtones. 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. Many friends and depositors at the bank received Fugio cents from time to time from the bank's hoard, though that practice ceased decades ago.
PCGS# 883. NGC ID: 2B8E.
From our sale of the Norman G. Peters Collection, June 2021 Auction, lot 1246.
Estimate: $ 2000
Price realized | 3'800 USD |
Starting price | 1 USD |
Estimate | 2'000 USD |