1787 Fugio Cent. Pointed Rays. Newman 9-P, W-6755. Rarity-3. STATES UNITED, 4 Cinquefoils. AU-50 (PCGS).
Newman 9-P is one of the more common mostly non-Bank of New York Hoard varieties, though a dozen pieces were recorded in the hoard as of 1948. Sometimes the variety displays long streaks of planchet slag, or large pieces missing from the planchet, such as the fascinating, essentially Mint State coin that was offered as part of the Star of Texas Collection in our Spring 2022 Baltimore Auction. This coin, on the other hand, displays only a few superficial planchet flakes. Its chocolate brown surfaces are attractive, with luster remaining in the protected areas. The overall surfaces display a gloss that combined with a near absence of wear, leads us to believe that this coin spent the briefest time in circulation and then sat in an ideal environment while it mellowed to the current amazing coin before us today. This is the plate coin for the B/A die state in the 2008 update to the Newman reference.
PCGS# 883. NGC ID: 2B8E.
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From the Sydney F. Martin Collection. Earlier ex David Palmer; John Agre and Dave Wnuck (Coin Rarities Online) via Mike Wierzba, June 2008.
Estimate: $3500
Price realized | 1'800 USD |
Starting price | 1 USD |
Estimate | 3'500 USD |