1787 Fugio Cent. Pointed Rays. Newman 10-T, W-6705. Rarity-5-. STATES UNITED, 1/Horizontal 1. EF-40 (PCGS).
150.8 grains. A lovely example, golden brown with lighter olive brown on the worn high points of the devices and legends. Well struck and well-centered on a well-made flan, absent the usual planchet flaws that can plague Fugio cents, though the Newman 10-T combination is usually found on better than average planchets. A few marks on the surfaces may be found, a thin, worn-out old hairline meandering through the sun's rays until it stops at the top of the gnomon. This example is ranked number 9 on the Retz census, and though finer examples exist, they can be in a wholly different value range, such as the PCGS AU-55 Pierre Fricke specimen that sold for $26,400 in our November 2021 Baltimore Sale.
PCGS# 878086.
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From the Sydney F. Martin Collection. Earlier from our (Bowers and Merena's) sale of the Sussex Collection, June 1990, lot 4009; Donald Scarinci Collection, November 2010.
Estimate: $5000
Price realized | 3'600 USD |
Starting price | 1 USD |
Estimate | 5'000 USD |