1787 Fugio Cent. Pointed Rays. Newman 17-S, W-6935. Rarity-3. STATES UNITED, 4 Cinquefoils. EF-40 (PCGS).
157.6 grains. Light chocolate brown in the fields and on the high points alternates with deeper chestnut brown for a pleasing two-tone effect on both sides. Well-centered and fully struck, with some trivial softness at the peripheries and the usual weakness of both S's in STATES. Despite its Rarity-3 rating, just one Mint State piece apparently exists, the Robert Ayers example we sold in a PCGS MS-62 BN encapsulation in February 2014. Most people would also call the piece in the Pine Tree Elizabeth Morton Sale Mint State, though it was graded PCGS AU-58+ in its last auction appearance as part of our 2018 sale of the Archangel Collection. The next tier of coins are lovely AU and EF examples, like the present piece that will find a home in a well-chosen die variety set of Fugio cents.
PCGS# 878107.
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From the Sydney F. Martin Collection. Earlier ex Jeff Rock, 1993; Donald Scarinci Collection, November 2010.
Estimate: $2750
Price realized | 1'700 USD |
Starting price | 1 USD |
Estimate | 2'750 USD |