Choice Select Mint State Newman 8-B Fugio
1787 Fugio Cent. Pointed Rays. Newman 8-B, W-6740. Rarity-2. UNITED STATES, 4 Cinquefoils. MS-63 BN (PCGS).
137.1 grains. A thoroughly appealing example of both the type and die pairing, and premium quality for the assigned grade given how much mint red remains. Indeed, the surfaces display considerable and strong pinkish-rose color as the coin rotates under a light, which blends nicely with iridescent golden-brown toning. Obverse impression drawn trivially to 7 o'clock, lower left border into the letter B in BUSINESS, right periphery soft with original planchet texture interfering with the detail at the tops of the date digits. The reverse is similar, off center trivially to 11 o'clock, right periphery retaining some virgin planchet texture. Still, most design elements are bold, and the overall design on both sides is fully appreciable. Good planchet quality with no flaws, the surfaces nicely composed and also free of significant post-production blemishes. Syd described this succinctly as a "superb coin," and we wholeheartedly agree. It is definitely superior to the vast majority of Mint State examples from the Bank of New York Hoard, which contained 246 examples of Newman 8-B when inventoried in 1948.
PCGS# 848315. BASE PCGS# 889. NGC ID: 2B8F.
From the Sydney F. Martin Collection. Earlier ex Lawrence R. Stack Collection, November 3, 2006.
Price realized | 6'000 USD |
Starting price | 1 USD |
Estimate | 8'000 USD |