1787 Fugio Cent. Pointed Rays. Newman 11-B, W-6785. Rarity-4. UNITED STATES, 4 Cinquefoils. MS-63 BN (NGC).
We believe the Newman 8-B and 11-B Fugio cents of the UNITED STATES type to be the best choices as representative of the Fugio cent series, and this piece is no exception. It is boldly struck on a high quality planchet devoid of all but minor drift marks that require magnification for identification. Predominantly chocolate brown in color with good gloss to satin-textured surfaces. The coin is a delight not only at arm's length, but also up close, with the incredibly bold clash marks coming into greater focus under magnification; the die state is Newman C/E. Most surviving Newman 11-Bs undoubtedly trace back to the Bank of New York Hoard, and as late as 1948, there were 60 examples of this variety in the hoard. As such, most survivors are Uncirculated or nearly so, and well circulated examples such as the Fine-12 we sold in our June 2021 auction are actually much rarer than Mint State examples.
PCGS# 889. NGC ID: 2B8F.
Purchased from Robert Rhue, May 2016.
Price realized | 3'300 USD |
Starting price | 1 USD |
Estimate | 3'000 USD |