1787 Fugio 1C 4 Cinq, Raised Rims, BN MS(PCGS#895)

November 2019 Baltimore Colonial Coins and Americana Auction

Auctioneer

Stack's Bowers

Lot Number

4153

Grade

MS61BN

Price

6,600

Lot Description

Rare Newman 1-2 Raised Rims On Label 1787 Fugio Copper. Pointed Rays. Newman 19-Z, W-6975. Rarity-5. STATES UNITED, Label With Raised Rims, Large Letters in WE ARE ONE. MS-61 BN (PCGS). A rare mint state example of this important Red Book variety featuring the Raised Rims reverse, sometimes called the “Production Pattern” reverse due to the hand cut letters and use with Newman 1-Z, the first regular production Fugio variety. This magnificent piece it totally unworn and unmarked, the deep reddish-brown surfaces have a lustrous gloss and no post-strike issues. There are some light planchet flaws - at the right sunrays and lower reverse - but they are out of the way and not overly severe. A high condition census example and the second highest grade awarded the variety at PCGS. Provenance: Ex St. Louis Stamp & Coin Co. October 1926 ; Hillyer Ryder ; F.C.C. Boyd Estate ; John J. Ford, Jr. Stack’s October 2003, lot 311. PCGS# 895. NGC ID: B7VH. Click here for certification details from PCGS.