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ANA Signature US Coin Sale 1258  2-6 Aug 2017
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Lot 3016

Starting price: 1 USD
Price realized: 4100 USD
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Colonials
1787 1C Fugio Cent, UNITED STATES, 4 Cinquefoils, MS64+ Brown PCGS. CAC. Newman 8-B, W-6740, R.3.
Glossy walnut-brown surfaces with a hint of remaining mint red provide this Choice Uncirculated Fugio with strong eye appeal. The uneven strike often seen on these pieces is evident toward 7 o'clock on the obverse / 11 o'clock on the reverse, but there are very few post-strike marks to mention. The Newman 8-B is one of the varieties encountered in the Bank of New York hoard uncovered in 1856. Close examination reveals a number of die cracks on both sides, as well as evidence of die clashing most apparent on the reverse. A wedge-shaped break is located over the first 7 of the date, marking this as a later state. The Bowers Colonial Encyclopedia states that Uncirculated examples of this variety usually have some problems. This near-Gem piece would seem to be an exception. Listed on page 89 of the 2018 Guide Book.

HID02901242017
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