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

August 2018 ANA U.S. Coins Auction Philadelphia, PA

拍卖行

Stack's Bowers

批号

226

等级

VF25BN

价格

22,987

详细说明

1787 Fugio Copper. Pointed Rays. Newman 12-Z, W-6830. Rarity-5. STATES UNITED, Label With Raised Rims, Large Letters in WE ARE ONE. VF-25 (PCGS). 146.5 grains. The first example of this variety your cataloger (John Kraljevich) ever had the chance to describe, written (in somewhat juvenile fashion) in the 1995 C-4 sale as: "VF-20. Brassy light brown. Scattered light marks, none detracting. Rims perfect. A very nice example of this rare and distinctive variety, among the finest known. Since McLaughlin lists VF as the highest grade and knows of only three, we are probably safe in our assumption this is a Condition Census piece. Really no major problems and good detail, especially in the all important central reverse. STATES, WE ARE ONE strong, with only UNITED and the final E in ARE weak. Die crack at reverse K6." As it turns out, the educated guesses offered therein turned out to be pretty much right: Retz included this piece as sixth finest known on his census, the Boyd-Ford piece that appeared for the first time some eight years after the present coin sold turned out to be "About Fine" (yet still brought $4,600), and not many more higher grade specimens turned up in later years. The Retz coin was sharper but had some scratches; it brought $5,288. Craige's certified as VF-35 (PCGS) but was only a smidge sharper than this one, netting $7,050. This remains a very challenging variety to find, nearly impossible better than VF. The slight central weakness is common to almost all known specimens, as is the medal turn die rotation. Provenance: Ex Clem Schettino Collection, purchased from Tom Rinaldo in September 1994; McCawley-Grellman's 1995 C-4 sale of the John Griffee Collection, October 1995, lot 444; our sale of the Robert Ayers Collection, August 2013, lot 1364. PCGS# 895. NGC ID: B7VH. Click here for certification details from PCGS.