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

The August 2013 Chicago ANA World's Fair of Money

拍卖行

Stack's Bowers

批号

1364

等级

VF25

价格

28,819

详细说明

Elusive Raised Rims Reverse Newman 12-Z Ex: Schettino Collection 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 ever had the chance to describe, written (in somewhat juvenile fashion) in the 1995 C4 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 $4600), 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 tough 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. PCGS# 895. Provenance: From the Robert Ayers Collection. Earlier from McCawley-Grellman’s 1995 C4 sale of the John Griffee Collection, October 1995, Lot 444. Even earlier, from the Clem Schettino Collection, purchased from Tom Rinaldo in September 1994. Lot tag and paper envelope with attribution notes included.