1787 Fugio 1C United States, Newman 11-B, BN MS(PCGS#878117)

August 2023 Global Showcase Auction U.S. Coins

拍卖行

Stack's Bowers

批号

8460

等级

MS64BN

价格

52,428

详细说明

Incredibly Well-Balanced Newman 11-B Fugio Cent 1787 Fugio Cent. Pointed Rays. Newman 11-B, W-6785. Rarity-4. UNITED STATES, 4 Cinquefoils. MS-64 BN (PCGS). 124.2 grains. 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 and fully struck on a high quality planchet devoid of the sometimes disfiguring planchet flaws that plague the series. Chocolate brown and boasting unbroken mint luster, with abundant mint color illuminating the fields and putting it closer to a red-brown than a brown designation in our opinion. The coin is a delight not only at arm's length, but also up close, with the fine die lines and 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. Provenance: From the Sydney F. Martin Collection. Earlier from our (Bowers and Merena's) sale of the Sussex Collection, May 1992, lot 394; Donald Scarinci Collection, November 2010. To view supplemental information and all items from the Sydney F. Martin Collection, click here. PCGS# 889. NGC ID: 2B8F. Click here for certification details from PCGS. Image with the PCGS TrueView logo is obtained from and is subject to a license agreement with Collectors Universe, Inc. and its divisions PCGS and PSA.