1787 Fugio 1C Newman 7-T, BN MS (PCGS#878078)
August 2023 Global Showcase Auction U.S. Coins
- 拍卖行
- Stack's Bowers
- 批号
- 8449
- 等级
- AU55
- 价格
- 26,214
- 详细说明
- 1787 Fugio Cent. Pointed Rays. Newman 7-T, W-6735. Rarity-3. STATES UNITED, 4 Cinquefoils. AU-55 (PCGS).
178.4 grains. A simply superb example of this common die variety but in uncommonly high grade, here offered in the early "perfect" states of both obverse and reverse called A/A in the 2008 Newman update. Surfaces show abundant mint frost in the fields around the very slightly worn design motifs and legends, the color a light chestnut overall with a swath of darker brown through sun face, sunrays, and extending to the 17 in the date. Some light planchet flakes are evenly distributed on the obverse without being distracting, contrasting with a slightly more obvious band of flakes at right reverse and a deeper planchet flaw is noted on ring at 9 o'clock. Four coins are graded AU-50 or finer in the Retz census, and oftentimes Retz' conservative grades are low compared to the grades assigned by third-party grading companies today. That being said, this piece does not seem to have been known to Retz and may be a fresh specimen or a piece with a lost auction provenance. It would undoubtedly rank high on the census of top specimens for Newman 7-T, which is unknown in Mint States as are most Fugio cents. EFs of the variety have been bringing over $2,000, and Newman's NGC AU-50 brought nearly $3,000 nearly a decade ago.
Provenance: From the Sydney F. Martin Collection. Earlier ex Mike Wierzba, November 2013.
To view supplemental information and all items from the Sydney F. Martin Collection, click here.
PCGS# 878078.
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