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Lot
54

1787 1C Fugio Cent, Club Rays, Concave Ends, FUCIO VF30 PCGS. Newman 2-C, R.6. A rare die marriage that also marks the only...

2006 June Long Beach Signature Auction #408

 
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Auction Ended On: Jun 1, 2006
Item Activity: 9 Internet/mail/phone bidders
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Location: Long Beach, CA
Description:
Significant FUCIO Concave Ends Fugio Cent
1787 1C Fugio Cent, Club Rays, Concave Ends, FUCIO VF30 PCGS. Newman 2-C, R.6. A rare die marriage that also marks the only pairing of either die. The obverse die is significant for two reasons. It has the engraving blunder FUCIO, and the rays are clubbed with concave ends. Five different Kessler-Newman Concave Ends varieties are known, and all are very rare to extremely rare. The two Rounded Ends varieties, N. 3-D and 4-E, are comparatively plentiful. The present piece is surprisingly sharp for the VF30 grade. Softness on the sun's face appears to be a characteristic of the die, and most sundial numerals are bold. Peripheral striking incompleteness affects the lower left obverse border, but the remainder of the legends are clear. The pale brown surfaces are unabraded, although a few minor planchet fissures are present. These are much less conspicuous than on, for example, the Norweb example of N. 2-C. In terms of wear and sharpness of strike, the current lot is equal to the Stickney-Ryder-Boyd-Ford example, and is superior to the latter when surface preservation is accounted for, since the Ford plate shows a relatively large spot on the reverse at 7 o'clock. Since the Ford specimen, cataloged by Stack's as Extremely Fine, sold for $27,600 in October 2003 during a less heated market, a comparable bid will likely be insufficient to secure the present lot. A significant opportunity for the alert specialist. Described as extremely rare on page 84 of the 2006 Guide Book. (PCGS# 907)

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