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Lot
4102

1787 1C Fugio Cent, STATES UNITED, 4 Cinquefoils, Pointed Rays MS65 Red and Brown PCGS. Newman 8-X, W-6750, R.3....

2013 April 24 - 28 CSNS US Coin Signature Auction - Chicago #1184

 
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Auction Ended On: Apr 25, 2013
Item Activity: 10 Internet/mail/phone bidders
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Location: Renaissance Schaumburg Convention Center Hotel
1551 North Thoreau Drive
Schaumburg, IL 60173

Description:
1787 Fugio Cent, MS65 Red and Brown
Newman 8-X, Bank of New York Hoard
Tied for Finest at PCGS
1787 1C Fugio Cent, STATES UNITED, 4 Cinquefoils, Pointed Rays MS65 Red and Brown PCGS. Newman 8-X, W-6750, R.3. This late-die-state specimen has a heavy die crack from the lower obverse border with the die bulged left of the crack, obliterating part of the motto MIND YOUR BUSINESS. Clash marks are also evident.

The Newman 8-X figured prominently in the Bank of New York hoard of Fugio cents, with 189 examples found in the hoard, more than 10% of the 1,641 coins therein. This example ranks among the finest, with substantial orange luster and light brown toning. Carbon spots and planchet rifts are minimal. This piece is tied with four others as the finest Red and Brown example that PCGS has examined (3/13). Listed on page 87 of the 2013 Guide Book. (PCGS# 884)

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