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1787 Fugio Copper. Pointed rays, cross after date, no cinquefoils, UNITED STATES. XF45 PCGS.

Currency:USD Category:Coins & Paper Money / US Coins - Colonials Start Price:2,000.00 USD Estimated At:6,000.00 - 8,000.00 USD
1787 Fugio Copper. Pointed rays, cross after date, no cinquefoils, UNITED STATES. XF45 PCGS.
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This item SOLD at 2017 Mar 16 @ 13:53UTC-5 : EST/CDT
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1787 Fugio Copper. Pointed rays, cross after date, no cinquefoils, UNITED STATES. XF45 PCGS.
The quality of this piece is enhanced by its unblemished planchet and attractive brown surfaces. The late strike shows the dies to have been clashed at one time leaving a light impression on both the obverse and reverse. It is in exceptionally high grade for this rare variety, and slightly nicer than those seen in the Roper, Ford and Newman collections.

The Newman 1 obverse die represents a prototype design that was soon modified to a version with cinquefoil stops before and after the date. It was combined with three different normal reverse dies, producing a trio of rare varieties. In an earlier iteration it is combined with the extremely rare AMERICAN CONGRESS Pattern.
Fugio coppers, sometimes called “cents”, were the first coins issued under the authority of the newly formed United States government and are considered an essential part of every collection.

PCGS Coin Facts