Lot 81
1787 Fugio Cent with Pointed Rays and UNITED STATES Newman 11-B rarity-4. PCGS graded MS-65 Red & Brown. Choice lustrous mint red fading to light bluish steel brown, at least a third of the original mint color remaining on each side. Struck very slightly off center to K-8 on a high-quality planchet that is free of the usual imperfections found on Fugio Cents. The only mark is a small spot of darker olive brown toning on the left base of the sundial. LDS with deep die clashmarks on both sides. A premium example of the type. Most likely from the Bank of New York hoard discovered in 1856 and slowly disbursed over the next century. A total of 1641 Fugio Cents were in the hoard, but only 60 of those were of the Newman 11-B die variety. This is one of the better ones from that group. Listed on page 87 in the "Redbook." Weight 140.0 grains. Pop 1; none finer at PCGS.
Estimated Value $5,000-UP.
Ex Tony Terranova.
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| Realized $15,275 |
