1787 Fugio Copper. Club Rays. Newman 4-E, W-6685. Rarity-3. Rounded Ends. EF-40 (PCGS).137.0 grains. Lovely golden-brown in color with swaths of deep russet patina scattered throughout the fields. Natural striations in the planchet remain in the left obverse and show slightly though on the opposite side. A trivial patch of roughness is noted at the sunface, though the eponymous rays are distinct and untroubled. This is an intermediate die state with the bottom of the first 8 in the date filled, but the crack at O of FUGIO not yet formed. Nicely centered on each side and overall bold for the marriage The top nine examples of Newman 4-E seen by specialist Rob Retz were graded just AU or EF, emphasizing the importance of the current piece in the context of this desirable variety.From the Cohasco Collection of Colonials formed by Sir Philip H. Snyder, circa 1963-68.