1787 Fugio Copper. Pointed Rays. Newman 8-B, W-6740. Rarity-3. UNITED STATES, 4 Cinquefoils. EF-40 (PCGS).159.5 grains. This is lovely example with dark olive-brown patina across each side. The sundial and sunface are impressively intricate on the obverse, though the usual softness is noted at the lower border. A small planchet flaw occupies the lower obverse edge at 7 oclock and scattered natural striations are visible throughout. The dies are in a relatively early state, with the crack at the F in FUGIO just beginning to develop at the rim. Obvious clash marks are woven behind the rings on the reverse, and the diagnostic crack at 8 oclock is already distinct. With some 246 examples included in the Bank of New York hoard as of 1948, Newman 8-B is one of the more readily obtainable die marriages of the Fugio copper, making it popular for type purposes. The strong eye appeal of the present example with only increase this desirability.From the Cohasco Collection of Colonials formed by Sir Philip H. Snyder, circa 1963-68.
