1787 Fugio Copper. Pointed Rays. Newman 8-X, W-6750. Rarity-3. STATES UNITED, 4 Cinquefoils. Thin Planchet. AU-50.114.38 grains. A handsome and lightly circulated example of this Bank of New York hoard variety. The surfaces are richly toned in walnut shades with lighter olive-brown across the high points. Each side is ideally centered, if not perfectly, and the peripheral elements are tight to the borders. Scattered striations in the planchet show under scrutiny though these do not distract from the overall aesthetic. The obverse crack is well developed in this state, bisecting the die from 6 to 11 oclock and accompanied by dramatic clashmarks behind FUGIO and the date. Softness on the reverse corresponds with the obverse bulging, and a crack is just barely discernible through the lower ring at 6 oclock. An attractive piece suitable for both specialists and type collectors.From the Cohasco Collection of Colonials formed by Sir Philip H. Snyder, circa 1963-68.
