1787 Fugio Copper. Pointed Rays. Newman 10-T, W-6705. Rarity-5. STATES UNITED, 1/Horizontal 1. 4 Cinquefoils. VF Details--Environmental Damage (PCGS).151.3 grains. A challenging example with brick-red coloration and patches of dark pewter patina throughout. The granular texture of the surface obscures some of the finer detail, though the overall definition remains pleasing. The horizontally punched 1 of the date shows clearly, with the remnants of this initial digit on each side of the corrected, vertical 1. A planchet flaw near 1 oclock on the obverse edge trims the very tips of the sun rays but is otherwise benign. The 1 Over Horizontal 1 type is rare and essential <em>Red Book</em> type that is always in high demand from collectors. This piece remains an important representative despite the noted surface texture.From the Cohasco Collection of Colonials formed by Sir Philip H. Snyder, circa 1963-68.
