1787 Fugio Copper. Pointed Rays. Newman 8-B, W-6740. Rarity-3. UNITED STATES, 4 Cinquefoils. AU Details--Cleaning (PCGS).160.9 grains. This is an overall sharp piece with many of the central devices virtually full. The outward appearance is quite strong despite a curiously glossy texture, both sides exhibiting dominant, relatively pleasing, reddish-copper patina. A splash of lighter antique gold at the lower reverse border and a swirl of crimson at the upper reverse border are the only variations to the toning. Light pitting in the planchet around the peripheries is as made, and given a general lack of distracting abrasions the outward appearance in the centers is fairly smooth. Newman 8-B is a relatively easy variety to locate no matter what grade a given collector has in mind. Indeed, of the 1,641 Fugio coppers found in the fabled Bank of New York Hoard, 246 pieces were of the Newman 8-B persuasion. This specimen deserves more than just a cursory glance.From the Newmark Collection. Earlier from our sale of the Richard Moore Collection, September 2013 Philadelphia Americana, lot 456.
