1787 Fugio Copper. Pointed Rays. Newman 9-P, W-6755. Rarity-4. STATES UNITED, 4 Cinquefoils. EF-45 (PCGS).Choice, mark-free medium brown surfaces. An appealing and quite sharp example of a late, but not terminal, die state of the variety. The bisecting reverse die crack is gaining strength and there is metal out at the rim where the crack began. Free from planchet flaws or other distractions, there is a tiny bit of minute roughness in the underlying reddish patina on the reverse but it is not disturbing at all. Conservatively graded by PCGS as the coin actually has solid AU sharpness. Perhaps the soft peripheral detail associated with the late die state threw them off.Ex Stack’s May 2007, lot 570.
