1787 Fugio Copper. Pointed Rays. Newman 12-M, W-6800. Rarity-3. STATES UNITED, 4 Cinquefoils. EF-40 (PCGS).Not an overly scarce variety, but challenging to find in high grade and there are no examples known that come anywhere close to mint state. Thought of very highly by the Ford cataloger who described this piece as “very choice about uncirculated” and being close to a candidate for finest known honors. While we see the technical grade as just shy of AU, it’s certainly very choice and among the best examples offered in recent decades. The surfaces are a glossy, deep brown, the detail nicely struck and well centered, and there are just a few light flaws on the reverse.Ex F.C.C. Boyd Estate ; John J. Ford, Jr. Stack’s October 2003, lot 272.
