1787 Fugio Copper. Pointed Rays. Newman 16-H, W-6920. Rarity-5. UNITED STATES, 4 Cinquefoils. EF-40 BN (PCGS).Excellent quality for this scarce variety of which only a few are known in better than XF grade. Pleasing chocolate brown surfaces, the toning just a bit mottled on the obverse where there are some tiny specks of surface buildup. Nicely struck on a rather odd, slightly elliptical planchet. The reverse die break at 6 o’clock is in its latest state. A nice piece and worthy of careful consideration as we suspect the odds of acquiring one of the few better ones anytime soon are rather slim.Ex St. Louis Stamp & Coin Co. October 1926 ; Hillyer Ryder ; F.C.C. Boyd Estate ; John J. Ford, Jr. Stack’s October 2003, lot 298.
