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首席收藏网 > 数据中心 > Stack's Bowers and Ponterio > SBP2021年11月#3-早期美国钱币

Lot:2135 1787 Fugio Copper. Pointed Rays. Newman 1-Z, W-6610. Rarity-6+. Obverse Cross After Date, No Cinquef

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世界钱币

USD 6000

SBP2021年11月#3-早期美国钱币

2021-11-23 08:00:00

2021-11-23 11:00:00

USD 7800

SBP

成交

1787 Fugio Copper. Pointed Rays. Newman 1-Z, W-6610. Rarity-6+. Obverse Cross After Date, No Cinquefoils, Reverse Label with Raised Rims. VF Details--Environmental Damage (PCGS). An illustrious rarity among the Fugio coppers, a variety that combines numismatic significance with formidable scarcity. Newman 1-Z is referred to as the "Production Pattern" variety for a number of reasons. It shares its obverse die with the famous American Congress pattern variety (Newman 1-CC) and given the early state of the dies, was clearly struck soon after the 1-CC patterns (whose AMERICAN CONGRESS reverse legend was rejected by the Board of Treasury on July 6, 1787) and before the regular production varieties 1-B and 1-L. The Z reverse, used later on Newman 12-Z and 19-Z, is notable for the distinctive shape and size of the letters in WE ARE ONE and the "raised rims" and shallow letters on the label, all hand-cut into the die as opposed to the letter punches used on all subsequent dies. This variety comes on relatively high quality planchets, struck medal turn, and given the paucity of specimens around today, was clearly made in limited quantities. All of this suggests it can rightly be considered a pattern issue, perhaps struck for presentation to the Board of Treasury in order to gain their approval and commence normal production.<p>The offered example is a pleasing representative and desirable for its old provenance. The dark olive surfaces show no significant damage or flaws, just some traces of old lacquer and a microscopically rough patina which explains the PCGS qualifier. The overall appearance of the coin is fairly smooth however, and lighter brown color on the much of the devices redeems some of the eye appeal. Only modest wear is seen on the higher points of the design and all of the major features remain clear. This is a commendable example of this challenging variety worthy of any fine Fugio cabinet. Just over a dozen specimens are known and many advanced collections of the series have lacked this variety altogether.<p> From the Pierre Fricke Collection. Earlier from S.H. and Henry Chapmans sale of the Richard Winsor Collection, December 1895, lot 304; Henry Chapmans sale of the W.B. Guy Collection, November 1911, lot 326; our sale of the Ted L. Craige Collection, January 2013 Americana Sale, lot 11562. Includes the original Henry Chapman auction envelope from the 1911 Guy Sale.

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