1787 Fugio Copper. Pointed Rays. Newman 11-A, W-6780. Rarity-6. UNITED Above, STATES Below. AU-55 (PCGS). A wonderfully appealing specimen of this rare and desirable Fugio variety featuring the only reverse die with UNITED STATES on the top and bottom of the reverse label as opposed to on the left and right sides as seen on every single other variety. This is a choice, light olive-brown and tan example with smooth, hard surfaces that show no distracting marks or flaws. Boldly struck from a fairly early die state prior to the heavy cracks and swelling sometimes seen on the reverse. Well centered with the entirety of the of the legends and design firmly and completely on the planchet. While high grade, this is a rather unusual example as it shows light wear on the high points. The vast majority of the 30 or so known examples came from the Bank of New York Hoard and are fully uncirculated. The light wear and pleasing patina give this coin a distinctive appearance and a charm not often found on the variety. Sure to be a popular item among the many Fugio collectors lacking a Newman 11-A, this highly attractive coin is worthy of a strong bid. From the Pierre Fricke Collection. Purchased from Anthony Terranova in 2008.
