1787 Fugio Copper. Pointed Rays. Newman 13-KK, W-6860. Rarity-7-. STATES UNITED, 4 Cinquefoils. Fine-12 BN (PCGS). One of the significant rarities in the Fugio series, with perhaps ten or so specimens known. Glossy light brown with choice eye appeal for the grade, just a smattering of small marks and a rim bruise under SS of BUSINESS to note. The planchet is good quality and the devices, though worn, show more than enough to be properly identified. The large nearly horizontal crack at the base of the reverse is easily seen. Rob Retz placed this at sixth best of just eight examples he knew of. The VF details and fairly pleasing Keller piece, the discovery coin, sold to Keller by Richard Picker in 1963, realized only $3,220 in Heritages October 2010 sale. Another appearance was in Goldbergs sale of February 2007, where a much less sharp and less attractive piece netted $5,463. The present coin realized $6,900 when sold in our sale of the Rob Retz Family Collection in 2012 and a slightly sharper but damaged coin brought $9,987.50 in our sale of the Richard Moore Collection in 2013. The best survivor appears to be the New York City collection coin. The New York City coin is the main Newman (2008) plate coin, while the privately held Kessler-Spangenberger specimen was plated to show the unclashed state of the dies. That piece has lovely color and sharpness but has a tiny drill mark in the sunrays. There are plenty of Fugio collectors who still lack this number, and this appealing piece would suit most of them nicely. From the Pierre Fricke Collection. Earlier ex Dave Palmer, who cherrypicked the coin on eBay in April 2001; Rob Retz; our sale of the Rob Retz Family Collection, November 2012 Baltimore Auction, lot 6800.
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