1787 Fugio 1C United States, Cross after Date, BN MS(PCGS#880)

May 2019 Baltimore U.S. Coins Auction

拍卖行

Stack's Bowers

批号

3269

等级

AU55BN

价格

58,039

详细说明

Significant Choice AU Newman 1-B Fugio Copper Cross After Date, UNITED STATES 1787 Fugio Copper. Pointed Rays. Newman 1-B, W-6600. Rarity-4. Obverse Cross After Date, No Cinquefoils, UNITED STATES. AU-55 (PCGS). 146.6 grains. An outstanding example of this historically important Fugio variety, finer than any other that we have offered in recent years, including the Retz EF and either of the Boyd-Ford coins. The surfaces are even light brown, glossy and with areas of luster. The strike is bold and no major problems are present, just a single natural flaw in the ring at 9 o'clock, two short parallel pin scratches between the last date digit and cross below, and some hidden slide marks in the sun's rays. Two bold sets of clash marks are seen on both sides. The visual appeal is excellent and the technical quality is superior. The Retz 12-coin census includes coins ranging in grade from AU-55 to VF+. Three AU coins rank atop that census, none of which have been certified, followed by EFs. Neither your cataloger (JK) nor Rob had heard of a Mint State piece (particularly one close to Gem), making your cataloger wonder if the two Mint State coins included on the PCGS Population Report(MS-64 BN and MS-64 RB) are data entry error. The better of the two Boyd-Ford coins, called Choice Very Fine, was not as fine as this one; the duplicate was just VG-Fine. This piece was fresh to the collecting community when we offered it in 2013, being in the Craige estate for more than four decades prior to that auction appearance. It easily qualifies as Condition Census. The Cross After Date obverse was first married to the AMERICAN CONGRESS reverse (Newman 1-CC, fewer than five known). This obverse was then muled with the Raised Rims reverse, Newman's Reverse Z. The 1-Z variety is nearly as great a rarity as 1-CC, with only about 12 specimens known. The other two uses of Newman Obverse 1 are scarce: Newman 1-B, represented here, is considered Rarity-4, while Newman 1-L is considered Rarity-5 but is probably more like R-5+. This variety sees pressure from both Fugio variety specialists and major type collectors as the most "common" of the Obverse Cross After Date Fugios. Though demand is great, the supply of nice coins is extremely slim. Low grade coins with poor surface quality are the rule, and certifiable high grade pieces are extremely rare. Provenance: From our sale of the Ted L. Craige Collection, January 2013 Americana Sale, lot 11558. PCGS Population: 3; 4 finer in all category, just to of which are Mint State (MS-64 BN and MS-64 RB). PCGS# 880. NGC ID: 2B8D. Click here for certification details from PCGS.