1787 Fugio 1C Cross after Date Raised Rims, BN MS(PCGS#877)

The August 2013 Chicago ANA World's Fair of Money

拍卖行

Stack's Bowers

批号

1333

等级

F15

价格

129,683

详细说明

Important 1787 Fugio Newman 1-Z Rarity The Ford Specimen 1787 Fugio Copper. Pointed Rays. Newman 1-Z, W-6610. Rarity-7. Obverse Cross After Date, No Cinquefoils, Reverse Label with Raised Rims. Fine-15 (PCGS). 152.5 grains. An impressive example of this rarity, far more choice than either the Retz or Craige coins, though both of those were sharper. The descriptions for this piece and the other Boyd-Ford 1-Z were switched in the catalogue, but this piece was described (in the listing for the previous lot, Lot 233) as "both sides of this important specimen are toned in a nice, olive brown shade. The surfaces are lightly granular, but not disturbingly so. They are free from serious flaws or other detriments, and the piece is remarkably well preserved, showing no signs of accidental damage or careless handling. The obverse was struck slightly off center, to the lower left, and M in MIND and B in BUSINESS are off the flan. The reverse, by contrast, was much better centered, being slightly off to the lower right. Many of the numerals in the sundial are legible, the sun face is still bold, its rays are soft at the tops but separated at their tips, and the all important reverse legend with its raised bands on the label is completely legible." Among the known specimens, perhaps a dozen in number, few are choice. The Retz coin showed granularity and pitting, while the Craige piece was quite dark and granular. Norweb's appears to still be the finest known; it’s beautiful and plated in the recent Newman work. The Miller-Garrett-Hancock coin is a little sharper than this one, but not much. The Kessler-Spangenberger coin is sharper, in the VF-EF range, but not as pleasing as this one. The Retz census lists one each in AU and EF (led by the Norweb coin), two in VF, and a single Fine. There are very few 1-Zs to choose from for an advanced Fugio collector, and fewer still are attractive. This example should reach a level that most collectors would find stunning for a Fine Fugio. PCGS# 877. Provenance: From the Robert Ayers Collection. Earlier ex: F.C.C. Boyd Estate; and from our (Stack's) sale of the John J. Ford, Jr. Collection, Part I, October 2003, lot 234. Lot tag included.