||1787 1C Fugio Copper "Cent," UNITED STATES, Pointed Rays, Four Cinquefoils MS66 Red and Brown NGC. Newman 11-B, W-6785, R.4. 145.6 grains. A Bank of New York Hoard variety, the 11-B was represented by 60 examples from the total of 1,641 Fugio coppers inventoried in 1948. This Eric P. Newman piece is one of the finest survivors from the hoard, and it is one of the finest existing Fugios of any variety. NGC and PCGS have certified a total of 14 original Fugios in MS66, including 10 graded MS66 Brown, and four graded MS66 Red and Brown (8/14). There are no finer examples, and neither service has certified a full Red Fugio of any variety other than the New Haven restrikes. This Premium Gem is Die State C/E with heavy clash marks on both sides, especially on the obverse. The surfaces are pristine, retaining about one-third of the original orange mint color, with lovely olive and light blue toning. Ex: Eric P. Newman Numismatic Education Society.
Realized $15275.00. Description courtesy of Heritage Auctions.