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Lot 3055

Image Information

Type Coin
Title Lot 3055
Date 1787
Side reverse
Grade 64
Service NGC
Service Catalog # 889
Denomination 1C
Description 1787 1C Fugio Copper "Cent," UNITED STATES, Pointed Rays, Four Cinquefoils MS64 Brown NGC. CAC. Newman 8-B, W-6740, R.3. 160.4 grains. This is the first Bank of New York Hoard variety. A keg of Fugio coppers, estimated at 9,000 pieces, was discovered in a vault at the bank in 1856, and they were slowly dispersed. In 1948, a tally of the remaining 1,641 pieces included 246 examples of this variety. This late die state piece has a wedge-shaped rim break over the first 7, and heavy reverse clash marks. Both sides are fully lustrous bluish-brown, with traces of original mint color. As usual, the impression is imperfectly centered. Ex: Henry Chapman (8/1925); Hillyer Ryder; Eric P. Newman Numismatic Education Society. Realized $3818.75. Description courtesy of Heritage Auctions.

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