||1787 1C Fugio "Cent" (c. 1860), New Haven Restrike, Silver, Stars in Rings Reverse AU53 NGC. CAC. Newman 103-EE, W-17550, R.8. Ex: "Col." E.H.R. Green. 164.4 grains. The reverse of this important variety has five-pointed stars within each of the 13 rings. The obverse has a crack from the border to the left side of the first 7, and another between the S and I of BUSINESS. These pieces are part of the New Haven Restrike series believed to have been produced by the Scoville Manufacturing Company for Horatio N. Rust. This variety was struck in copper and silver, and the silver examples are extremely rare. Although two silver examples are plated in the 2008 Newman book, and Walter Breen recorded three in his Complete Encyclopedia, this variety is rated URS-1 (unique). Plated in the 2008 Newman reference, this attractive AU example has pewter-gray surfaces with traces of champagne on the obverse and steel-blue on the reverse. Ex: "Colonel" E.H.R. Green; Green Estate; Partnership of Eric P. Newman / B.G. Johnson d.b.a. St. Louis Stamp & Coin Co.; Eric P. Newman @ $1,000.00; Eric P. Newman Numismatic Education Society.
Realized $41125.00. Description courtesy of Heritage Auctions.