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What's This Slabbed Corroded Fugio On Ebay Worth?

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edweather's Avatar
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 Posted 08/18/2015  5:25 pm Show Profile   Bookmark this topic Add edweather to your friends list Get a Link to this Message Number of Subscribers
I know next to nothing about these, but have a chance at a few extra ebay bucks. Any help with the variety and value on this is much appreciated.

http://www.ebay.com/itm/1787-FUGIO-...em25ab855d5f

Edited by edweather
08/18/2015 5:43 pm
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CalzoneManiac's Avatar
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 Posted 08/18/2015  6:01 pm  Show Profile   Bookmark this reply Add CalzoneManiac to your friends list Get a Link to this Reply
Apparently this coin was in what NGC would call a "Details" holder.
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CoinHuntingDrew's Avatar
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4932 Posts
 Posted 08/18/2015  6:27 pm  Show Profile   Bookmark this reply Add CoinHuntingDrew to your friends list Get a Link to this Reply
Never seen a yellow labeled old style ANACS holder before.
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edweather's Avatar
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 Posted 08/18/2015  9:25 pm  Show Profile   Bookmark this reply Add edweather to your friends list Get a Link to this Reply
Yeah, the holder is interesting, and some of these details coins can still be worth some good $$. I just don't know enough about them to attribute it and place a value.
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DeodatusAlp2002's Avatar
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 Posted 08/18/2015  9:27 pm  Show Profile   Bookmark this reply Add DeodatusAlp2002 to your friends list Get a Link to this Reply
That holder was used before they moved to CO.
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paralyse's Avatar
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 Posted 08/18/2015  9:57 pm  Show Profile   Bookmark this reply Add paralyse to your friends list Get a Link to this Reply
That's a strong obverse.

"Corrosion", yes. But mostly reverse porosity. Obverse is less porous and presents much nicer.

4 cinquefoils, pointed rays, "STATES UNITED" reverse.

It has quite a bit of die rotation!

It appears to be Newman obverse #12 (U in YOUR lower, E in BUSINESS lower, R in YOUR sits right on top of S in BUSINESS)

Reverse is much more difficult due to the corrosion. However, if you look to the chain ring at about 7:00, you can see the sunburst rays visible in the chain, diagnostic for a Newman M reverse - clashed.

I'll (very roughly and with some doubts) attribute it as a Newman 12-M based only on the ebay pictures, R3 but apparently some (Grellman) say R4.

F details / porous (Obv F+, rev +/- VG, net F)









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"Most of the things worth doing in the world had been declared impossible before they were done." -- Louis D. Brandeis
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westcoin's Avatar
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 Posted 08/19/2015  02:30 am  Show Profile   Bookmark this reply Add westcoin to your friends list Get a Link to this Reply
A tough coin, with nice detail still visible, the photos are quite dark. I'd expect this is either way too cheap for that variety or it will be cracked out and offered for double the selling price pretty soon.
"Buy the Book Before You Buy the Coin" - Aaron R. Feldman - "And read it" - Me 2013!
ANA Life Member #3288 in good standing since 1981, ANS, Early American Coppers Member (EAC), Colonial Coin Collectors Club member (C4), Conder Token Collector Club member (CTCC), Civil War Token Society (CWTS) member, Liberty Seated Collectors Club (LSCC) & Numismatic Bibliomania Society member (NBS), USMex, Member in good standing, 2˘ variety collector.

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Conder101's Avatar
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 Posted 08/19/2015  11:22 am  Show Profile   Bookmark this reply Add Conder101 to your friends list Get a Link to this Reply

Quote:
Apparently this coin was in what NGC would call a "Details" holder.

That coin was put in that holder about 20 years before NGC started producing "Detail" holders. And it was AFTER they moved to CO, in fact it was after ANACS was sold to Amos Press and moved from CO to Ohio. It would have been slabbed around 1991.
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Cascade's Avatar
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 Posted 08/19/2015  11:29 am  Show Profile   Bookmark this reply Add Cascade to your friends list Get a Link to this Reply
Did you get it ed?
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edweather's Avatar
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 Posted 08/19/2015  2:00 pm  Show Profile   Bookmark this reply Add edweather to your friends list Get a Link to this Reply
Thanks for all the replies. And Paralyse, thanks for all the information on the coin. Cascade, no, I had to pass because I just don't know anything about them. Was willing to pay a couple of hundred, but once it got past $250 was too risky for me. If Paralyse would have replied before auction end, I probably would have bought it...he made it sound really good
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paralyse's Avatar
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 Posted 08/19/2015  7:48 pm  Show Profile   Bookmark this reply Add paralyse to your friends list Get a Link to this Reply
I would have bid it at no more than 300 sight seen based on the ebay pics but I could see someone going up around 350. Much more than that encroaches on lower VF coins with better planchets.


Member ANA - EAC - TNA - SSDC - CCT #890

"Most of the things worth doing in the world had been declared impossible before they were done." -- Louis D. Brandeis
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ExoGuy's Avatar
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4416 Posts
 Posted 08/20/2015  06:07 am  Show Profile   Bookmark this reply Add ExoGuy to your friends list Get a Link to this Reply
IMHO, it was a good buy at that price, what with the details visible. I anticipated a closing cost of $300 or so. These are getting increasingly difficult to find at shows. I'll not be surprised to see Fugio Cent values double in the next five or ten years. Regardless, in the $250-$350 range for a Fugio with decent detail, I don't see a down-side.
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