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1787 Fugio Cent -- Thoughts?

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WheatBack's Avatar
United States
2850 Posts
 Posted 08/17/2016  2:26 pm Show Profile   Bookmark this topic Add WheatBack to your friends list Get a Link to this Message Number of Subscribers
Bought this coin from my LCS and it was a shot in the dark purchase for what I thought was cheap. These are not my expertise at all and the only reason I bought it was because it was more of a curiosity to me.

Thoughts on if it's genuine, value, and variety?

Any help would be great.

1787-Fugio-Cent----Thoughts?
1787-Fugio-Cent----Thoughts?
1787-Fugio-Cent----Thoughts?
1787-Fugio-Cent----Thoughts?
1787-Fugio-Cent----Thoughts?
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Andrew99's Avatar
United States
1533 Posts
 Posted 08/17/2016  3:14 pm  Show Profile   Bookmark this reply Add Andrew99 to your friends list Get a Link to this Reply
Looks genuine from here. Maybe $600?
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bpoc1's Avatar
United States
4078 Posts
 Posted 08/17/2016  3:59 pm  Show Profile   Bookmark this reply Add bpoc1 to your friends list Get a Link to this Reply
This is not my foray. Still a great looking coin.
With the first photo should you be showing the previous owner and ANA # ?
This is one for Dave, Vermontensium to look at.
Edited by bpoc1
08/17/2016 4:07 pm
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Coinfrog's Avatar
United States
94367 Posts
 Posted 08/17/2016  4:54 pm  Show Profile   Bookmark this reply Add Coinfrog to your friends list Get a Link to this Reply
Nice one - not my field, but always enjoy looking!
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Saruma's Avatar
United States
968 Posts
 Posted 08/17/2016  5:45 pm  Show Profile   Bookmark this reply Add Saruma to your friends list Get a Link to this Reply
Nice! I'm not really into colonials, maybe because trying to do them in any serious way becomes hugely expensive really fast, but a Fugio cent is a must have for me at some point. For whatever reason I've always thought of it as Americas first true coin (even if arguments to the contrary could be made). Plus, I've always thought the motto on that coin came off as though it was telling people off, even though it is meant to be taken literally.
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ExoGuy's Avatar
United States
4415 Posts
 Posted 08/17/2016  5:48 pm  Show Profile   Bookmark this reply Add ExoGuy to your friends list Get a Link to this Reply
That's a good lookin' Fugio, WheatBack! IMHO F-15, possibly cleaned as it has a shiny look. It nevertheless has a pleasing, chocolate color, along with decent surfaces and a respectable planchet lamination. Unless it's a better variety, I'd estimate its worth in the $400 range (based on pieces I've seen selling at shows - not book value).

As I've had mixed success attributing these, you might well post your pics on this popular Fugio thread ... https://goccf.com/t/253600

P.S. - Be sure to keep that old envelope with it. To many a collector of these early coppers, provenance is important.
Edited by ExoGuy
08/17/2016 6:09 pm
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Pistareen's Avatar
United States
309 Posts
 Posted 08/17/2016  5:54 pm  Show Profile   Bookmark this reply Add Pistareen to your friends list Get a Link to this Reply
This appears to be a genuine 1787 Fugio, of the variety Newman 15-Y, with eight pointed stars in recess on the label on the reverse. It is rated rarity URS-10 (fewer than 500 known) and retails per Whitman for $700 in Very Good condition. Yours is a nice original coin with old flip providing some indication that it has been out of the collector market for decades. This is a singular type that uses the eight pointed stars in recess on the reverse. No other known die combination has them. Nice!
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GR58's Avatar
United States
11951 Posts
 Posted 08/17/2016  7:05 pm  Show Profile   Bookmark this reply Add GR58 to your friends list Get a Link to this Reply
Looks good to me ...

I like it
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edweather's Avatar
United States
7375 Posts
 Posted 08/17/2016  7:22 pm  Show Profile   Bookmark this reply Add edweather to your friends list Get a Link to this Reply
I really like it! $3.75 purchase price on the envelope? The envelope almost looks as old as the coin
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cipster's Avatar
United States
2362 Posts
 Posted 08/17/2016  7:31 pm  Show Profile   Bookmark this reply Add cipster to your friends list Get a Link to this Reply
Very nice Fugio - I just love them. I have a few and have always asked Vermontensium (Dave) for assistance before purchasing.
Member ANA and EAC

"You got to lose to know how to win".
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Edited by cipster
08/18/2016 12:43 pm
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BH1964's Avatar
United States
10982 Posts
 Posted 08/17/2016  9:41 pm  Show Profile   Check BH1964's eBay Listings Bookmark this reply Add BH1964 to your friends list Get a Link to this Reply
Nothing jumps out screaming fake to me. The flip insert is curious though. The ANA member # indicates it's no more than 60 years ago or so but the price seems way too low for the 1950s? Anybody an ANA history buff who might know when #11838 was created?
ANA #R3154474
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coinlover1899's Avatar
United States
3058 Posts
 Posted 08/17/2016  9:57 pm  Show Profile   Bookmark this reply Add coinlover1899 to your friends list Get a Link to this Reply
Did you pay $3.75?
That would be awesome!
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United States
3156 Posts
 Posted 08/17/2016  11:33 pm  Show Profile   Bookmark this reply Add jerryc39 to your friends list Get a Link to this Reply
nice looking coin!
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paralyse's Avatar
United States
12057 Posts
 Posted 08/18/2016  01:22 am  Show Profile   Bookmark this reply Add paralyse to your friends list Get a Link to this Reply
Beautiful Fugio. The envelope is worth as much as the coin, historically speaking!
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
United States
4415 Posts
 Posted 08/18/2016  08:14 am  Show Profile   Bookmark this reply Add ExoGuy to your friends list Get a Link to this Reply
Here's a comparable Fugio, a VG+ and perhaps the same variety as the OP's coin, that has a BIN of $389. It has a few, small pits that may be planchet imperfections.

http://www.ebay.com/itm/1787-Fugio-...AOSwRoxXn7V9
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jerseyben's Avatar
United States
1211 Posts
 Posted 08/18/2016  12:45 pm  Show Profile   Bookmark this reply Add jerseyben to your friends list Get a Link to this Reply
How much did you pay for this coin?
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