1787 Fugio Is It Real?

Absolutely! Do not send it to a stranger. I would hope there would be more than a few reputable dealers in Pittsburgh. You might even consider having a friend go with you just for extra comfort.

Yes, it is Tom Reynolds and I remember when I met him I liked him and felt he was honest, but I only talked to him for a few minutes. So I guess my instincts were right but I still am not comfortable sending it to him until I know what I have. He said he would be interested in buying it and I told him I would let him know before I sold it.

Thanks for the info. I did call a couple of coin shops and found out that not many of then are familiar with colonial coins.

send it to ANACS it maybe worth it

I think I would probably send it to ANACS myself also if I were in your shoes because that way it only goes from you straight to the grading company which will lessen the misinformation you may get from a dealer that doesn't know the series very well or a dealer that may be out for himself and try to scam you out of the coin by telling you its worthless when he in fact knows its not (I am not saying its real I don't know the series enough to feel comfortable saying either way). The only thing you have to worry about with sending it to ANACS is maybe the mail losing the package (which doesn't happen as much as one would believe but it does happen) so insure the package as if it were real (because as of right now thats all you know) and once it gets to ANACS they definately won't switch,or take your coin because they will not ruin their reputation (which is built on trust) that they have built up for so long for a couple thousand dollars. Once its authenticated by ANACS or deemed fake you will know for a fact what you have and once its authenticated the price jumps up quite a bit from a raw coin because so few of these things exist and when people see them they have a hard time getting all the fake coins out of their mind and usually just throw your coin in that category with them so the slab from ANACS would ease anyones mind that its real

From the NGC website for certified dealers in PA

Jim McGuigan
Early US coins (Copper, Silver & Gold)
412-247-4484
N. Versailles, PA

or

Charles Litman Coin Exchange
Foreign , US, Ancients, Medals, Tokens
412-261-9000
coinex@aol.com
http://www.lbp.com/com/pit/coinex
Pittsburgh, PA

If you make the effort of going to the Baltimore show, I flat guarantee that I'll be there, drooling over a chance to hold this coin.

I disagree with those imploring a person who is not necessarily a collector to take it cold calling to a local coin shop. It would probably be a colossal waste of time and gas money. Not to mention all of the handling and potential for mishaps that go on. As a former Pittsburgh resident, I know you could drive from N. Versailles up to Monroeville, downtown, or even down to Washington (PA), and you would find maybe 0.63 people with 1/10th as much experience as they'd need to have to approach the authentication of the coin. And even if one of them said, "yeah, it's real," or "No, I am sorry it's fake," what more would you really know? The advice to send it to ANACS delivers a solid first step for determining if this is genuine, and getting it in plastic--even temporarily--is not a horrible idea. The cost is comparable to and maybe even better than a day of driving around the 'burgh. Second-best would be to send it directly to Tom Reynolds--it's a good enough sign that he wants you to send it to him as far as I'm concerned.

I take it back--Jim McGuigan might be able to help you if he is still in N. Versailles. I thought he had gone to Virginia to work for a new grading service, but he might be working from home for them.