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1787 Fugio Cent Opinion

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LondonCoin's Avatar
Canada
149 Posts
 Posted 10/12/2022  12:21 pm Show Profile   Bookmark this topic Add LondonCoin to your friends list Get a Link to this Message Number of Subscribers
Hello,

What do you think of this coin?

Weight is 9.75 grams.

Thanks, Tom
1787-Fugio-Cent-Opinion 1787-Fugio-Cent-Opinion 1787-Fugio-Cent-Opinion 1787-Fugio-Cent-Opinion
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MisterT's Avatar
United States
2003 Posts
 Posted 10/12/2022  1:02 pm  Show Profile   Bookmark this reply Add MisterT to your friends list Get a Link to this Reply
I can't tell from the small pictures but the condition looks too good to be true.
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United States
480 Posts
 Posted 10/12/2022  1:35 pm  Show Profile   Bookmark this reply Add Jerry Picker to your friends list Get a Link to this Reply
Looks like a copy/counterfeit.
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Coinfrog's Avatar
United States
94367 Posts
 Posted 10/12/2022  1:55 pm  Show Profile   Bookmark this reply Add Coinfrog to your friends list Get a Link to this Reply
That's my guess as well.
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jacrispies's Avatar
United States
3848 Posts
 Posted 10/12/2022  4:43 pm  Show Profile   Bookmark this reply Add jacrispies to your friends list Get a Link to this Reply
You all think it is counterfeit because it is in good condition? That isn't the best way to determine authenticity. The color, wear, surface quality seem to be accurate of a coin this type in my opinion.
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JimmyD's Avatar
Canada
21607 Posts
 Posted 10/12/2022  5:07 pm  Show Profile   Bookmark this reply Add JimmyD to your friends list Get a Link to this Reply
I think I will leave this one to the experts.
PCGS recognizes about 15 different varieties
and I read that there is a catalogue with 57 varieties.
Way beyond my expertise on this one.
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LondonCoin's Avatar
Canada
149 Posts
 Posted 10/12/2022  5:36 pm  Show Profile   Bookmark this reply Add LondonCoin to your friends list Get a Link to this Reply
I'm like 50-50 on this one that's why I posted it. If you want better photos I can email them to you.
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United States
480 Posts
 Posted 10/12/2022  5:38 pm  Show Profile   Bookmark this reply Add Jerry Picker to your friends list Get a Link to this Reply
A. Where was it bought?
B. If it is OP's coin, how much was paid for it?
C. If it isn't OP's coin, whose is it?
D. Why is a coin in this condition not slabbed?

Until these questions are answered, I will stick to it being counterfeit.
Edited by Jerry Picker
10/12/2022 5:42 pm
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BH1964's Avatar
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10982 Posts
 Posted 10/12/2022  5:48 pm  Show Profile   Check BH1964's eBay Listings Bookmark this reply Add BH1964 to your friends list Get a Link to this Reply
If genuine it has tremendous detail remaining. The color looks suspect but that could just be the images.

As questioned above, what provenance information do you have?
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LondonCoin's Avatar
Canada
149 Posts
 Posted 10/12/2022  8:02 pm  Show Profile   Bookmark this reply Add LondonCoin to your friends list Get a Link to this Reply
It was in a collection that had US gold, ancients, and other really good coins. Everything was raw. That being said the customer bought coins in a lot of different shops for over the last 50 years. So we really don't know where this one came from. I will send it to PCGS if I need to but just wanted to see if I can figure out for 100% that it's real before I do.
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westcoin's Avatar
United States
9792 Posts
 Posted 10/12/2022  9:04 pm  Show Profile   Bookmark this reply Add westcoin to your friends list Get a Link to this Reply
Best match up I come up with is a 12-M variety. This is a more common variety Heritage shows 14 previous ones sold you can compare to their photos as well. More circulated coin photos than the PCGS Coin Facts:

https://www.PCGS.com/coinfacts/coin...-cinq-bn/883

It looks okay to me but we really need much better photos than these, more resolution and larger straight on photos of both Obverse and Reverse to really tell more.


Quote:
Why is a coin in this condition not slabbed?

Most of the higher graded Fugios I've looked at in collections are not slabbed, I'd say most colonial collectors abhor slabs, at least they used to, it changes mainly due to more auctions going online only and the auction houses only want slabbed coins to sell. The best collection I saw in hand was Pierre Fricke's set of over 50 varieties at the 2015 EAC convention, all were raw and many were finest known. He sold them through a Stacks/Bowers sale in 2021 and all were slabbed again by PCGS for the sale.

You can see the catalog here:
https://nnp.wustl.edu/library/aucti...ionId=537502 an amazing set to say the least.
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Edited by westcoin
10/12/2022 10:06 pm
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Oldgrouchyguy's Avatar
United States
632 Posts
 Posted 10/13/2022  01:11 am  Show Profile   Bookmark this reply Add Oldgrouchyguy to your friends list Get a Link to this Reply
The FUGIO was the first Federal coin; the contract was handled by people who struck many of the Connecticut colonial coins. Used to see them all the time like this in the '80s
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SpeedDemonND's Avatar
United States
357 Posts
 Posted 10/13/2022  03:35 am  Show Profile   Bookmark this reply Add SpeedDemonND to your friends list Get a Link to this Reply
If it's real, congrats on a great coin!
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United States
1657 Posts
 Posted 10/13/2022  04:47 am  Show Profile   Bookmark this reply Add lcutler to your friends list Get a Link to this Reply
I don't have the time to go into it too deeply but see no red flags at all. The grade is not at all unusual, there are many higher grade examples than this one due to the Bank of New York keg. Nice circulated example.
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Slerk's Avatar
Russian Federation
1557 Posts
 Posted 10/13/2022  06:26 am  Show Profile   Bookmark this reply Add Slerk to your friends list Get a Link to this Reply
I would like to see some more photos in more natural light. But so far I don't see anything suspicious.
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LondonCoin's Avatar
Canada
149 Posts
 Posted 10/13/2022  10:28 am  Show Profile   Bookmark this reply Add LondonCoin to your friends list Get a Link to this Reply
More pictures added

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