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Fugio Cent

Hello, anyone well versed with the Fugio cent. Specifically this one? How does it look. Is it damaged? They are so old, hard to tell.

Comments

  • yosclimberyosclimber Posts: 4,545 ✭✭✭✭✭

    Those dark lines might be scratches, but they could also be debris within the holder.
    Take a look with a magnifier if you have it in hand.
    Otherwise it has more detail than many Fugio cents.

  • Apollo_23Apollo_23 Posts: 126 ✭✭✭

    @yosclimber said:
    Those dark lines might be scratches, but they could also be debris within the holder.
    Take a look with a magnifier if you have it in hand.
    Otherwise it has more detail than many Fugio cents.

    I do not have it. Interested in it.

  • Apollo_23Apollo_23 Posts: 126 ✭✭✭

    @yosclimber said:
    Those dark lines might be scratches, but they could also be debris within the holder.
    Take a look with a magnifier if you have it in hand.
    Otherwise it has more detail than many Fugio cents.

    I have seen Fugios with those scratches or cracks get a straight grade. Maybe it's just due to age. Who knows.

  • Apollo_23Apollo_23 Posts: 126 ✭✭✭

    It sold for $640.00. Just had too many questions. I am sure it is worth that though.

  • OAKSTAROAKSTAR Posts: 5,493 ✭✭✭✭✭

    It's much better then this one.

    Disclaimer: I'm not a dealer, trader, grader, investor or professional numismatist. I'm just a hobbyist. (To protect me but mostly you! 🤣 )

  • Apollo_23Apollo_23 Posts: 126 ✭✭✭

    @OAKSTAR said:
    It's much better then this one.

    Yes it had very nice detail for its age. I have just started looking at these so I will do some more research but I have a feeling that buyer at $640.00 did well for themselves.

  • OAKSTAROAKSTAR Posts: 5,493 ✭✭✭✭✭

    Here's a nice one.

    Disclaimer: I'm not a dealer, trader, grader, investor or professional numismatist. I'm just a hobbyist. (To protect me but mostly you! 🤣 )

  • JimWJimW Posts: 539 ✭✭✭✭

    The OP coin looks like it might have environmental damage, which is not uncommon for this issue.

    Successful BST Transactions: erwindoc, VTchaser, moursund, robkool, RelicKING, Herb_T

  • jedmjedm Posts: 2,916 ✭✭✭✭✭

    For comparison purposes, here's one's graded VG08 by NGC and I picked it up here on the BST about 7 years ago, for just under $400. Sorry I don't have a pic of the reverse.

  • TimNHTimNH Posts: 109 ✭✭✭

    @OAKSTAR said:
    Here's a nice one.

    That's a 'restrike', and not even a real restrike at all, but more just a fake, 1850s. Whole different bird.

  • OAKSTAROAKSTAR Posts: 5,493 ✭✭✭✭✭

    @TimNH said:

    @OAKSTAR said:
    Here's a nice one.

    That's a 'restrike', and not even a real restrike at all, but more just a fake, 1850s. Whole different bird.

    I know. Like I said, it's nice.

    Disclaimer: I'm not a dealer, trader, grader, investor or professional numismatist. I'm just a hobbyist. (To protect me but mostly you! 🤣 )

  • morgandollar1878morgandollar1878 Posts: 4,004 ✭✭✭✭✭

    There might be a little environmental damage on your Fugio, but It looks to me that most of the issues you have on yours are planchet defects. Planchet defects on colonial copper is very common. The planchet making process back then was pretty crude, and the overall minting process was very different back then.

    Instagram: nomad_numismatics
  • lcutlerlcutler Posts: 490 ✭✭✭✭

    I agree with planchet defects. $640 seems high, but the price on these has really gone up since they were declared regular issue US coins. This one is also a club ray variety which usually go for a bit more than the common pointed ray varieties.

  • sellitstoresellitstore Posts: 2,368 ✭✭✭✭✭

    Yes, $640 isn't really out of line for that coin. Fugio cents are notorious for poor planchets, defects and damage. The $640 coin is actually a fairly nice, evenly struck example. The 19th century Bank of New York hoard provided a nice supply of uncirculated coins but others circulated heavily and higher circulated grades are rare and rarer still problem-free.

    Collector and dealer in obsolete currency. Always buying all obsolete bank notes and scrip.
  • CoinRaritiesOnlineCoinRaritiesOnline Posts: 3,635 ✭✭✭✭

    I see the OP coin as a no grade for environmental damage. $640 seems like a lot to me.

    It's a Club Rays, Newman 4-E, by the way.

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