My coworker brought in a Fugio cent!

kiyote

I’ve only seen cheap museum copies for sale for five bucks so seeing this in person was pretty amazing! This is as good as a picture I could take while my hands were slightly shaky from excitement

SimonW

WOW! they don’t come that nice very often.

I have two lowly examples, great pieces of history, but a joke in comparison to that one.

TheGoonies1985

Very cool!!!

johnny9434

Nice, i like 👍

vplite99

Great example! I would be excited too.

Walkerfan

Nice example. I remember when ones like that and in that condition were somewhat affordable. They have gotten much pricier in recent years.

OAKSTAR

Wow!! Nice! That's gotta be right up there with the Top Pops!!

Bochiman

@Walkerfan said:
Nice example. I remember when ones like that and in that condition were somewhat affordable. They have gotten much pricier in recent years.

What do you consider "affordable"?
I bought a lesser example about 15 years ago. I think this one would have been out of my range even back then...
(maybe I could have afforded it back in 1787 or 1788 though)

Walkerfan

@Bochiman said:

@Walkerfan said:
Nice example. I remember when ones like that and in that condition were somewhat affordable. They have gotten much pricier in recent years.

What do you consider "affordable"?
I bought a lesser example about 15 years ago. I think this one would have been out of my range even back then...
(maybe I could have afforded it back in 1787 or 1788 though)

This one is a gem, so you’re right, they’re a bit more pricey. But, 15 to 20 years ago they (65s) were still about half of what they are now. They have appreciated a lot. I used to look more at 63s and 64s. They too have doubled. If I’m gonna spend more (today’s prices); It will be on something for my core collection and not for something more esoteric (to me) as a Fugio cent.

johnny010

Ok cool but what’s the significance of hiding the certification number?

coinbuf

A wow coin for sure, thanks for sharing.

@johnny010 said:
Ok cool but what’s the significance of hiding the certification number?

Two reasons, first if the owner has it in a registry set someone might look up the cert and try to contact the seller pestering to sell, or worse attempt to use it in a registry set if the coin is not currently in a private inventory or set. And second to keep the cert number away from the counterfeiters, if you have read the many threads by member burfle23 counterfeiters often use a valid cert to try and pass off the counterfeits.

124Spider

Beautiful! A Fugio cent is on my very short list of coins I am circling to buy someday; that's a beauty!

kiyote

@coinbuf said:
A wow coin for sure, thanks for sharing.

@johnny010 said:
Ok cool but what’s the significance of hiding the certification number?

Two reasons, first if the owner has it in a registry set someone might look up the cert and try to contact the seller pestering to sell, or worse attempt to use it in a registry set if the coin is not currently in a private inventory or set. And second to keep the cert number away from the counterfeiters, if you have read the many threads by member burfle23 counterfeiters often use a valid cert to try and pass off the counterfeits.

Both great reasons I hadn’t even considered! Mostly, I was thinking of privacy but that’s a long the same lines

Barberian

@Walkerfan said:

@Bochiman said:

@Walkerfan said:
Nice example. I remember when ones like that and in that condition were somewhat affordable. They have gotten much pricier in recent years.

What do you consider "affordable"?
I bought a lesser example about 15 years ago. I think this one would have been out of my range even back then...
(maybe I could have afforded it back in 1787 or 1788 though)

This one is a gem, so you’re right, they’re a bit more pricey. But, 15 to 20 years ago they (65s) were still about half of what they are now. They have appreciated a lot. I used to look more at 63s and 64s. They too have doubled. If I’m gonna spend more (today’s prices); It will be on something for my core collection and not for something more esoteric (to me) as a Fugio cent.

That's an amazing coin!

Doubling over the past 20 years, however, is really not that much appreciation though (roughly 3.5% appreciation per year) relative to other coins over that time period. Their prices seem to me to be more driven by inflation rather than greater collecting pressure. For comparison, just about every Seated Liberty half I bought 15 years ago has easily doubled in price. Some like the 1864, 1865, 1839 ND, 1839 WD, 1840-(O), 1876-CC, and many others have quadrupled in value over the last 17 years. Fugios sure beat most classic commemoratives and Walker short sets though as if they were standing still or declining...which actually has been the case with those series from my experience.

1876-CC XF40 for $170 raw of eBay in 2007. It lists at $850 in Coin Prices and usually sells for over $600 today.

1839 No Drapery was $850 in 2006, $3750 today - I wish I had a nice one to show but I missed the boat on this skyrocketing coin. Even this crappy coin has doubled in value since I purchased it a few years ago.

tcollects

any Fugio is respectable imho, but that's gotta be the fugliest 65RB in existence, EAC net VG10