New Fugio For Your Viewing Pleasure

JadeRareCoin

Here's a recent acquisition that I thought you might enjoy. We purchased this coin to fill a customer's want list, so it's already sold and this is not a sales pitch. I was inspired to post this coin after reading This Thread that CCU posted regarding an NGC Fugio that was graded AU-55.

Our coin is 11-X, which is quickly identifiable by the heavy obverse clash marks (see rings near date). It's a low R.4 variety that is known to exist in high grades, thanks to the Bank of New York Hoard of Fugio coppers. The recent Ford sale included 3 examples in Ch. Uncirculated condition. Note that the Ford catalogers where careful not to apply Sheldon numbers to the colonials.

Enjoy:




PS - at the customer's request, this coin is being submitted to PCGS today for grading. Our prediction: MS-63 BN. It was purchased as a Ch. Unc.

airplanenut

Where's the die clash?

kieferscoins

Nice coin! Why did they not include the Sheldon #'s?

Cameron Kiefer

MacCrimmon

That's more like it!!

Nice one....

BigMoose

Nice coin! By the way, is it ex. Norweb??

mgoodm3

Nice coin. Fugios are cool. Don't accost the poor soul about Norweb.

joeyuk

I love the history and beauty of these coins.

GaCoinGuy

Die Clash? That was a Die Crush! Is that a die crack I see at 6:00 on the reverse?



I'm gonna have one of these one day.........not that nice, but I will have one someday.

Shamika

You gotta love a coin that says "Mind Your Business".

JadeRareCoin

Here are responses to some of the posts:

Why did they not include the Sheldon #'s?
Grading of most coins, but especially Colonial copper, is subjective. It's too difficult to pin point a grade on any one coin due to the many variables that were introduced by the primitive minting process in colonial America. It's okay to assign a numerical grade, imo, but understand that it's subjective and some may not agree. It's best to simply narrow the grade down to AU or Ch. Unc, etc. For the early issues, the eye appeal is really what determines the price.

By the way, is it ex. Norweb?


Is that a die crack I see at 6:00 on the reverse?
Yes, it is indeed a die crack, which probably occurred when the dies were heavily clashed (just a guess on my part). You should consider buying a Fugio sooner than later. In the past five years, I have seen the prices rise dramatically. The supply is obviously finite. You can get a really nice VG-F for $200 or so, depending on eye appeal.


You gotta love a coin that says "Mind Your Business".
That saying today in America has a different meaning than it did in 1787 Colonial America. In 1787 "MIND YOUR BUSINESS" meant "PAY ATTENTION TO YOUR AFFAIRS", or something along those lines. The overall theme of the coin is "TIME". Note the sun dial on the obverse. Also, "FUGIO" translated from Latin means "I FLY", a reference to time. Benjamin Franklin (designer of the coin), who was a time junkie, was really saying "Hey fellow Americans, work hard, work smart and don't be lazy because time flies". Kinda like the Pink Floyd song, Time. The reverse design is self explainatory; 13 chains representing 13 colonies, linked together because as "united states", "we are one".

Gotta love it.....

BigGreek

<< <i>You gotta love a coin that says "Mind Your Business". >>



I like that more than "In God We Trust".

relayer

That's a nice looking Fugio.

What is the true color? Is a a dark chocolate or light brown?

Shamika

<< You gotta love a coin that says "Mind Your Business". >>

I like that more than "In God We Trust".


Now there's an idea!

JadeRareCoin

What is the true color? Is a a dark chocolate or light brown?

Relayer, it's light brown.

Shamika, "Mind Your Business" is too long to fit on a Lincoln Penny. How about if we use "Bite Me"

Shamika

How about if we use "Bite Me"

I believe that would do nicely.

ConstellatioCollector

That Fugio belongs in my collection!!!

jasbucks

Interesting post & thx for the lesson!

LAWMAN

What a trip. Look at the eyes of that character on the obverse! Amazing, simply amazing. How many zillion dollars in round numbers are we talking about here -- in case I have a very good year.

Baley

beautiful coin, excellent for type, got to be a coin high on anyone's want list

Goldfinger

That's a great coin and a great lesson. I will also have one of these some day. I hope GaCoinGuy doesn't take mine.

JadeRareCoin

Look at the eyes of that character on the obverse! Amazing, simply amazing. How many zillion dollars in round numbers are we talking about

Lawman, truly uncirculated Fugios will run between $2K and $4K, as a rule, but there are exceptions for higher and lower. The 3 11-X examples in the recent Ford sale sold for $2,400, $5,500 and $7,500. All three were graded "Ch. Unc, RB", although the $7,500 example was dramatically double struck.

I included the close-up to show what a well struck example looks like. You are right, the eyes are well struck. Until you have examined a high-end Fugio, you would not know that the sun actually has a fully featured face, complete with eyes, a nose, protruding forehead and a little smile......

lordmarcovan

Whoa! That's some serious clashin'!

Hmm. Now I've got a song from my high school era stuck in my head.

Gemini

ColonialCoinUnion

For some reason I can't see the image originally posted - instead I'm getting the tiny blue green and red graphics that indicate 'there is a picture here, and everyone else seems to be able to see it (and they really are enjoying it by the way), but you can't'.

Shamika

ROCK THE KAZBAR!!!

dorkkarl

by way of clarification for newbies, i believe you mean "sheldon grade", not "sheldon #". "sheldon #" of course would refer to early large cent varieties.

sensational coin, too bad it's being condemned to plastic.

K S

ConstellatioCollector

CCU,

I'm really enjoying the Pics!!!

CC

Placid

Will it have the Ford pedigree?

JadeRareCoin

sensational coin, too bad it's being condemned to plastic.

Yes, I agree.....too bad that it's getting slabbed, but that's business I guess. If I could afford something like this for my collection, it would be raw forever......like a nudist camp for Fugios.



Will it have the Ford pedigree?

This coin was not part of the Ford sale, but.........yeah, sure, why not?

abuell

Nice BONY hoard Fugio. It gets the abuell seal of approval.

JadeRareCoin

Abuell, thanks for the compliment, but why are you calling my coin bony??

mrearlygold

<< <i>Abuell, thanks for the compliment, but why are you calling my coin bony?? >>

ColonialCoinUnion

Since it took me so long to take this picture, upload it, download it and stick it in here I'm just going to go ahead and post in about 6 different threads and get my money's worth.

JadeRareCoin

CCU, very nice!