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1787 Fugio Cent B. Franklin MIND YOUR BUSINESS
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<p>[QUOTE="nerarities, post: 1094000, member: 26684"]Hi nightfo0l,</p><p><br /></p><p>It looks like you have a New Haven Fugio Restrike in copper or bronze (hard to tell from the photograph). It is also a later die state than normally encountered showing the die break through the O of FUGIO on the obverse. There were somewhere between 500-800 of these struck in the 1860-1880s for collectors. Interestingly enough, a high percentage of all known examples are in brown to red UNC condition, and finding a lower grade example can be quite difficult. There is a collector value for these pieces as they are collected as an association piece in the Fugio series. </p><p><br /></p><p>Historically these have been called restrikes, but that term is not accurate as there is no genuine Fugio copper known struck with these dies. The make and engraving of the dies suggests 1860s manufacture as well.</p><p><br /></p><p>For a value, it is probably worth a bit more than the $300 you have been offered. In brown UNC they go for $800-$1200 depending on how nice the coin is. I would suggest a value for yours in the $450-650 range, but it could take some time to find the right buyer as again, they are fairly plentiful in the market in UNC condition for a bit more money. </p><p><br /></p><p>Hope this helps![/QUOTE]</p><p><br /></p>
[QUOTE="nerarities, post: 1094000, member: 26684"]Hi nightfo0l, It looks like you have a New Haven Fugio Restrike in copper or bronze (hard to tell from the photograph). It is also a later die state than normally encountered showing the die break through the O of FUGIO on the obverse. There were somewhere between 500-800 of these struck in the 1860-1880s for collectors. Interestingly enough, a high percentage of all known examples are in brown to red UNC condition, and finding a lower grade example can be quite difficult. There is a collector value for these pieces as they are collected as an association piece in the Fugio series. Historically these have been called restrikes, but that term is not accurate as there is no genuine Fugio copper known struck with these dies. The make and engraving of the dies suggests 1860s manufacture as well. For a value, it is probably worth a bit more than the $300 you have been offered. In brown UNC they go for $800-$1200 depending on how nice the coin is. I would suggest a value for yours in the $450-650 range, but it could take some time to find the right buyer as again, they are fairly plentiful in the market in UNC condition for a bit more money. Hope this helps![/QUOTE]
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