Message:

<p>[QUOTE=&quot;johnmilton, post: 7439297, member: 101855&quot;]Planchet defects are no unusual for Fugio cents. These coins were made on the fly because the people who were involved in making them were not totally on the up and up. Abel Buel who cut the dies had once been branded and had his ear clipped for raising the value of a colonial note, which was a form of counterfeiting. </p><p><br /></p><p>Having said that, the planchet defect does lower the value a little, but not a lot on a piece like this. The 2021 Red Book says that most common varieties in Good condition are worth $225, retail. I think that you might get this piece for a little less than $200 given the environmental issues. </p><p><br /></p><p>Here are the two coins in my collection. This is the Club Rays variety. </p><p><br /></p><p>[ATTACH=full]1290835[/ATTACH] [ATTACH=full]1290836[/ATTACH] </p><p><br /></p><p>And here one of the Bank of New York hoard pieces. Believe it on not, Fugio Cents are relatively common in Mint State because of a hoard of pieces that the Bank of New York had until the late 1940s. That&#039;s not to say that they are cheap, however. This one cost me a little over $3,000.</p><p><br /></p><p>[ATTACH=full]1290837[/ATTACH] [ATTACH=full]1290838[/ATTACH] </p><p><br /></p><p>&nbsp;These coins were struck on a drop press. The hammer die is raised and then dropped on the anvil dies with gravity providing the force to strike the coin. If you want to see a drop press in action, check out the Universal Islands of adventure Atlantis area. As you are walking toward the Harry Potter area, it&#039;s on one of the side streets on the right.[/QUOTE]</p><p><br /></p>

Your name or email address:

Do you already have an account?

• No, create an account now.
• Yes, my password is:
• Forgot your password?

Stay logged in