1787 Fugio Cent N1-Z Cross After Date Raised Rims RARE R6+ PCGS FR2

From the Stacks Baltimore Winter Expo auction on 11/14/23, where this coin was lot #2157 and described as: “1787 Fugio Cent. Pointed Rays. Newman 1-Z, W-6610. Rarity-6+. Obverse Cross After Date, No Cinquefoils, Reverse Label with Raised Rims. Fair-2 (PCGS).  Heavily worn, yes, but retaining enough detail to confirm this rare and challenging Newman number. This is easier on the reverse, where all rings are discernible, WE ARE ONE partially legible, and enough of the label clear to see not only the raised rims, but some of the letters in STATES UNITED. The obverse is weaker with the central motifs only partially outlined and little of the peripheral detail remaining, although the 178 in the date are bold, all-important cross discernible with patience, portions of MIND YOUR BUSINESS clear. Originally toned in a blend of autumn and olive-brown, reverse with a few well scattered pits, surfaces with some good gloss and no marks of consequence.”  This is a MONSTER variety and the only Newman 1-Z that I have handled in 25+ years of business.  Sure, it’s low-grade, but that makes it somewhat “affordable”!  If you need this variety for your Registry Set, I suspect it will be hard to find one cheaper . . .