Rarity: Very Rare

Variety equivalents:
Kessler 10-T, Breen 1312

Notes:
The obverse die of this variety was also used later on:
Newman 10-G 
Newman 10-OO

The 1 of the date was first punched into the die sideways, then corrected.  The early state of the obverse is perfect and shows none of the clashmarks that appear later.

The reverse die of this variety was also used on:
Newman 7-T 
Newman 9-T

Images courtesy of Early American History Auctions

Recent appearances:
(illustrated above).  New York collection (TT).  The Breen plate coin.

"Extremely Fine or so".  Ex - John M. Richardson in trade on November 21, 1926 - Hillyer Ryder - F.C.C. Boyd estate - John J. Ford, Jr. - Stack's "John J. Ford, Jr. Collection", October 12, 2003, Lot 262, sold for $3,737.50

"VF-25".  Ex - Early American History Auctions, Inc. Mail Bid Sale, April 20, 2002, Lot 984, where it was described (in part) as follows: "Light olive-brown in color with reasonably smooth surfaces for the grade. The 1 of the date is well struck and the underlying, horizontal 1 is readily visible, even to the naked eye. The upper right reverse shows a fairly large (but shallow) mark that mimics a natural planchet flaw..."

Sources and/or recommended reading:
"Walter Breen's Complete Encyclopedia of U.S. and Colonial Coins" by Walter Breen (purchase a copy by clicking on the title)

"The Fugio Cents" by Alan Kessler (out-of-print)