The Fugio Cent of 1787: Introduction
The influx of counterfeit and lightweight coppers in circulation was a serious problem that hurt both laborers and small business and kept the economy from growing.
Fugio cents These 1787-dated one-cent coins are considered by some to be the first regular issue United States coin. Authorized by the Continental Congress, this would seem to be a logical conclusion.
Fugio cents: copper coins struck in 1787 by private minters under contract with the U.S. government. Many of the design elements are credited to Benjamin Franklin.
Fugio cents - 1787 one-cent coins that are considered by some to be the first regular issue U. S. coin. Since they were authorized by the Continental Congress, this would seem to be a logical assumption.
Fugio Cent - The first coin issued by authority of the United States, produced by contractors in 1787.
Grade/Grading - One of several terms summarizing the overall condition of a coin or other numismatic item.
Fugio cents dated 1787 were produced by a contract awarded by the United States government and are considered by many to be the first official United States coins, although they were produced privately.
FUGIO CENT
FUGIO, This is the earliest for circulation US coin, minted under contract of the Confederation government to James Jarvis. "States United" type with cinquefoils, pointed rays, close date.
Fugio Cent
The first coin authorized by the United States, produced by private contractors in 1787.
Full Strike ...
First used on Continental dollars and Fugio cents, they were also used on some 1853-dated quarters and half dollars as well as 1866 and some 1867 five-cent coins. RB Short for red and brown or Red-Brown. RD Short for Red.
Undated Fugio Cent - Newman 101-AA in Copper
1797 Half Eagle - 15 Obverse Stars, Normal Date, Heraldic Eagle Reverse
1866 Pattern 5 Cents - Judd 487
1788 Vermont Copper - Ryder 30
1999 Delaware Quarter Struck on an Experimental Planchet ...
Perhaps the most historically significant of the pre-federal United States coins are the Fugio Cents, which take their name from the Latin word fugio (I fly) appearing on their obverse.
Term for the lines that represent sun rays on coins. First used on Continental dollars and Fugio cents, they were also used on some 1853-dated quarters and half dollars as well as 1866 and some 1867 five-cent coins.
Red ...
1776 Continential Currency Coinage and Varieties of the Fugio Cent by Eric Newman
soft cover 6x9, 20pps
On sale! $25.95 Available Add to cart View ...
" The famous Fugio cents of 1787, featuring "Mind Your Business" and "We Are One," were the only ones to bear his handiwork.
" On the reverse of these cents is a chain with 13 links. The legend on the reverse says, "We are one." All of these mottos are attributed to Benjamin Franklin and collectors call these "Fugio cents" or "Franklin cents." ...
This same device had previously been used on Continental Currency to signify the common, shared cause of the 13 rebellious colonies. It had more recently been seen on the widely circulated Fugio cents of 1787, ...
the surface of a coin resulting from the outward flow of metal during striking fiat money Money that is not backed by specie and is legal tender by decree fractional currency Paper money with a face value of less than one dollar fugio ...
the Eight Reales was used throughout the colonies.
Ancient coins include those from states like New Jersey, Connecticut, and Vermont, who all made their own coins.
Congress promoted coins as well, including the Continental Dollar and Fugio Cent.
 See also: Copper, Struck, Revers, Reverse, Numismatic
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