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1787 Fugio 1c 4 Cinquefoils, STATES UNITED, Newman 20-R MS BN

1787 Fugio 1c 4 Cinquefoils, STATES UNITED, Newman 20-R MS BN

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Greysheet Catalog Details (GSID: 330045)
The first coins issued under U.S. authority for which contract information is known today were the Fugio pieces, which were valued at one cent each. They were made under contract with James Jarvis, owner of a controlling interest in the Connecticut 83 federal issues CONTRACT ISSUES and PATTERNS mint, which was then striking Connecticut coppers in New Haven. Jarvis obtained the federal contract with a $10,000 bribe to Col. William Duer, then head of the Board of Treasury.

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Catalog Detail

GSID: 330045
Coin Date: 1787
Denomination: Fugio 1c / Fugio Cent
Designation: MS
Coinage Type: Fugio cent
Coinage Years: 1787
Composition: Copper
Variety: 4 Cinquefoils, STATES UNITED
Variety 2: Newman 20-R
Strike Type: Business
Coin Shape: Subscribe
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