Hello everyone. It's simply "Fugio Cent Friday!". Post yours as well..... Here's a coin that I found while metal detecting one year. It's Environmentally Damaged but it's mine. 1 Cent "Fugio Cent" - United States – Numista Varieties of the Fugio Cent : Newman, Eric P. : Free Download, Borrow, and Streaming : Internet Archive
I got a very sad example. Not worth posting here. I only just discovered this last year that these were deemed as federal issues.
I'd like to own a Fugio but I don't, not yet so I'm gonna post the token that was delivered to me yesterday! Made me happy as I've been laying low to get one for quite awhile!
What was the story with that Bank of New York hoard, @johnmilton ? I have seen pieces at auction with that pedigree.
not temu but I got my own nice chinese copy.. Now it was among Pepe's coins and it is a damn good copy, but I'm still 98% positive it's a copy lol it's that 2% that kills me lol
That depends on your definition of "federal" and whether the Confederation Congress qualifies or that the "United States Mint" was established in 1782 or 1792. It seems arbitrary and I don't care much either way, but the way PCGS announced the change seemed rather pompous. https://www.pcgs.com/news/early-american-fugio-cent-reclassified-as-regular-issue
I am giving a presentation at Summer FUN on collecting a year set of cents from 1793 to 2025. I am going to mention the 1787 dated Fugio Cent as “optional.” It was authorized by a U.S. Government, but it was not the U.S. Federal Government. The coin was also not accepted as a cent. After the coins were delivered, they were deemed to be too light to be used as “cents,” and it was thought they would trade as “coppers,” in other words whatever people thought they were worth. They no doubt traded as cents in the late 18th and early 19th centuries, but they were not official coins.
Off the top of my head, here goes with rounded numbers. The Bank of New York, which has a history that dates back to the late 1700s, probably acquired a keg of Fugio Cents which was 5,000 pieces over 225 years ago. Over the years, they distributed them, probably to favored customers and the like. Finally circa 1948, a member of, I believe the ANS, had a chance to review the remaining 1,400 and some odd pieces. He assigned variety numbers to them, which gives us the list of Bank of New York varieties. The hoard was not a random sample. It was part of a production run of specific die pairs, which was probably together from the time the coins were struck. Over time more pieces have been distributed to museums and others. The last time an expert, dealer Anthony Tarranova, examined the hoard, about a decade ago, there were about 750 pieces left.