fugio 1776 continental coin

Discussion in 'What's it Worth' started by Charles Long, Aug 19, 2014.

  1. Charles Long

    Charles Long New Member

    is this coin real and whats it worth? real or not?
     

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  3. furryfrog02

    furryfrog02 Well-Known Member

    I don't know much about them but something about that one doesn't look right to me.
     
  4. geekpryde

    geekpryde Husband and Father Moderator

    yeah, looks like a fake to me. But wait to get some more opinions.
     
  5. non_cents

    non_cents Well-Known Member

    Definite fake.
     
  6. desertgem

    desertgem Senior Errer Collecktor

  7. Charles Long

    Charles Long New Member

    is it worth anything if it is replica if so how much
     
  8. furryfrog02

    furryfrog02 Well-Known Member

    Well, based on desertgem's link you can buy them in bulk from China for about $1.70 a piece and those seem to be much nicer looking than yours...
     
  9. Charles Long

    Charles Long New Member

    umm that's not the same coin right?
     
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  10. BooksB4Coins

    BooksB4Coins Newbieus Sempiterna

    No, but that doesn't really change his point.
     
  11. kaparthy

    kaparthy Supporter! Supporter

    Right. Those are "Fugio Cents" based on the paper money printed by the firm once owned by Benjamin Franklin and run by his partner, David Hall. (Wikipedia here:http://en.wikipedia.org/wiki/Fugio_Cent and American Philosophical Society link.) Your coin also has the same figures but it is a replica of a dollar coin that never was made. Originally, Congress authorized these as silver dollars. Only copper patterns were made. Then, 100 years later, for the 1876 Centennial of the United States numismatist Montroville Dickeson made all kinds of copies of colonial coins, including these... So it lay... until about 1963 when someone bought Dickeson's dies and made a million (or a billion) more and sold them with a fullpage ad in Coin World. As if that were not bad enough, the Boy Scouts of America were awash with patriotism and they ordered a zillion of their own for their kids.

    It might have ended there...

    But since then, people have used the copies and copies of copies of those machine-struck coins to made molds for casting even more. Yours looks like a cast coin, poured into a mold, made from "pot metal" of tin and/or lead. You can tell by the tiny bubbles that give it a "soapy" appearance.

    Disappointing as that must be, you know, for the price of a very common high-grade Morgan Dollar, like a couple hundred dollars or so, you can own an actual genuine US Colonial Note, even signed by a Signer of the Declaration, Articles, or Constitution; or you can own an actual colonial coin of the time, perhaps from New Jersey. It might not be pocket money (it is not for me, I assure you), but you toss your change in a jar every night and you can buy one in a year.
     
    Last edited: Aug 19, 2014
  12. Tater

    Tater Coin Collector

    Looks fake to me.
     
  13. fretboard

    fretboard Defender of Old Coinage!

    Yep, a casted fake. They sell for 3 for a $1 at the nearest 5 & dime store. th_4.gif
     
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