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<p>[QUOTE=&quot;BostonCoins, post: 2652794, member: 34720&quot;]Thanks [USER=66]@Conder101[/USER] . You&#039;re technically correct by bringing up the Fugio Cent. </p><p><br /></p><p>When putting together my post, I considered the Fugio cent as the birth of US numismatics. Technically speaking, it is the first &#039;official&#039; copper coin minted with authorization of the newly formed United States.</p><p><br /></p><p>As I researched the history of the Fugio cent, I came to realize that this coin was made under different circumstances. The coins I wrote about were all being done in order to establish and produce American money. The Fugio coins were not necessarily meant to advertise the United States, rather, they were being produced to solve a problem of counterfeit and underweight foreign coins that were circulating at the time.</p><p><br /></p><p>The story of the Fugio is quite sad really. The owner of the company that produced the coins, his father in law who worked the coin press and the die maker all ended up fleeing to Europe when they were unable to produce the number of coins as promised in the contract. Congress ended up cancelling the contract and sold at least a barrel (if not more) of these coins to a banker in New York. Shortly there after, the price of copper plunged, eventually leading to that banker going to debtors prison.</p><p><br /></p><p>So, in the end, I looked at this coin as not a true &#039;mint&#039; type of coin, and where the contract was cancelled, I guess I considered the Fugio more in line with our early Colonial type coins (such as the state produced coins).</p><p><br /></p><p>That&#039;s just on person&#039;s opinion though.[/QUOTE]</p><p><br /></p>

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