69,000 Likes Celebration-Also An Error

I took the best photos I could be the only way to show the true coin was to take from an angle. The color is true as is the detached lamination, both of them.
This is a Fugio Copper, the first coins minted under US authority. The value of them is One Cent. Minted under contract with James Jarvis, who had a controlling interest in the Connecticut Mint. The Connecticut Mint was producing Connecticut Coppers in New Haven at the time.
As the story goes, Jarvis obtained the contract by giving a $10,000 bribe to Col. William Duer, who was st the time the head of the Board of Treasury. Jarvis was to deliver 345 tons of copper coins to the federal government. Congress was not aware of the bribe.
On July 7, 1787 Congress directed the Board of Treasury to direct the contractor to stamp in one side of each piece in a small circle in the middle with the words “United States” around it. In the center of the circle the words “We Are One” were to be present.
On the other side was to be a sundial with the hours expressed on the face. A meridian sun above the sundial with the word “Fugio” to one side. Fugio means I fly in Latin which represents Time Flies. Benjamin Franklin is attributed to this addition as well as the Mind Your Business statement. The year, 1787, was to be in the other sun of the meridian sun. Below the sundial was to be the words “Mind Your Business”.
Jarvis only minted 11,910 pounds of Fugio Coppers or about 554,741 coins. And not all of them were shipped to the government. That cancelled the contract for failure to meet the delivery schedule.
All Fugios were minted in 1788 and back-dated to 1787. The dies were made by Abel Buell.
The chain represents the 13 original colonies and they are linked together in unison. Chain cents were not minted until 1793 and are considered the first Large Cent to circle in the United States.
Please note the small detached lamination at 11 o’clock to the the sun. There is a large lamination under the 78 in the date. It’s nice for me to add this coin to my collection and the errors make it even better, as does the condition of the coin.

 

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Not paying any mind to the [apparent] chunk missing at 3:00 off-center? That's a coin that I dream of owning, but I'm particular on stuff like that and my budget can't afford my preferences sometimes. Nice details on this one, and some nice lams, to!

 

Thank you. Anytime I need or desire an expensive coin I stop buying everything that I can, not just coins but food and other expenses as well. I save up and then when I’m close to what it should cost, I start looking. Sometimes I have money left over and other times it goes on my charge card and by the ending the cycle I’m able to pay off my credit card. I had the cash for this one and I’m already working on my next large ticket coin.

 

Was this just recently purchased and would I be out of line asking for the approximate price paid for it? If you'd prefer to keep that private then I will completely understand. Congrats again on it, she's a beaut!

 

Wouldn't it just be easier to unpack boxes?

 

It was a good price but it was also four digits. I pick this beauty up last last month so very new. The past two months I’ve had two coin purchases that were more than a thousand and both were a good price.

 

Probably but I didn’t have this coin. The right coin can sling at the right time and at the right price.

 

Thanks for the history lesson involving my great state of Connecticut! Learned a bunch also.
As you know, I found one wile detecting one year. Unfortunately, the land is private now and off limits.
Here it is, again. Toasty and all.....

 

I’m saving for my next higher purchase coin as we speak.