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<p>[QUOTE=&quot;Collecting Nut, post: 26385756, member: 74863&quot;]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.</p><p>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. </p><p>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.</p><p>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. </p><p>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”. </p><p>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. </p><p>All Fugios were minted in 1788 and back-dated to 1787. The dies were made by Abel Buell.</p><p>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.</p><p>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.</p><p>[ATTACH=full]1683449[/ATTACH] [ATTACH=full]1683450[/ATTACH] [ATTACH=full]1683451[/ATTACH][/QUOTE]</p><p><br /></p>

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