The Fugio 1C United States

The Fugio Cent is a fascinating piece of American history, as it holds the distinction of being the first official coinage issued by the United States government. It was designed by Benjamin Franklin and produced in 1787. The name "Fugio" comes from the Latin phrase "Fugio," which translates to "I fly" or "I flee." The coin features a sundial on the front with the Latin inscription "Fugio" and the English inscription "Mind your business." The reverse side displays thirteen linked rings, representing the original thirteen colonies, with the inscription "We are one" and the date "1787."

The Fugio Cent was authorized by the Continental Congress, which was the governing body of the United States during the American Revolution. The coins were produced in copper and were intended to serve as a reliable medium of exchange for the newly formed nation. However, due to financial difficulties and the limited availability of copper, the production of Fugio Cents was relatively low, and they were not widely circulated.

The design of the Fugio Cent reflects the values and ideals of the time. The sundial and the motto "Mind your business" symbolize the importance of time and the need for individuals to focus on their own affairs and responsibilities. The interconnected rings and the motto "We are one" represent the unity of the thirteen colonies and their shared destiny.

Although the Fugio Cents did not play a significant role in everyday commerce, they hold historical importance as the first official coins authorized by the United States. They serve as a testament to the early efforts to establish a national currency and the aspirations of the young nation. Today, Fugio Cents are highly sought after by collectors and numismatists, making them valuable artifacts of American history.

PCGS: 1787 Fugio 1C United States, Cross after Date, BN (Regular Strike) Fugio Cents - PCGS CoinFacts