The 1st Cent issued under the authority of the United States of America was the brainchild of Benjamin Franklin himself! This Historical coin is a must have for any US rare coin set.
- PCGS population of just 141* coins. Struck in Pure Copper.
- Encapsulated and graded as an MS-63 by PCGS authenticates and protects the condition of the coin.
- Designed by Benjamin Franklin.
- Obverse: Depicts a sundial with the words "FUGIO" and the legend "MIND YOUR BUSINESS" on it.
- Reverse: Features 13 linked rings, representing the 13 new states, with the legend "WE ARE ONE."
- This coin was struck in New Haven, Connecticut and most of the copper used to strike these coins was from military stores or salvaged metal.
Protect and display your Fugio Cent in style by adding an attractive display box to your order.
This coin will make a great addition to any collection. Add this 1787 Fugio Cent to your order today! PCGS* Population of 141 coins as of April 5, 2016. On April 21, 1787, the Congress of the Confederation of the United States authorized a design for an official copper penny, later referred to as the Fugio cent because of its image of the sun shining down on a sundial with the caption, "Fugio". This coin was reportedly designed by Benjamin Franklin; as a reminder to its holders, he put at its bottom the message, "Mind Your Business." The image and the words form a rebus meaning that "time flies, do your work." This design was also used on the "Continental dollar" (issued as coins of unknown real denomination, and in paper notes of different fractional denominations) in February 1776.
Some historians believe that the word "business" was intended literally here, as Franklin was an influential and successful businessman. Given Franklin's history publishing aphorisms, it may have been intended to mean both monetary and social business. The reverse side of both the 1776 coins and paper notes, and the 1787 coins, bore the third motto "We Are One" (in English) surrounded by thirteen chain links, representing the original thirteen colonial states. Following the reform of the central government with the 1789 ratification of the 1787 Constitution, gold and silver coins transitioned to the motto "E pluribus unum" from the Great Seal of the United States.