Daniel Frank Sedwick, LLC
Treasure Auction 28 17-19 Nov 2020
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Copper
USA, copper Fugio cent, 1787, STATES UNITED, four cinquefoils, pointed rays, PCGS AU50.The Fugio cent is the first circulation coin struck by the United States of America. Its design, engraved on the dies by Abel Buell, is based on a elements made by Benjamin Franklin for 1776 Continental Currency notes. The sundial represents how time flies; even the name Fugio translates to "I fly." The legend below, MIND YOUR BUSINESS, has to do with the benefit of hard work and "keeping your nose to the grindstone"; it is not a threat against invaders or enemies. Bold and nicely detailed example with modest wear, mostly brown with patches of dark toning, small area of strike weakness at 6 o'clock due to the die cracking.
Estimate: 1000-1500 USD
USA, copper Fugio cent, 1787, STATES UNITED, four cinquefoils, pointed rays, PCGS AU50.The Fugio cent is the first circulation coin struck by the United States of America. Its design, engraved on the dies by Abel Buell, is based on a elements made by Benjamin Franklin for 1776 Continental Currency notes. The sundial represents how time flies; even the name Fugio translates to "I fly." The legend below, MIND YOUR BUSINESS, has to do with the benefit of hard work and "keeping your nose to the grindstone"; it is not a threat against invaders or enemies. Bold and nicely detailed example with modest wear, mostly brown with patches of dark toning, small area of strike weakness at 6 o'clock due to the die cracking.
Estimate: 1000-1500 USD