Fugio Cent - 1oz Copper Medallion
The Fugio Cent is the first official cent of the United States. It was designed by Benjamin Franklin. While very available in lower grades, rare examples in excellent condition are highly sought after by collectors. On April 21st, 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 th eusn shining down on a sundial with the caption, "Fugio." As a reminder to its holders, Franklin put at the bottom of the coin the message, "Mind Your Business." The image and the words forma rebus meaning that "time flies, do your work."
The reverse side of both the 1776 coins and paper notes, and the 1787 coins, bore the third motto "We Are One" 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."
This is a 1oz Copper replica of a Fugio Cent. It comes in proof-like condition. To protect this coin it comes in an airtite and black felt pouch