1787 Franklin Cent

[madfranks]

I didn't find this with my metal detector, but a dealer in need of a sale sold it to me for $200, which I think was a good deal. It's a "fugio" cent, the very first coin issued under the authority of the United States. Ben Franklin was credited with the design, so sometimes they're called Franklin cents. It says "United States" around the "we are one" on the front, and the back says "mind your business", which I think is very clever. Neat huh!

 

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[Postalrevnant]

Have never seen one of those before. Thank you for sharing.

Congratulations

 

[Boobydoo]

Thanks for sharing this beautiful coin with us.
I have never seen it either. WOW. Very special!
Congrats!

Smiles!
BDoo

 

[Blackjack77]

Nice find-- "fugio"- literally means "time flies" coined mostly in New Haven, Ct. probably from the copper bands of powder kegs. From the picture its hard to tell which variety-probably worth in VG about $475 or more.
Good buy I'd say.
Congrats

 

[Michigan Badger]

I had a dug one last year (I didn't dig it) but it was a couple grades lower than yours. I got about $90 for it on ebay.

It's surprising but people are actually digging these today.

Badger

 

[leddel]

i found one about two years ago in great condition at an old cellar site

 

[Blackjack77]

Didn't mean to imply this particular one was worth $475 or higher.It s in AG or less condition, which still I would think would be worth more than $200. Ultimately now days Ebay seems to set the price!!

 

[secondcup]

Yes, eBay is a a good test of what things sell for these days. I have seen Fugios with less detail than yours going for big bucks on eBay. Very nice deal IMHO!

 

[stud564]

nice find, that is at the coinstore

 

[DDEXPII]

nice one

 

[Rusted_Iron]

Very cool, love those early coppers.