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1787 Fugio 1c No Cinquefoils, AM CONGRESS Newman 1-CC BN

CPG Values (What is CPG?)

Grade CPG Value
XF40 $240,000.00
AU58 $600,000.00

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      NNP Encyclopedia data is provided in cooperation with Whitman Brands, based on catalog data organized by the Greysheet Identification System (GSID).

      Entry Details

      PCGS Number: 871
      Coin Date: 1787
      Denomination (Short): Fugio 1c
      Denomination (Long): Fugio Cent
      Variety: No Cinquefoils, AM CONGRESS
      Variety 2: Newman 1-CC
      Desg: MS
      Composition: Copper
      Mintage: 3 or 4 known
      Strike Type: Business
      Coinage Type: Fugio cent
      Coinage Years: 1787
      Edge: Plain
      General Notes: The first coins issued under U.S. authority for which contract information is known today were the Fugio pieces, which were valued at one cent each. They were made under contract with James Jarvis, owner of a controlling interest in the Connecticut 83 federal issues CONTRACT ISSUES and PATTERNS mint, which was then striking Connecticut coppers in New Haven. Jarvis obtained the federal contract with a $10,000 bribe to Col. William Duer, then head of the Board of Treasury.
      PCGS #: 871
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