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1787 Fugio 1c New Haven Restrike Gold

CPG Values (What is CPG?)

Grade CPG Value
VF30 $48,000.00

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      Entry Details

      PCGS Number: 914
      Coin Date: 1787
      Denomination (Short): Fugio 1c
      Denomination (Long): Fugio Cent
      Variety: New Haven Restrike
      Variety 2: Gold
      Desg: MS
      Composition: Gold
      Mintage: 2 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 #: 914
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