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1787 Fugio Cent 'Mind Your Business' Benjamin Franklin First US Coin Lab

Interactive diagnostic and valuation matrix for the very first coin authorized by the United States government: the 1787 Fugio Cent. Designed by Benjamin Franklin with 'FUGIO' (Time Flies), the iconic sundial, 'MIND YOUR BUSINESS', and 13 interlocking rings 'WE ARE ONE'.

Diagnostic Controls & Presets First Coin Authorized by US Congress

Preservation Grade (Sheldon Scale): MS-65 BN Mint State (Bank of NY $18,500)
G-4 ($450) VF-20 ($1,200) AU-50 ($3,800) MS-65 ($18,500+)
Ray Variety & Inscription: Pointed Rays: 8-Pointed Star Center (Bank of NY Hoard)

Diagnostic Forensic Readings

Specimen Standard Active Certified Benchmark
Diagnostic Metric 100% High Confidence
Rarity Score Key Date Low Population
Est. Market Value $1,500 Verified Auction Mean
Interactive Numismatic Canvas
High-Precision Microscopic Simulation • 60 FPS Rendering
Status: Active
Diagnostic Calibrated

Forensic Attribution Diagnostic

Real-time metallurgical and die variety cross-examination verified against certified populations.

Verified

Technical Breakdown: Physics, Metallurgy & Die Diagnostics

Continental Congress Resolution
$$\text{Mass} = 157.5\,\text{grains} \approx 10.21\,\text{grams} \quad (100\%\,\text{Pure Copper})$$

Authorized July 6, 1787 by the Congress of the Confederation, struck in New Haven, Connecticut by James Jarvis.

Benjamin Franklin's Philosophical Mottoes
$$\text{"FUGIO" (Time Flies)} + \text{Sundial} \implies \text{"MIND YOUR BUSINESS"}$$

Replaced monarchical Latin mottos with Franklin's practical aphorism urging citizens to diligently attend to their personal enterprise.

Documented Benchmark Auction Records

1787 Fugio Cent Pointed Rays PCGS MS-66 RB Heritage Auctions FUN Signature Platinum Night
$28,800 USD

Finest known pedigree from the 1856 Bank of New York keg hoard with blazing original mint red luster.

1787 Fugio Cent Club Rays Newman 1-B PCGS AU-58 Stack's Bowers Rarities Showcase (2024)
$8,400 USD

Rare club-shaped sunbeam ends variety; glossy chocolate patina with razor-sharp 'WE ARE ONE' reverse links.

1787 Fugio Cent Cross After Date PCGS VF-30 GreatCollections Coin Auctions (2024)
$2,150 USD

Clear cross diagnostic punch following 1787; genuine post-colonial commerce patina.

Frequently Asked Questions

What is the 1787 Fugio Cent?

The 1787 Fugio Cent is the very first official circulation coin authorized by the federal government of the United States. Authorized by the Continental Congress on April 21 and July 6, 1787, under the Articles of Confederation, it preceded the opening of the official US Mint in 1792.

Who designed the Fugio Cent?

The coin was designed by founding father Benjamin Franklin. He chose the sundial motif with the Latin word 'FUGIO' ('I fly' - referring to time flying) and the iconic aphorism 'MIND YOUR BUSINESS' to urge young Americans to work hard and protect their financial liberty.

What do the 13 interlocking rings on the reverse mean?

The reverse features a chain of 13 interlocking circular rings, representing the original 13 American colonies. In the center is a small circle inscribed 'WE ARE ONE' surrounded by 'AMERICAN CONGRESS' or 'UNITED STATES', signifying the indissoluble strength of the Union.

What was the Bank of New York Hoard?

In 1856, a keg containing several thousand uncirculated 1787 Fugio Cents was discovered in the basement vaults of the Bank of New York. The bank preserved them and occasionally gifted them to VIP clients. This hoard is the reason collectors can obtain pristine Mint State 1787 Fugio cents today.

Where were Fugio cents actually minted?

They were struck at the Company for Coining Coppers mint in New Haven, Connecticut, by contractor James Jarvis, using copper provided by the Continental government from recycled military stores.

What is the difference between Pointed Rays and Club Rays?

On the obverse sunburst, Pointed Rays feature sharp, triangular needle-like sunbeams. On Club Rays varieties, the rays terminate in bulbous, rounded club-like shapes. Club Rays are significantly rarer and command a large price premium.

How much is an authentic 1787 Fugio Cent worth?

A circulated Good-4 specimen with honest wear sells for $400 to $650. Very Fine examples sell for $1,200 to $2,000, About Uncirculated (AU) brings $3,500 to $6,000, while uncirculated Bank of New York hoard Mint State coins command $12,000 to over $30,000.

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