7
7.839
8.018
7.955
6.7
6.8
7
7.405
7.1
7
7.111
7.9
5.2
5.4
Continental Currency dollar coin GudangMovies21 Rebahinxxi LK21
The Continental Currency dollar coin (also known as Continental dollar coin, Fugio dollar, or Franklin dollar) was the first pattern coin struck for the United States. The coins, which were designed by Benjamin Franklin, were minted in 1776 and examples were made on pewter, brass, and silver planchets.
History
The United States started issuing its own banknotes in 1776, denominated in Continental Currency, after the start of the American Revolutionary War and the signing of the United States Declaration of Independence. While no legislation authorizing a dollar coin has been discovered, no resolutions from July 22, 1776, through September 26, 1778 mentioned the one-dollar banknote, suggesting that it was to have been replaced by a coin.
Benjamin Franklin designed both sides of the coin. The obverse features the Sun shining sunlight on a sundial, the Latin motto "Fugio" (I flee/fly), and "Mind your business", a rebus meaning "time flies, so mind your business". The reverse features 13 chain links representing a plea for the Thirteen Colonies to remain united.
= Controversy over coin status
=
An article in the January 2018 issue of The Numismatist argued that the Continental Currency dollar coin may not have been a coin at all, but a token produced in Great Britain as a souvenir. The article cited the fact that there is no contemporary record of the pieces having been commissioned by the Continental Congress or anywhere in the colonies until long after the revolution.
Production
Elisha Gallaudet engraved the coin dies, according to numismatist Eric P. Newman. An estimated 6,000 coins were minted, probably in New York.
Today, about a hundred dollars survive, struck in pewter. Historians surmise that much of the original mintage was melted due to wartime demand for the alloy. Only a few silver examples are known to exist. This composition was most likely standard for circulation. However, the idea of a silver dollar might have been scrapped, as the United States had no reliable supply of silver during the war. Several brass trial strikings are also known.
Varieties
As with other early United States coinage, the dies for the Continental dollar coin were hand-punched, meaning no two dies were the same. One of the known obverse varieties was accidentally made with "CURRENCY" misspelled "CURENCY".
Another variety, known as the "Ornamented Date", was also made with a misspelled "CURRENCY", this time as "CURRENCEY". The blundered die was corrected by punching a "Y" over the "E" and an ornamental figure was engraved over the original "Y".
Later use of the design
The 1787 Fugio cent, the first officially circulated coin of the United States, incorporated many elements of the design of the Continental Currency coin.
An adaption of the Continental Currency dollar coin appears on the reverse of the "Founding Father" variety of the 2006 Benjamin Franklin silver dollar.
See also
Dollar coin (United States)
Nova Constellatio
References
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1776 Continental Currency Aluminum Dollar | We Are Experts!
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Continental Currency
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Continental Currency dollar coin - Wikipedia
The Continental Currency dollar coin (also known as Continental dollar coin, Fugio dollar, or Franklin dollar) was the first pattern coin struck for the United States. [1] [2] The coins, which were designed by Benjamin Franklin, were minted in 1776 and examples were made on pewter, brass, and silver planchets. [3]
Continental Currency Dollar – 1776 - APMEX
May 23, 2022 · Learn About the Six Versions of the 1776 Continental Dollar. Like several other American colonial coins, the Continental Dollar is an important but mysterious coin. They are often called “Dollars” or more commonly “Currency” but the true denomination is unknown. Most experts peg it at “One Dollar’.
1776 $1 Continental 'Curency' Pewter (Regular Strike) - PCGS
The Pewter N-1-A Pewter Continental Curency Dollar was only discovered in late 2014 and offered for sale in Heritage’s 2015 FUN Platinum Night Sale as lot 4004. PCGS graded the coin as Genuine with Edge or Rim Damage, while Heritage gives the coin a grade of Very Fine Details.
Our Guide To The 1776 Continental Dollar | International Precious ...
The 1776 continental dollar coins are highly valuable and can fetch a tidy sum of money if they are in good mint condition and grade. They are a major display of American might and sovereignty. Due to their value, the 1776 continental dollar coins are perhaps some of the counterfeited coins.
Continental Currency - Guide to Value, Marks, History - WorthPoint
Authorized in May of 1775, Continental Currency was the first federally issued paper money in America. The Continental dollar was based on the Spanish milled dollar, equivalent to eight reales, a Spanish unit of currency.
Continental Coins and Currency - Numismatic News
Jun 14, 2022 · As you might infer from the title, this guide to Continental Currency and Coins is divided into two sections, the first devoted to Continental Currency Bills (1775-1779) and the second to Continental Dollars (1776).
Continental Currency: February 17, 1776 - University of Notre Dame
An emission totaling $4,000,000 payable in Spanish milled dollars, or the equivalent in gold or silver, was authorized by the Continental Congress resolution of February 10, 1776. Of this $1,000,000 was reserved for the first national fractional currency.
Continental Dollars | Price Guide & Values - NGC
See prices and values for Continental Dollars in the NGC Coin Price Guide. View retail prices from actual, documented dealer transactions.
1776 Continental Dollar - CoinSite
Dec 5, 2013 · Sometime in July 1776, most probably in New York City, a distinctive new coinage, known to numismatists as the Continental Dollar, was struck in silver, brass and pewter. More than 60 survive today, of which the larger number are pewter.
The Continental Currency "Dollar" of 1776 - University of Notre …
From Coins of Colonial and Early America, an exhibit of over 250 items from Massachusetts silver to the provisional half disme of 1792. Features high-resolution images and detailed descriptions.
