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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 One Third Dollar Note (obverse) A fifty-five dollar Continental issued in 1779. After the American Revolutionary War began in 1775, the Continental Congress began issuing paper money known as Continental currency, or Continentals. Continental currency was denominated in dollars from $ 1 ⁄ 6 to $80, including many odd denominations ...
In 1776, several thousand pewter Continental Currency coins were minted. Although unconfirmed, many numismatists believe these to have been pattern coins of a proposed silver dollar coin authorized by the Continental Congress to prop up the rapidly failing Continental Currency—the first attempt by the fledgling U.S. at paper currency. [10]
The recently discovered coin is set to be auctioned on October 3, said the auction house, and is estimated to go for £20,000 (about $26,360) to £30,000 (about $39,540) Sneak peek: The Case of ...
In the highest mint grade, this coin sells for around $141,000. 2007-S John Adams Proof: This coin has “zero flaws” and is expected to become rarer in the future, according to CoinValueLookup ...
The president of the United States in Congress Assembled, known unofficially as the president of the Continental Congress and later as president of the Congress of the Confederation, was the presiding officer of the Continental Congress, the convention of delegates that assembled in Philadelphia as the first transitional national government of the United States during the American Revolution.
During the Revolution, Congress issued $241,552,780 in Continental currency. [1] By the end of 1778, this Continental currency retained only between 1 ⁄ 5 to 1 ⁄ 7 of its original face value. By 1780, Continental bills – or Continentals – were worth just 1 ⁄ 40 of their face value. Congress tried to reform the currency by removing the ...
This is a list of Continental currency banknotes, ... 1776 [5] $ 1 ⁄ 3: February 17 ... Continental Currency dollar coin; Fugio cent; References