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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]
A rare 1776 pewter Continental Dollar was found in a toffee tin. / Credit: Wotton Auction Rooms. ... In 2008, a pewter continental dollar was auctioned for the record price of $264,500. In 2015, a ...
This page was last edited on 27 December 2023, at 12:16 (UTC).; Text is available under the Creative Commons Attribution-ShareAlike 4.0 License; additional terms may apply.
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 between. During the Revolution, Congress issued $241,552,780 in Continental currency. [51]
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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]