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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]
One dollar will be worth a lot more than that — as a rare 1776 continental dollar coin is set to go to auction next month. Wotton Auction Rooms told CBS News in an email that one of its clients ...
Regardless of when struck, each coin bears the double date 1776–1976 on the normal obverses for the Washington quarter, Kennedy half dollar and Eisenhower dollar. No coins dated 1975 of any of the three denominations were minted. Given past abuses in the system, the Mint advocated against the issuance of commemorative coins starting in the 1950s.
In 1776, British economist Adam Smith criticized colonial bills of credit in his most famous work, The Wealth of Nations. Another act, the Currency Act 1764, extended the restrictions to the colonies south of New England. Unlike the earlier act, this act did not prohibit the colonies in question from issuing paper money but it forbade them to ...
The old cliché about finding rare and valuable coins is that you should start by digging around in your sofa. That's not necessarily bad advice. However, chances are the only loose change you'll ...
Check Out: 6 Coins From the 1970s That Are Worth a Lot of Money 1787 Fugio Cent (aka Franklin Cent) “One of the earliest, if not the earliest, coins issued by the U.S., the 1787 Fugio Cent is ...