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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]
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 ...
The Continental Congress also issued paper money during the revolution — known as continental currency — to fund the war effort. To meet the monetary demands of the war, state and continental governments printed large amounts of currency, leading to rapid depreciation. By the end of the war, these paper notes became effectively worthless.
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.
The composition of the Presidential Dollar coins is identical to that of the Sacagawea Golden Dollar and Native American $1 coins. The Presidential Dollar series includes all presidents except ...
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]
This is a list of Continental currency banknotes, ... 1776 [5] $ 1 ⁄ 3: February 17 ... Continental Currency dollar coin; Fugio cent; References
Coins for circulation. 1964 (90% silver) half dollar (silver proofs from 1992–present also have this composition) 1965–1970 half dollar (40% silver) 1971–present half dollar (copper-nickel) The reverse only changed in 1975 and 1976 when the double dated coins showing 1776–1976 were minted to celebrate the U.S. Bicentennial.