Whitman Expo
1787 4 Cinquefoils, STATES UNITED Fugio Cent MS BN Newman 12-LL Values
Details
The first coins issued under U.S. authority for which contract information is known today were the Fugio pieces, which were valued at one cent each. They were made under contract with James Jarvis, owner of a controlling interest in the Connecticut 83 federal issues CONTRACT ISSUES and PATTERNS mint, which was then striking Connecticut coppers in New Haven. Jarvis obtained the federal contract with a $10,000 bribe to Col. William Duer, then head of the Board of Treasury.
