Colonial 1787 VG 10 BN PCGS Fugio Cent United States 4 Cinq
The Continental Congress of the Confederation passed a resolution on April 21, 1787, for the contract coining of a national copper cent. About two and a half months later they agreed on a design. A resolution of July 6th stated the penny obverse would have the sun and a sundial with the legend 'FUGIO' (I fly), the date, and the legend 'MIND YOUR BUSINESS.' The reverse would contain thirteen linked circles with the legends 'WE ARE ONE' and 'UNITED STATES.' This copied the February 17, 1776, fractional currency and the 1776 Continental Currency 'Dollar'. Only about 400,000 Fugio cents were minted, which was about four tons out of the 300 tons of coppers that had been contracted for coining. These coins were sent to the U.S. Treasury on May 21, 1788.