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The Fugio cent, also known as the Franklin cent, [ 1 ][ 2 ] is the first official circulation coin of the United States. Consisting of 0.36 oz (10 g) of copper and minted dated 1787, by some accounts it was designed by Benjamin Franklin. Its design is very similar to Franklin's 1776 Continental Currency dollar coin that was produced in pattern ...
Oct 28, 2024 · In 1792, during construction of the new Mint, 1,500 silver half dimes were made in the cellar of a nearby building. These half dimes were probably given out to dignitaries and friends and not released into circulation. The Mint delivered the nation’s first circulating coins on March 1, 1793: 11,178 copper cents.
Feb 3, 2024 · The war ended in July and the Mint quickly reordered copper planchets, but no copper coins were struck with an 1815 mintage year. Changes in 1857 The US Mint’s production of American coins caught up to foreign coin demand around the 1850s, thanks to developments like steam-powered coining machines and other mint branches opening.
Oct 1, 2024 · In March of 1793 the Mint delivered its first circulating coins: 11,178 copper cents. Silver coin production started the following year and gold coinage began in 1795. Coining was slow; it’s possible that each press could only produce a couple dozen coins per minute.
According to legend these first half disme coins were minted from Martha Washington's silverware. [ 4 ] The half cent and cent were made of pure copper , the half dime, dime, quarter, half, and dollar in 90% silver, and the quarter, half and full eagle in .9167 gold (later changed to .8992 in 1834, and then 90% gold in 1837).
Early American copper coins – large cents and half cents (1793-1857) – were the coins of the people, the coins used for everyday transactions, the pocket change of early American citizens. Cents and half cents were also the first coins struck under the authority of the United States Government by the First United States Mint in Philadelphia, Pennsylvania.
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Feb 26, 2019 · 1781 to 1791. by Ron Guth. The first United States Mint was built in 1792. While much of the authorizing legislation is known, the daily workings of the Mint have gone largely unpublished, primarily because of a dearth of information. Mint records have been lost, scattered, or poorly preserved. Perhaps the best repository of Mint records is in ...
