Understanding the Early Ideals of the Nation with the Fugio Cent – Blanchard and Company

The Fugio cent offers insight into the psychology of the nation in its earliest days. The design was the ferment of Benjamin Franklin and represents two key ideas that seem to be ever-present is his exercise and life : dedication to one ’ sulfur clientele affairs and an firm desire to remain productive. Fugio Cent Obverse Side
The coin was minted from copper and was developed when the Congress of the Confederation authorized the design. production lasted for alone one class in 1787 .
The word “ fugio ” on the coin is Latin for “ I flee. ” This discussion, in combination with the image of a sundial, is a citation to the sensing that time escapes us and is always rushing by. The decision to convey this estimate may have emerged from the huge change Franklin experienced in his life over such a short period. Or, possibly it was his try to communicate that there was even much work to be done amid the state construction he was pursuing. What remains clearly is that Franklin ’ randomness writings, including his autobiography, communicate an intense want to achieve goals and better himself with every pass day. The design of the while echoes this strongly .
interestingly, Franklin besides decided to include the words “ mind your business ” on the coin. This could easily be confused with the park contemporary phrase “ mind your own clientele, ” however Franklin did not intend to communicate this idea. alternatively, he likely meant to communicate that others should literally keep their business affairs at the kernel of their think. Franklin himself was a ardent business man.

On the rearward side was the motto “ We Are One ” referring to the solidarity of the thirteen original colonies which were represented visually with thirteen linked rings around the margin. In time this motto would be replaced with “ E pluribus unum. ”

Like so many other early on coins there were errors made along the manner. It has been reported that an extra fifth agate line was mistakenly added to the Roman numeral IIII on the ring surrounding the sundial. To correct this defect the die was adjusted to include a small design flourish intended to cover the extra throw. additionally, the “ G ” in “ FUGIO ” had to be accomplished by adding a minor crossbar to the letter “ C ” which was mistakenly character of the press.

good one year after minting began the Bank of New York allocated respective thousand of the coins to storage. They remained in storage for more than six decades until they were transferred to another area in the basement. They sat for another seventy years before being rediscovered in 1946 when many of the coins were distributed to individuals as souvenirs. All of the coins were in mint state condition upon discovery. After distributing several thousand pieces the bank retained 819 coins which are believed to distillery be in their possession today .
today the imperfections of the design and blunt manner of the words engraved represent a capture harshness that is emblematic of the burgeoning years of the state. furthermore, the Fugio cent is a testament to the boldness of Benjamin Franklin and his urging to all others that our clock is short and we must make the most of it .
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