Weekly Auctions of Exceptional Items
0 selections
Log In
0 selections
lots of lots
Lot 1723
Both with Mottos and Devices by Ben Franklin, including: Feb 17, 1776 One Sixth of a Dollar, sn 171406, signed by Joseph Redman. 3" x 2 1/2". Plate A.PLUS 1 1/8" Copper Penny. Housed in a museum quality double-glazed gold frame with green velvet mat under glass having windows for note and the coin, and engraved brass tags "Fugio 1787", 'Fractional Currency, February 17, 1775" & Mottoes and Devices attributed to Benjamin Franklin" 19 1/4" x 9 1/4" overall. Wear to both the note and the coin.Per Louis Jordan: "An emission totaling $4,000,000 payable in Spanish milled dollars, or the equivalent in gold or silver, was authorized by the Continental Congress resolution of February 10, 1776. Of this $1,000,000 was reserved for the first national fractional currency. The front design on the fractional notes includes the first use of the "FUGIO" (I fly) legend and sundial as well as the "Mind your Business" legend. The back shows the thirteen linked rings representing the colonies and the legends "We are one" and "American Congress". Eric Newman has discovered these designs were created by Benjamin Franklin (see his indispensable The Early Paper Money of America p. 53). Again it was Newman who discovered the devices and border designs for the fractional bills were cut by Elisha Gallaudet, who also designed the Continental Currency coin. There is one signer, in red ink, on the fractional bills and two signers, using red and brown ink, on the dollar denominations. The Franklin designs were adopted for the Continental Currency coin made a few months later and for the 1787 Fugio cents. The paper, made at Ivy Mills in Chester County, Pennsylvania, contained blue fibers and mica flakes. Printed by Hall and Sellers in Philadelphia."

Buyer's Premium

  • 20%

Mottos and Devices by Ben Franklin: 1776 One Sixth of a

Estimate $1,000 - $1,500Apr 20, 2019