1800 - 1¢ Drop Rate |
United States "Fugio" Cent |
10 November 1800 New York City local usage, 1¢ due in manuscript |
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The Act of May 8, 1794 delineated a drop rate of one cent for a letter for delivery at the office where mailed. |
1787 Fugio cent minted in New Haven, Connecticut and Newburgh, New York |
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The first coins issued under the authority of the United States were the Fugio cents. So-named because Fugio (I fly) inscription appears on front. This, as well as the further "Mind Your Business inscription, have been attributed to Benjamin Franklin. |
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Richard Frajola, May 2006 |
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