1778 So-Called Dollar HK-862b, Continental Congress Confederation

Coin Details

Description

HK-862b is a tin Continental Dollar restrike, reproducing the design whose FUGIO motto and linked-rings reverse later inspired the 1787 Fugio Cent, the first coin authorized by the United States Congress. In 1962, Robert Bashlow acquired Dickeson's dies and commissioned August C. Frank Co. of Philadelphia to produce restrikes: 2,000 silver pieces (HK-852a, with small 'S' on reverse), 5,000 bronze (HK-853a), and 3,000 goldine/golden brass (HK-856a). Separately, Empire Coin Company had 7,200 white metal pieces (HK-854a) struck by John Pinches, Ltd. of England. Bashlow donated the dies to the Smithsonian Institution and also produced restrikes of the 1616 Sommer Islands, J.J. Conway $5 Gold, and the 1861 Confederate States Half Dollar. The Continental Dollar's design legacy extends beyond its own series: the FUGIO sundial and linked-rings motifs were adopted for the 1787 Fugio Cent, the first coin authorized by the United States Congress. Whether Franklin intended the message for Great Britain or for ordinary colonists remains debated. The Bashlow restrikes are collected both as numismatic curiosities and as accessible alternatives to the exceptionally rare 18th-century originals. So-called dollars acquired their name because they are not true dollar coins but rather privately issued medals that approximate the size and weight of U.S. silver dollars. The collecting specialty emerged in the early 20th century and was formalized by the Hibler-Kappen catalog, which organized hundreds of diverse pieces — from exposition medals to political tokens to private monetary experiments — into a coherent collecting framework.

Rarity Notes

Confederation Dollar variants in the HK-858 through HK-866 range survive in moderate numbers. Various compositions exist across the series. These pieces attract interest from collectors of both so-called dollars and early American coinage reproductions.

Cross References

HK-862b; PCGS #643619