Copper (Bust Right) 1788 front Copper (Bust Right) 1788 back
Copper (Bust Right) 1788 photo
© Heritage Auctions

Copper Bust Right

1788 year
Copper 6 g 22 mm
Description
Issuer
Republic of Vermont (United States (pre-federal and private/territorial))
Type
Standard circulation coin
Year
1788
Value
1 Cent (0.01)
Currency
Dollar
Composition
Copper
Weight
6 g
Diameter
22 mm
Shape
Round
Orientation
Coin alignment ↑↓
Demonetized
Yes
Updated
2024-10-09
References
Numista
N#52550
Rarity index
85%

Reverse

Seated woman (Britannia) left
date in ex.

Script: Latin

Lettering: *ET LIB* * INDE

Translation: Independence and Liberty

Comment

US Colonial Vermont Coppers 1785 to 1788
On January 15th 1777, six months after the declaration of independence of the original thirteen states was signed, Vermont declared itself as an independent republic. It remained so until it became the 14th state of the union on March 4th, 1791.
As the first local territory with the authority to produce coins, Vermont issued a series of copper denominations.

Interesting fact

The Copper (Bust Right) 1788 coin from the Republic of Vermont is interesting because it was one of the first coins minted by a private company, the Vermont Mining Company, and not by a government. This coin was minted during a time when the United States was still a collection of independent states and not yet a unified country, and it highlights the early history of private currency issuance in the United States.