Independence #2: New Jersey
The New Jersey Copper was minted from 1786-1788. On June 1, 1786, the New Jersey legislature authorized Walter Mould, Thomas Goadsby, and Albion Cox to mint three million copper coins at a weight of 150 grains each over a two-year period in return for a ten percent royalty to the state and the posting of a £10,000 surety bond. The coppers were to circulate at fifteen to the shilling and were to be produced within New Jersey.
