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***Auction Highlight*** Continental Currency January 14, 1779 $35 CC-94 Sig. WM. Coats, Levi Budd Gr
Currency:USD
Category:Coins & Paper Money
Start Price:25.00 USD
Estimated At:390.00 - 780.00 USD
SOLD
325.00USDto floor+ buyer's premium
This item SOLD at 2020 Nov 13 @ 23:21UTC-05:00 : EST/CDT
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A full invoice should be emailed to the winner by the auctioneer within a day or two.
***Auction Highlight*** Continental Currency January 14, 1779 $35 CC-94 Sig. WM. Coats, Levi Budd Grades Choice AU/BU Slider. The eleventh and final Continental Currency resolution included several innovations and changes. Red printing was added to the emblem and border on the face. The new border cuts used UNITED STATES OF NORTH AMERICA (this title was also used on the Amsterdam United States Loan office forms printed for use by John Adams's office). Notes were printed on watermarked paper. Sixteen denominations (including six new ones), using two arrays, were issued. Over $50,000,000 was authorized, much of which was necessary to retire note types that were heavily counterfeited, such as Yorktown notes. This $35 is the first of the added odd denominations. A plow in the field with the motto HINC OPES (Hence our wealth) is at the left, an emblem designed by Francis Hopkinson. With sharp color on the face, well margined, and crisply printed. There is only some light handling. An interesting and attractive type. The 1779 series notes used color emblems and borders for the first and only time. This $2 Continental bill is the second lowest denomination. The color and face-to-back registration are excellent on this lightly circulated note.Emissions totaling $95,051,695 payable in Spanish milled dollars, or the equivalent in gold or silver, were authorized by seven separate resolutions between January 14 and November 29, 1779. $50,000,000 of this was to be used to exchange the for the recall of the May 20, 1777 and April 11, 1778 issues. A new border cut used the legend "United States of North America" and on the reverse are a new series of leaf and cloth nature prints. Also emblems and mottos were cut in a smaller size and part of the emblem and left border of the obverse were printed in red with the remainder in black. Francis Hopkinson designed the new $35, $45, $70 and $80 bills (the last two replacing the $7 and $8), others designed the new $55 and $65 bills. Detector bills were printed in red and black on blue paper. By the date of this issue the Congress officially valued the currency at $7.42 in Contenental dollars for $1 in specie. Printed by Hall and Sellers Philadelphia The paper, made at Ivy Mills in Chester County, Pennsylvania, contained blue fibers and mica flakes. Denominations printed were the: $1, $2, $3, $4, $5, $20, $30, $35, $40, $45, $50, $55, $60, $65, $70 and $80.
Auction Location:
148 Route 73, Suite 3-284, Voorhees, New Jersey, 08043, United States
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Buyer's Premiums:
| From (Incl.) | To (Excl.) | Premium |
| 0.00 |
Infinite |
21% |
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