733
***Auction Highlight*** Continental Currency January 14th, 1779 $45 Fr-CC96 Sig Ja. Cost Gem CU (fc)
Currency:USD
Category:Coins & Paper Money
Start Price:25.00 USD
Estimated At:1,875.00 - 3,750.00 USD
SOLD
1,300.00USDto floor+ buyer's premium
This item SOLD at 2020 Dec 17 @ 01:05UTC-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 14th, 1779 $45 Fr-CC96 Sig Ja. Cost Gem CU. This $45 denomination was found only in the final issue of Continental currency. It is a particularly rare note in high grade. Of the 48 examples that PMG has seen, they have not graded any 65's and only this single 66. PCGS has seen 52 examples and graded two 65's with nothing higher. This Note Is Tied for 2nd Fienst Known. 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 $8
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| From (Incl.) | To (Excl.) | Premium |
| 0.00 |
Infinite |
21% |
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