691
***Auction Highlight*** Continental Currency January 14th, 1779 $50 Fr-CC97 Sig. Levi Budd Grades Ch
Currency:USD
Category:Coins & Paper Money
Start Price:25.00 USD
Estimated At:780.00 - 1,560.00 USD
SOLD
500.00USDto floor+ buyer's premium
This item SOLD at 2020 Nov 25 @ 22:43UTC-05:00 : EST/CDT
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***Auction Highlight*** Continental Currency January 14th, 1779 $50 Fr-CC97 Sig. Levi Budd Grades Choice CU. A lovely Continental note. The denomination is very scarce as it was only used in the final two issues out of eleven different issues of Continentals. All of the inking is quite bold and the margins are fit for the grade assigned. PMG Has Only Graded 2 Other Notes as Cu64 making this a TOP POP. 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.
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| From (Incl.) | To (Excl.) | Premium |
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Infinite |
21% |
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