LOT #12003 |
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Continental Currency May 10, 1775 $20 PMG Very Fine 20 Net....
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Sold on Apr 29, 2009 for:
$5,462.50
Bid Source: Live: Phone bidder
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Description
Continental Currency May 10, 1775 $20 PMG Very Fine 20 Net. The scarce $20 denomination did not contain border cuts. The notes also varied in size from the other denominations as they were shorter and wider. The paper with a colorful marbled edge was obtained by Benjamin Franklin and was used as an anti-counterfeiting measure. The emblem on the back includes a sun blazing down on ships sailing on a calm sea. The motto is CESSANTE VENTO CONQUIESCEMUS (when the storm dies down we will rest). The back is inverted as is the case on all known examples. John Shee and Thomas Lawrence were the signers on this attractive note. PMG has noted center split repairs, which are typical for this weak-paper issue and those repairs are more than offset in appearance by the unusually large marbled edge at the left.Auction Info
2009 April/May Cincinnati, OH (CSNS) Signature CAA Currency Auction #3505 (go to Auction Home page)
Auction Dates
Apr-May, 2009
29th-3rd
Wednesday-Sunday
Bids + Registered Phone Bidders: 2
Lot Tracking Activity: N/A
Page Views: 772
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15% of the successful bid per lot.
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