LOT #82003 |
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Continental Currency January 14, 1779 $70 PCGS Extremely Fine 45.. ...
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Sold on Nov 12, 2024 for:
$360.00
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Description
Continental Currency January 14, 1779 $70 PCGS Extremely Fine 45.The final issue of Continental Currency was authorized by the January 14, 1779 Resolution and six subsequent Resolutions, the last issued on November 29, 1779. Of the roughly $95,000,000 authorized, $50,000,400 was earmarked to be used in exchange for the May 20, 1777 and April 11, 1778 issues that were being called for exchange in response to widespread counterfeiting. The denominations included a mixture of low denomination notes ($1 through $5) and large denomination notes ($20, $30, $35, $40, $45, $50, $55, $60, $65, $70, and $80). The inclusion of so many high denomination notes reflected the continuing depreciation of Continental Currency that reached $40 in paper for $1 in specie near the end of this issue. A lightly circulated example of this tougher high denomination that is only found on this eleventh, and final, Continental emission.
Auction Info
Tuesday US Currency Select Auction #142446 (go to Auction Home page)
Auction Dates
November, 2024
12th
Tuesday
Internet/Mail Bids: 9
Lot Tracking Activity: N/A
Page Views: 98
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