Superb Gem Appearing PCGS 58PPQ Twenty Dollar YorktownContinental Currency April 11, 1778 $20 PCGS Choice About New 58PPQ.
If you are a proponent of labels, this note is a high-end AU. If you prefer currency to labels, it is a Superb Gem. Not to say that PCGS is wrong, but from a visual standpoint they certainly do not appear correct. The note is incredibly margined with ideal color, spot on centering of both sides, excellent signatures, and the finest eye appeal one would ever find for a $20 Yorktown. Both services have graded only three uncirculated examples of this rare note. In 2010 we sold another very nice 58 PPQ, that did not begin to approach the quality of this piece, for $3450. In this much stronger market, we would expect this much finer note to realize well beyond that number.
Estimate: $5,500 - up.
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