Description

    Continental Currency April 11, 1778 $30 PMG About Uncirculated 53. A gorgeous note from what is by far the rarest of the Continental issues. Thirty Dollar notes are not known to have been counterfeited, but six of the eight denominations of Yorktowns were heavily counterfeited by the British in an effort to undermine the value of the currency of the nascent United States. The existence of these deceptive counterfeits is the reason that this April 11, 1778 issue is the rarest of all the Continentals. When these counterfeits appeared shortly after the genuine notes were issued, the Continental Congress voted to recall all April 11, 1778 notes. This piece luckily escaped that recall. It's well margined, well signed and very attractive. A light sheet fold along the bottom margin is likely the cause of PMG's assigned About Uncirculated grade. No uncirculated examples of this number have yet been graded by PMG, with only two other AU's graded: a 50 and a 55, making this the second-finest graded example. The new Newman book lists this note at $2000 in Extremely Fine, a number which this nice AU could easily approach.
    From The Midnight Ride Collection


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    Auction Dates
    September, 2009
    8th-13th Tuesday-Sunday
    Bids + Registered Phone Bidders: 4
    Lot Tracking Activity: N/A
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