DescriptionContinental Currency April 11, 1778 $4 PMG Choice About Unc 58 EPQ.
The finest-known Four Dollar Yorktown at both services combined. Neither service has seen an uncirculated note out of the combined 20 that they have examined, and the highest graded at PMG is this 58. This is the lone 58EPQ at PMG, with its closest neighbor a single 55. A very rare high-grade Four Dollar example from the only truly rare issue of Continentals. Although this is a genuine example and very scarce in that form, Yorktowns are almost always seen as deceptive counterfeits. The existence of these deceptive counterfeits is the reason that this April 11, 1778 issue is the rarest of all the Continentals. When the counterfeits appeared shortly after the genuine notes were issued, the Continental Congress voted to recall all April 11, 1778 notes. Few genuine notes escaped the recall, and all are highly prized today. This note has strictly original surfaces, good signatures, and outstandingly broad, even margins. Prior to the appearance of this note, the nicest example we have auctioned was a PCGS 55 no PPQ in August of 2010 for $2,300.
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