DescriptionContinental Currency February 17, 1776 $1/2 Horizontal Pair PMG Extremely Fine 40 Net.
All fugio multiples are extremely rare. At last year's FUN Auction, we sold a $1/6 pair graded PMG 53 EPQ for over $5400. This is the only pair of half dollar fugios that PMG has graded. The Net grade is for "Repaired, Stains, Annotations," all of which are quite minor. The February 17, 1776 small denomination notes, with Benjamin Franklin-designed motifs on both sides, are fascinating. The face shows the Fugio design that was used on the Continental Dollars, and later the 1787 Fugio coppers, with FUGIO, the sundial, and MIND YOUR BUSINESS motto. The backs correspond to the coin designs with WE ARE ONE in the center encircled by AMERICAN CONGRESS, with a glory of rays around. These elements are all enclosed by links in a chain bearing the names of the original thirteen colonies. The Fugio notes should be considered Fractional Continental Dollars. The smaller vertical format with this design has an excellent layout. The four Fractional denominations were printed on large 24-subject double-pane sheets with each denomination having plate positions A, B, and C.
Estimate: $2,000 - up.
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