DescriptionContinental Currency February 17, 1776 $1/6 PCGS About New 53PPQ.
The February 17, 1776 small denomination notes are fascinating, with motifs designed by Benjamin Franklin on both sides. The face has the Fugio design used on the Continental Dollars, and later the 1787 Fugio coppers, with a sundial and "MIND YOUR BUSINESS." 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 encircled by linked chains, bearing the names of the original thirteen colonies, joined together. The Fugio notes should be considered Fractional Continental Dollars. The smaller vertical format with this design has an excellent layout. The $1/6 is the lowest denomination of four, printed on double-pane sheets of twelve, using three letter positions per denomination. This is a high-end AU example of the lowest of the four denominations of Fractional Continentals. We sold an AU 58 PPQ example of this note in our auction last April for $4935.
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