DescriptionContinental Currency July 22, 1776 $3 PMG Choice Uncirculated 64 EPQ.
The highest example graded by either service, and the highest PMG example above a low-end EF. In our experience, this July 22, 1776 issue is far scarcer than normally thought. In high grade, the scarcity is even more pronounced, as we've handled only a handful of truly uncirculated pieces from this issue in all our sales combined. This PMG 64 EPQ example appears to be a Gem in every respect save for rather close margins, which almost certainly account for the Choice grade. The $1500 valuation in the current Newman edition is in our opinion quite conservative. This piece was previously in our sale of the Midnight Ride Collection, which is indicated on the PMG holder.
From The Collection of a Patriotic American
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