Tied For Top Pop at Both Services CombinedContinental Currency May 10, 1775 $1 PCGS Choice About New 58.
This first of the Continentals has always been known to be a scarce note. The print amounts were equal for all of the eight lowest denominations, but when this first issue "hit the streets," Continentals were worth fully par, and the One Dollar note was the workhorse. These pieces circulated for years, and most of the ones that have survived are in very poor condition. Even without their heavy use in circulation, One Dollar would be a scarce denomination for Continentals, as it was only printed in the first four issues and the eleventh and final issue. This piece is one of only three AU58's at both services combined with nothing higher. It is extremely well margined, nicely printed, and with two clearly legible signatures. This CC-1 is one of only two Continentals that is unpriced in Newman in the Uncirculated grades. Friedberg follows Newman's lead by not pricing only this note and the CC-9 in the top grade. The note has the look of a Choice New example and when it was submitted to the grading service we anticipated a 63 grade. It was not to be. Whatever the technical grade may be in its current official grade, it is tied with two others at this level at both services combined.
From The Continental Congress Collection
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