One Dollar May 10, 1775 PCGS 45PPQ.Continental Currency May 10, 1775 $1 PCGS Extremely Fine 45PPQ.
This first of the Continentals has always been considered a scarce note. The print amounts were equal for all of the eight lowest denominations, but when this first issue "hit the streets," Continentals had been 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 tied for the finest that HCAA has ever offered, and, like virtually every note in this landmark collection, it was picked as much for eye appeal as for technical grade. Only three have been graded higher at the two major grading services. The consignor of this collection has owned two of the three and rejected both, opting to place this 45PPQ in his collection. It's 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.
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