Handsome Marbled Edge Continental with Only Very Minor RestorationsContinental Currency May 10, 1775 $20 PCGS Apparent Extremely Fine 40.
This marbled-edge Continental note is unlike any other from the entire series of 102 different pieces. On page 203 of Historical Sketches of American Paper Currency, published in 1866, Henry Phillips, Jr. had this to say: "The note is a very peculiar one, being entirely different from all the rest of the issues of the Continental Congress. How this happened, or the reason for so strange a deviation, is not and perhaps can never be known." These $20 bills were printed on weak, thin white paper that was furnished by Benjamin Franklin. The left end of the bills had a polychrome multicolor anticounterfeiting device that gave the notes a distinctly different appearance. They were also considerably wider and shorter than any other Continentals were. The back of this example, as on all known pieces, is inverted. The marbling at the left is extremely bold and colorful, and both the red and brown signatures are fully bright. PCGS has assigned the apparent grade for "Restorations," which is accurate: the note has some minor rebuilding of the corners and edges, though far less than we are used to seeing. The signatures are bold and untouched, and all of the text and border elements on both sides are sharp, clear, and restoration free.
Estimate: $7,500 - up.
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