DescriptionContinental Currency May 10, 1775 $20 PCGS Apparent Very Fine 25.
This note is the rarest of the Continentals. Different in shape and design than any of the other 101 varieties, it is also printed on thin, weak white paper supplied by Benjamin Franklin. The note bears a polychrome anti-counterfeiting marbling stain at its left edge, giving it a distinctly different appearance. The back of this example, as on all known pieces, is inverted. The note has a number of problems which caused PCGS to assign the Apparent grade. They mention "Splits, Tears, and Minor Damage; Silked on Back," all of which is accurate. The note still has a very decent appearance, and the VF 25 grade is correctly assigned. In our 2013 Long Beach Auction, we sold a PMG 20 Net example for $5287. This should do just about as well.
Estimate: $4,500 - up.
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