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Continental Currency May 10, 1775 $20 PCGS Extremely Fine 40.. ...
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Sold on Sep 5, 2018 for:
$9,300.00
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Description
Extremely Fine Marbled Edge $20 Continental With Only Minor Restorations
Continental Currency May 10, 1775 $20 PCGS 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. said, "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 furnished by Benjamin Franklin. The left end of the bills had a polychrome multicolor anti-counterfeiting device that gave the notes a distinctly different appearance. They were also considerably wider and shorter than any other Continentals. The back of this example, as on all known pieces, is inverted. The italic grade number has been assigned for "Minor Restorations," which seem to refer to repairs of a few minor edge nicks. The marbling is medium wide with excellent color, and both the red and brown signatures are extremely strong. The appearance of the note is spectacular, with none of the heavy rebuilding or dark aging that is often seen on this important type.
From the Cherry Blossom Collection
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Auction Info
2018 September 5 - 11 Long Beach Expo Currency Signature Auction - Long Beach #3567 (go to Auction Home page)
Auction Dates
September, 2018
5th-11th
Wednesday-Tuesday
Bids + Registered Phone Bidders: 4
Lot Tracking Activity: N/A
Page Views: 1,403
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