PMG 50 Marbled Edge Continental - The Second Finest at PMGContinental Currency May 10, 1775 $20 PMG About Uncirculated 50.
The second highest graded at PMG below a single 53. The marbling is unusually wide and very bright. The 50 grade appears to have been assigned for a vertical center fold and a few minor corner folds. 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. One of the very best technically, and as good as any for visual appeal.
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