DescriptionContinental Currency May 20, 1777 $7 PMG Extremely Fine 40 EPQ.
The May 20, 1777 notes are generally regarded as the second scarcest of the Continental issues. The border cuts were changed from "UNITED COLONIES" to "UNITED STATES" beginning with this issue. The motto on this $7 note is SERENABIT (it will clear up) and the emblem illustrates a major sea storm. In our Central States sale we just sold a PCGS Fine 15 for $460 which should make this far better note worth considerably more.
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