DescriptionContinental Currency May 20, 1777 $8 PMG Extremely Fine 40 Net.
The Net grade is for "Previously Mounted, Staining," which is primarily on the back and not very distracting. Nicely signed and very well margined. The latest edition of Newman recognizes the price differentials between the more common and scarcer Continental issues. This issue was long known to be scarce, but recent census data has shown that these are very nearly as scarce as the Yorktown notes, and actually scarcer than them at the highest grade levels.
Estimate: $600 - up.
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