Last Continental Currency $1 NoteContinental Currency May 9, 1776 $1 Fr. CC-31. PCGS Extremely Fine 45PPQ.
This is the last $1 Continental currency note. Scarce in high grades, it commands a premium compared with higher denominations from the issue. This fourth resolution had an expanded authorization of $5,000,000, and the $1 to $8 denominations printed were styled similarly to the prior two issues. The emblem on the right face shows a weighted bowl on an acanthus plant with the motto DEPRESSA RESURGIT (Though crushed it recovers). Of this curious image, the erudite Franklin remarks in his Account: "The ancients tell us, that the sight of such an accidental circumstance gave the first hint to an architect, in forming the beautiful capital of the Corinthian Column," and goes on to say that rather than being beaten down, the colonists will instead prosper and "delight in the architecture of human happiness." Very sharply printed and bright. Three margins are wide on the face; only the left is a bit tight. A nicely centered example with a well-detailed nature-print back. This has the eye appeal of a higher-grade note.
Ex: Eric P. Newman Numismatic Education Society
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A powerful and intimidating dealer of the 1960s, backed by important colleagues, was accused of selling fraudulent gold coins and ingots to unsuspecting numismatists. Who would go up against a man like that and, over the course of decades, prove the fraud? Who would expose a widely respected scholar as a thief, then doggedly pursue recovery of coins that the scholar had stolen from an embarrassed numismatic organization, all over the objections of influential collectors who had bought coins with clouded titles? Eric P. Newman would - and did. Reserve your copy today.
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