Very Choice November 2, 1776 $7 Levy-Signed NoteContinental Currency November 2, 1776 $7 Fr. CC-52. PCGS Very Choice New 64.
This fifth resolution featured the same $2 to $30 denominations as the May 9, 1776, resolution. Additional fractional denominations were also authorized, but not issued due to the remaining supply of "Fugio" bills. The severe storm at sea emblem paired with the motto SERENABIT (It will be calm) is at the left. Franklin, in his Account, writes, "This seems designed to encourage the dejected ... who may be too sensible of present inconveniences, and fear their continuance." The nature-print back shows a buttercup. This pleasing Ben Levy-signed note is well margined and nicely printed, a fresh and natural example. Traditionally, Ben Levy has been collected as a Jewish signer, and his red signature is strongly accomplished on this example. This Levy-signed note is superior to the November 2, 1776, $4 note graded PCGS Choice New 63; we sold that note in Newman Part VI in April 2015 for $1,645. This example stands out as a type note and sharp-grade Levy signature example.
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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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