DescriptionContinental Currency September 26, 1778 $40 Contemporary Counterfeit PMG Choice Uncirculated 63.
Newman lists two counterfeit varieties for this issue and denomination. This is the first of those varieties. The easiest diagnostic to see is that the upright of the "b" in "by" is slightly to the left of the tail of the "R" in "Resolution" above it. On the genuine note the "b" is below the right tip of the "a" before "Resolution." High grade counterfeits are tough to find. This one is a beauty with a deceptively genuine appearance and bold forged signatures. Few contemporary counterfeit Continentals are seen in Uncirculated condition as most were artificially circulated to make them seem more acceptable. It has been almost three years since we last offered one of these counterfeits.
Estimate: $600 - up.
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