- More
Continental Currency September 27, 1785 Indent $1 PMG Choice Fine 15....
Click the image to load the highest resolution version.Description
Continental Currency September 27, 1785 Indent $1 PMG Choice Fine 15. These indented bills were issued by the Continental Congress from 1782 through 1787. Early in the issuing period, the value depreciated by about 20%, but as the notes were accepted for taxes, the value quickly recovered. By 1782 Congress was unable to honor the large quantity of Continental notes that were in circulation, and their value fell to nearly nothing (not worth a continental sound familiar?). These notes were then issued to circulate, and were accepted in payment of taxes (which earlier Continentals were not). The authorized signers were John Hardy and Michael Hillegas...with almost all of the known examples signed by Hardy. His bold clear signature led early collectors to refer to these then mysterious rare notes as "Hardy Bills". Newman identifies the denominations as $1, $2, $4, $6, $8 and $25 but he speculates that other denominations were also issued. Notes are known only with issue dates of September 27, 1785 and October 11, 1787 but other dates were undoubtedly used. We've handled very few of these, and they are always extremely popular. They're unpriced in Newman, but he does quote some auction records from a group that was sold in 2005. Those ranged in grade from Fine to Extremely Fine, and all sold for between $2200 and $3200.From The Midnight Ride Collection
View all of [Midnight Ride Collection ]
Auction Info
Buyer's Premium per Lot:
15% of the successful bid (minimum $14) per lot.
Calculate Standard Domestic Shipping Sales Tax information
Terms and Conditions | Bidding Guidelines and Bid Increments | Glossary of Terms | Currency Grading Tutorial
Floor auctions
Open for bidding: (View All)Decorative Art
Ends on 01/28/2021
US Coins
Ends on 01/29/2021
Fine Art
Ends on 02/03/2021
Sports Collectibles
Ends on 02/04/2021
Jewelry & Timepieces
Ends on 02/05/2021
Luxury Accessories
Ends on 02/07/2021
US Coins
Ends on 02/09/2021
Fine Art
Ends on 02/10/2021
Decorative Art
Ends on 02/11/2021
Currency
Ends on 02/11/2021
US Coins
Ends on 02/15/2021
Fine Art
Ends on 02/17/2021
US Coins
Ends on 02/18/2021
US Coins
Ends on 02/22/2021
Currency
Opens about 01/25/2021
Fine Art
Opens about 02/03/2021
Photography
Opens about 02/03/2021
Fine Art
Opens about 02/05/2021
Historical
Opens about 02/08/2021
Sports Collectibles
Opens about 02/05/2021
World & Ancient Coins
Opens about 01/31/2021
Currency
Opens about 02/01/2021
Fine Art
Opens about 02/10/2021
Fine Art
Opens about 02/11/2021
Jewelry & Timepieces
Opens about 02/19/2021
US Coins
Opens about 02/08/2021
Photography
Opens about 02/17/2021
Fine Art
Opens about 02/18/2021
Decorative Art
Opens about 02/18/2021
Fine & Rare Wine
Opens about 02/19/2021
Western & Texas Art
Opens about 02/19/2021
Comics & Comic Art
Opens about 02/19/2021
US Coins
Opens about 02/12/2021
Decorative Art
Opens about 02/23/2021
US Coins
Opens about 02/26/2021
Fine Art
Opens about 02/24/2021
Nature & Science
Opens about 02/26/2021
World & Ancient Coins
Opens about 02/21/2021
US Coins
Opens about 02/15/2021
Luxury Real Estate
Opens about 01/22/2021
Fine Art
Opens about 03/03/2021
World & Ancient Coins
Opens about 03/01/2021
Jewelry & Timepieces
Opens about 03/11/2021
Comics & Comic Art
Opens about 02/25/2021
Heritage membership
- Past Auction Values (prices, photos, full descriptions, etc.)
- Bid online
- Free Collector newsletter
- Want List with instant e-mail notifications
- Reduced auction commissions when you resell your
winnings
- Cash Advances
- More Bidders
- Trusted Experts
- Over 200,000 Satisfied Consignors Since 1976
Learn about consigning with us
Thank you for your quick response. I am a member of Heritage Auctions and I am happy to say that it is truly a great platform.View More Testimonials
HA.com receives more traffic than any other auction house website. (Source: Similarweb.com)
Video tutorial
Getting the most out of search