***Auction Highlight*** Continental Currency January
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***Auction Highlight*** Continental Currency January 14, 1779 $70 CC-101 Sig. G. Snowden & W.Gamble Grades Select CU. A very nice example of this final Continental Issue. This $70 denomination was produced only in this final issue and comes under considerable additional collector pressure for that reason, as it's needed for a denomination set. The margins come a bit close in a few spots, but they are primarily quite large, and the back is very well centere. Emissions totaling $95,051,695 payable in Spanish milled dollars, or the equivalent in gold or silver, were authorized by seven separate resolutions between January 14 and November 29, 1779. $50,000,000 of this was to be used to exchange the for the recall of the May 20, 1777 and April 11, 1778 issues. A new border cut used the legend "United States of North America" and on the reverse are a new series of leaf and cloth nature prints. Also emblems and mottos were cut in a smaller size and part of the emblem and left border of the obverse were printed in red with the remainder in black. Francis Hopkinson designed the new $35, $45, $70 and $80 bills (the last two replacing the $7 and $8), others designed the new $55 and $65 bills. Detector bills were printed in red and black on blue paper. By the date of this issue the Congress officially valued the currency at $7.42 in Contenental dollars for $1 in specie. Printed by Hall and Sellers Philadelphia The paper, made at Ivy Mills in Chester County, Pennsylvania, contained blue fibers and mica flakes. Denominations printed were the: $1, $2, $3, $4, $5, $20, $30, $35, $40, $45, $50, $55, $60, $65, $70 and $80.
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- 20%
***Auction Highlight*** Continental Currency January
Estimate $1,500 - $3,000
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