***Auction Highlight*** Continental Currency July 22,
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Description
***Auction Highlight*** Continental Currency July 22, 1776 $7 Fr-CC44 Sig. Jno. Ord & Wm. Webb Grades Choice AU/BU Slider. The July 1776 issue is likely third in scarcity behind the April 1778 Yorktown issue and the May 1777 issue. An emission totaling $5,000,000 payable in Spanish milled dollars, or the equivalent in gold or silver, was authorized by the Continental Congress resolutions of July 22 and August 13th, 1776. The issue is similar to that of the November 29, 1775 issue except there was no $1 denomination. Apparently this was to be replaced by the Continental Currency coin. It was replaced by a $30 bill similar to that of May 10, 1775. Printed by Hall and Sellers in Philadelphia. The paper, made at Ivy Mills in Chester County, Pennsylvania, contained blue fibers and mica flakes. Detector bills were printed on blue paper. Denominations include the: $2, $3, $4, $5, $6, $7, $8 and $30.
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***Auction Highlight*** Continental Currency July 22,
Estimate $545 - $1,090
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