***Auction Highlight*** Continental Currency September
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Description
***Auction Highlight*** Continental Currency September 26th, 1778 $20 Fr-CC82 Sig T. Nevell Grades Choice AU. Driven by force, VI CONCITATE, is the motto on this lovely About New $20 Continental. The emblem is waves being created by a strong wind. The note is well signed, decently margined. Emissions totaling $75,001,080 payable in Spanish milled dollars, or the equivalent in gold or silver, were authorized by nine separate resolutions between September 26, 1778 and July 17, 1779. A large portion was authorized and issued simultaneously with the issue of January 14, 1779. This emission was the first issue of the Continental $50 and $60 denominations which were designed by Francis Hopkinson. The entire series has new nature prints on the reverse as well as new typeset ornamental borders. By the date of this issue the Congress officially valued the currency at $4.00 in Contenental dollars for $1 in specie. 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 printed were the: $5, $7, $8, $20, $30, $40, $50 and $60.
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***Auction Highlight*** Continental Currency September
Estimate $256 - $512
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