Continental Currency Fr#CC-85CT September 26, 1778 $50 PMG 53 *Counterfeit*

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Location: Colorado Springs, Colorado
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Item: 256692527258

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Return shipping will be paid by:Seller
All returns accepted:Returns Accepted
Item must be returned within:30 Days
Refund will be given as:Money Back
Denomination:$50
Circulated/Uncirculated:Circulated
Type:Colonial Currency
Certification Number:1961902-024
Grade:53
Certification:PMG

The September 26, 1778 issue featured new $50 and $60 denominations. It also marks high inflation in colonial times due to $75,000,000 in bills authorized and the release of these higher denominations. This $50 note features an emblem of a stepped pyramid of 13 levels which represents the unity of the 13 colonies. This emblem is encircled by the latin motto “PERENNIS” (Everlasting). The reverse features a unique print of arrows. Extremely scarce contemporary counterfeit with only 38 graded by PMG. Additionally, this was a very well done example, likely produced by the British with the mission of sinking the American economy. Interestingly, this note has a small butterfly fold error. Gorgeous near uncirculated example with bright crisp paper and high eye appeal. A historically significant note for any Continental collection. Signers: John Read, James Dundas Date: September 26, 1778 Denomination: $50 Friedberg #: CC-85CT State: Continental Certification: PMG Grade: 53 Comments: None

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