Continental Currency Fr#CC-63 May 20, 1777 $2 PMG 15 *Extremely Scarce*
The May 20, 1777 issue was the first series of Continental currency to use new boarder cuts reading “UNITED STATES” where previous issues read “UNITED COLONIES”. Due to extensive British counterfeiting, this entire issue was recalled by 1779. The extensive counterfeiting and recall of these bills resulted in the May 20, 1777 being one of the most scarce and sought after Continental issues today. With VF examples bringing $1500+ this very nice lower grade piece presents a good opportunity to own one of these elusive notes.
Signers: Charles Cist, J. Billmeyer
The May 20, 1777 issue was the first series of Continental currency to use new boarder cuts reading “UNITED STATES” where previous issues read “UNITED COLONIES”. Due to extensive British counterfeiting, this entire issue was recalled by 1779. The extensive counterfeiting and recall of these bills resulted in the May 20, 1777 being one of the most scarce and sought after Continental issues today. With VF examples bringing $1500+ this very nice lower grade piece presents a good opportunity to own one of these elusive notes.
Signers: Charles Cist, J. Billmeyer
The May 20, 1777 issue was the first series of Continental currency to use new boarder cuts reading “UNITED STATES” where previous issues read “UNITED COLONIES”. Due to extensive British counterfeiting, this entire issue was recalled by 1779. The extensive counterfeiting and recall of these bills resulted in the May 20, 1777 being one of the most scarce and sought after Continental issues today. With VF examples bringing $1500+ this very nice lower grade piece presents a good opportunity to own one of these elusive notes.
Signers: Charles Cist, J. Billmeyer
Date: May 20, 1777
Denomination: $2
Friedberg #: CC-63
State: Continental
Certification: PMG
Grade: 15
Comments: “Repaired, Foreign Substance”