The May 20, 1777 issue was the first series of Continental Currency to use new border 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, especially for genuine bills like this. The populations of this issue rival the 4/11/1778 Yorktown issue at a fraction of the price. This $7 note features an emblem of a severe storm at sea. This emblem is encircled by the Latin motto “SERENABIT” (It will be calm). The reverse features nature print of buttercup leaf. Lovely problem free example with an original appeal. Incredibly scarce note with a fraction of the population of most Continental issues and usually one of the biggest hurdles in completing a Continental set. The quality of this example for the grade is reenforced by the GCC Grading evergreen sticker.
Signers: James Claypoole, …
The May 20, 1777 issue was the first series of Continental Currency to use new border 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, especially for genuine bills like this. The populations of this issue rival the 4/11/1778 Yorktown issue at a fraction of the price. This $7 note features an emblem of a severe storm at sea. This emblem is encircled by the Latin motto “SERENABIT” (It will be calm). The reverse features nature print of buttercup leaf. Lovely problem free example with an original appeal. Incredibly scarce note with a fraction of the population of most Continental issues and usually one of the biggest hurdles in completing a Continental set. The quality of this example for the grade is reenforced by the GCC Grading evergreen sticker.
Signers: James Claypoole, …
Date: May 20, 1777
Denomination: $7
Friedberg #: CC-68
State: Continental
Certification: PCGS & GCC
Grade: Very Fine 20, GCC Green
Comments: None
