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 $60 note features an emblem of the globe. This emblem is encircled by the Latin motto “DEUS REGNAT EXULTET TERRA” (God reigns, let the earth rejoice) (From Psalm 97). The reverse features a unique print of a bow. Extremely scarce contemporary counterfeit with only 29 graded by PMG. This was a very well done example, likely produced by the British with the mission of sinking the American economy. Lovely example with original paper and bright foraged signatures and a contemporary X cancel after facing some circulation. A historically significant note for any Continental collection.
Signers: Samuel Lyon, Robert Robert (Forgeries)
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 $60 note features an emblem of the globe. This emblem is encircled by the Latin motto “DEUS REGNAT EXULTET TERRA” (God reigns, let the earth rejoice) (From Psalm 97). The reverse features a unique print of a bow. Extremely scarce contemporary counterfeit with only 29 graded by PMG. This was a very well done example, likely produced by the British with the mission of sinking the American economy. Lovely example with original paper and bright foraged signatures and a contemporary X cancel after facing some circulation. A historically significant note for any Continental collection.
Signers: Samuel Lyon, Robert Robert (Forgeries)
