1778 United Colonies $40 - Continental Currency - PCGS Choice UNC64PPQ
- Grading Service: Professional Coin Grading Service - PCGS
- Grade: Choice Uncirculated 64 Premium Paper Quality - CH UNC64PPQ
- Certification: 43207215
- Country: United Colonies
- Period: United States - Pre Federal
- Type: Standard Banknote
- Years: 1778
- Issue: September 26th, 1778
- Mint: Hall & Sellers - Philadelphia, Pennsylvania
- Denomination: 40 Dollars
- Composition: Paper
- Signature: Unknown
- Obverse: An emblem showing the rays of an all seeing eye shining down on what appears to be a sacrifical alter with a flame that is surrounded by thirteen stars, below is the motto: "Confederation"
- Reverse: A nature print of carrot leaves. Paper contains blue threads and mica flakes
- Reference: FR# CC-84
Continental Currency was the first federally issued paper money commencing with notes authorized by the May 10th, 1775 Session of the Continental Congress The issuance of these notes provided the financing that made the American Revolution possible. Continental notes were a promise to pay which bore no interest and were to be redeemed with taxes levied by the individual United Colonies. The notes circulated concurrently with colonial paper currency issued by the individual colonies. This issuance formed a medium of exchange to finance the Revolutionary War.
*Currency condition is based on our professional opinion. Pictures are representative of the note that you will receive, actual note may differ slightly, and serial numbers may vary*