Colonial Valley Collection - One Per Emission
November 2 1776

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Note Details

Set Details
Note Description: Continental Currency
$7 November 2, 1776 Colonial Notes
Grade: 64
Country: US
Note Number: CC-52
Certification #: 8012798-019  
Owner: Colonial Valley Collection
Sets Competing: Colonial Valley Collection - One Per Emission  Score: 1500
Colonial Valley Collection - Complete Set  Score: 1500
Colonial Valley Collection - 1776 Complete Set  Score: 1500
Date Added: 9/25/2019
Research: See PMG's Census Report for this Note

Owner's Description

The November 2, 1776 emission was authorized in Philadelphia, PA. The authorization provided for the emission of $5,000,000 in colonial bills. There were 76,923 bills of each of 8 denominations ranging from $2 to $8 and $30 authorized; a total of 651,3848 bills.

This emission is the 5th scarcest in terms of graded bills, but AU and UNC bills do exist. With around 200 graded by PMG it is 3-4 times less common than the top three emissions.

This bill has an image of a severe storm at sea on the face along with the Latin motto, "SERENABIT" which translates to English as "It will be calm". Only the signature of Joshua Barney is readable on this bill.

PMG has graded about thirty November 2, 1776, CC-52 bills with 60% receiving a grade of AU or better and 20% receiving an uncirculated grade. The November 2, 1776 $7 are the 51st rarest of the 102 bills in the series.

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