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Note Details

Set Details
Note Description: Continental Currency
$8 July 22, 1776 Colonial Notes
Grade: 64
Country: US
Note Number: CC-45
Certification #: 1525627-004  
Owner: Colonial Valley Collection
Sets Competing: Colonial Valley Collection - Complete Set  Score: 1823
Colonial Valley Collection - One Per Emission  Score: 1823
Colonial Valley Collection - 1776 Complete Set  Score: 1823
Date Added: 12/10/2019
Research: See PMG's Census Report for this Note

Owner's Description

The July 22, 1776 emission was authorized in Philadelphia, PA. The authorization provided for the emission of $5,000,000 in colonial bills. There were 83,611 bills of each of 8 denominations ranging from $2 to $8 and $30 authorized a total of 615, 384 bills.

This emission is another sleeper emission. Bills, especially the $2 and $3, are difficult to locate in higher grades. about one third of the bills submitted have received AU or better grades, but the total number evaluated by PMG is closer to the May 20, 1777 emission.

This bill features A harp with 13 strings of different sizes, representing the 13 colonies. The images is surrounded by the Latin motto, "MAJORA MINORIBUS CONSONANT" which translates to "The large colonies and the small colonies are in harmony". This bill was signed by John Sellers and Issac Pearson.

PMG has graded about twenty five July 22, 1776, CC-45 bills with 20% receiving a grade of AU or better and 10% receiving an uncirculated grade. The July 22, 1776 $8 are the 30th rarest of the 102 bills in the series.

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