Colonial Valley Collection - One Per Emission
May 9 1776

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Note Details

Set Details
Note Description: Continental Currency
$7 May 9, 1776 Colonial Notes
Grade: 64
Country: US
Note Number: CC-37
Certification #: 8073016-004  
Owner: Colonial Valley Collection
Sets Competing: Colonial Valley Collection - Complete Set  Score: 1990
Colonial Valley Collection - One Per Emission  Score: 1990
Colonial Valley Collection - 1776 Type Set  Score: 1990
Colonial Valley Collection - 1776 Complete Set  Score: 1990
Date Added: 6/2/2020
Research: See PMG's Census Report for this Note

Owner's Description

The May 9, 1776 emission was authorized in Philadelphia, PA. The authorization provided for the emission of $5,000,000 in colonial bills. There were 139,889 bills of each of 8 denominations ranging from $1 to $8 authorized in the May 9, 1776 Emission; a total of 1,119,112 bills.

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". This bill was signed by Thomas Coombe and Samuel Morris.

Bills from this emission are generally available in all grades with about one third of the graded bills achieving a grade of AU or better.
PMG has graded about forty five May 9, 1776, CC-37 bills with 50% receiving a grade of AU or better and 10% receiving an uncirculated grade. The May 9, 1776 $7 are the 74th rarest of the 102 bills in the series.

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