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Continental currency was authorized on May 10, 1775 in a session of the Continental Congress and became the first federally issued paper money, predating the official birth of the United States by more than a full year. Continental currency is particularly historic because its issuance helped finance the American Revolution, which spanned from 1775 through 1783 and secured the United States as an independent nation. The notes were styled after Pennsylvania notes in use at that time and printed by Hall and Sellers in Philadelphia on thick rag paper with mica flakes and blue fibers manufactured by Ivy Mills in nearby Chester, Pennsylvania. The notes, which did not bear interest, were promises to pay the bearer and circulated alongside colonial paper currency issued by the individual colonies. While the notes promised payment to their bearers and were redeemed with the taxes collected by the individual colonies, the notes became virtually worthless after runaway inflation set in, causing many in the public to lose confidence in paper currency, giving rise to the phrase not worth a Continental. The dramatic devaluation of Continental currency did little to instill public confidence in paper currency, which the United States would not print again until the start of the Civil War in 1861.
Catalog Information
GSID:
65310
Variety:
Continental Currency
Coin Date:
Nov 29, 1775
Denomination:
$4
PCGS #:
CC14
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Subject: I would like to contribute catalog info to CDN for Nov 29, 1775 $4 Continental Currency (Fr. CC14)
Body: Referring page: http://beta.greysheet.com/prices/item/continental-currency-november-29-1775-four-dollars-friedberg-cc14/gsid/65310 GSID: 65310 Title: Nov 29, 1775 $4 Continental Currency (Fr. CC14)
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Bank Note Value History
Nov 29, 1775 $4 Continental Currency (Fr. CC14)
Value By Grade
Nov 29, 1775 $4 Continental Currency (Fr. CC14)
CPG (retail) values
Currency
Grade Range
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Pricing
Values
Greensheet & CPG® Values
| Grade | CPG Value (Retail) | Greensheet Value (Wholesale) |
|---|---|---|
| MS65 | $3,750 | $1,234 |
| MS63 | $1,950 | $1,234 |
| MS60 | $1,234 | $1,234 |
| AU58 | $1,234 | $1,234 |
| AU55 | $1,234 | $1,234 |
| AU53 | $1,234 | $1,234 |
| AU50 | $1,234 | $1,234 |
| XF45 | $1,234 | $1,234 |
| XF40 | $1,234 | $1,234 |
| VF35 | $1,234 | $1,234 |
| VF20 | $1,234 | $1,234 |
| F15 | $1,234 | $1,234 |
| F12 | $1,234 | $1,234 |
| VG10 | $1,234 | $1,234 |
| VG8 | $1,234 | $1,234 |
Nov 29, 1775 $1 Continental Currency (Fr. CC11)
Worth: $125 – $6,000
Nov 29, 1775 $2 Continental Currency (Fr. CC12)
Worth: $125 – $4,000
Nov 29, 1775 $3 Continental Currency (Fr. CC13)
Worth: $100 – $1,800
Nov 29, 1775 $5 Continental Currency (Fr. CC15)
Worth: $100 – $1,750
Nov 29, 1775 $6 Continental Currency (Fr. CC16)
Worth: $100 – $3,200
Nov 29, 1775 $7 Continental Currency (Fr. CC17)
Worth: $100 – $3,000
Nov 29, 1775 $8 Continental Currency (Fr. CC18)
Worth: $100 – $5,000
CC-14. Continental Currency. November 29, 1775. $4. PCGS Banknote Choice Very Fine 35.
$390
Continental Currency November 29, 1775 $4 PMG Very Good 10. ...
$189
Continental Currency November 29, 1775 $4 PMG About Uncirculated 55. ...
$500
Continental Currency November 29, 1775 $4 PMG Choice About Unc 58 EPQ. ...
$1,159
Continental Currency November 29, 1775 $4 PMG Choice Fine 15....
$240
CC-14. Continental Currency. November 29, 1775. $4. PMG Extremely Fine 40 EPQ.
$720
Continental Currency November 29, 1775 $4 PMG Choice Extremely Fine 45....
$324
CC-14. Continental Currency. November 29, 1775. $4. PMG Choice Uncirculated 63 EPQ.
$2,040
Continental Currency November 29, 1775 $4 PMG About Uncirculated 50....
$492
Continental Currency November 29, 1775 $4 Blue Counterfeit Detector Note PMG About Uncirculated 53 Net....
$360
Continental Currency November 29, 1775 $4 PMG Very Fine 20....
$240
Continental Currency November 29, 1775 $4 PMG Very Fine 25. ...
$216
Continental Currency November 29, 1775 $4 PMG Very Fine 30. ...
$168
Continental Currency November 29, 1775 $4 PMG Choice Uncirculated 64 EPQ. ...
$780
Continental Currency November 29, 1775 $4 PMG Fine 12. ...
$104
CC-14. Continental Currency. November 29, 1775. $4. About Uncirculated.
$235
Continental Currency November 29, 1775 $4 Fr. CC-14. PCGS Gem New 66PPQ. ...
$3,055
Continental Currency November 29, 1775 $4 Counterfeit Detector PCGS Apparent New 60. ...
$104
Jonathan Bayard Smith Signed Continental Currency November 29, 1775 $4 PMG Choice Very Fine 35. ...
$384
CC-14. Continental Currency. November 29, 1775. $4. PMG Very Good 10.
$90
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