Continental Currency February 17, 1776 $2 Fr. CC-24. PCGS Choice About New 58PPQ. This is a gorgeous, low-denomination $2 note from the third resolution; these are rare in high grades. This resolution authorized $3,000,000 dollar-denominated notes, from $1 to $8, styled similarly to the November 29, 1775, notes. It also authorized $1,000,000 in fractional denomination \"Fugio\" notes. The face has nearly perfect balance. The depiction of grain being threshed by a flail accompanied by the motto TRIBULATIO DITAT (Affliction improves it) is at the right. Franklin writes, \"Many an unwarlike nation have been beaten into heroes by troublesome warlike neighbors.\" On the back, the perfectly centered nature print back shows sharply detailed raspberry and filbert leaves. Signed by Coats and Williams. This a \"sleeper\" rarity in high grade. We have only cataloged and sold one Uncirculated note, a PCGS Choice New 63PPQ, in January 2016 for $2,115. The next highest-grade notes were Choice About New 58PPQ , but they pale when compared to this well-centered example with deep inking, excellent margins, and originality. A premium example of the type and a perfect fit for any Continental set. Ex: Eric P. Newman Numismatic Education Society \n\n
From Newman VIII (Heritage Auctions, 11/2017), lot 28197, realized $1440. Image and description courtesy of Heritage Auctions, https://ha.com.
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