May 10, 1775 $30 Continental Currency PCGS 55 (About New)

May 10, 1775 $30 Continental Currency PCGS 55 (About New)

This incredible May 10, 1775 $30 Continental Currency PCGS 55 (About New) is one of the oldest and most historic notes from the US. Printed by Hall and Sellers in PA, this Continental Currency note was produced with thick, rag paper with mica flakes and blue fibers. This first federally-issued paper money is graded by the esteemed PCGS as 55 (About New). Add this incredible piece of US history to your collection with your purchase of this May 10, 1775 $30 Continental Currency PCGS 55 (About New) from Bullion Exchanges.

Before the start of the US, Continental Currency was authorized for use on May 10, 1775. This issuance marked the beginning of paper currency issued at the federal level, and this was the highest denomination note at the time. Additionally, this Continental Currency helped fund the American Revolution beginning in 1775. These notes ultimately became a failure, however, due to runaway inflation. The notes did not bear interest and were issued as a promise to the owner to fulfill the paper currency alongside the colonial paper issued by individual colonies. The Continental Currency failure temporarily halted the transition to paper currency in the US until the start of the Civil War in 1861.

The obverse of this Continental Currency note displays a seal and a promise to fulfill a receipt of thirty Spanish-milled dollars or in gold or silver. The note also bears the signatures in red and brown ink. The seal includes a wreath on a tomb and the words “Si Recte Facies”, a phrase that translates to “If you act righteously.”

The reverse showcases an intricate border with the face value, location of printing, and dual vignette with Latin mottos. The left side vignette shows a field with a strong-blowing wind, and the right side has the sun shining over the calm sea. The full motto on this left side reads “VI CONCITATÆ” (driven by force), and the right side says “CESSANTE VENTO CONQUIESCEMUS” (When the wind subsides, we shall rest). These two vignettes portray two sides to the war with England: that the colonies were forced into it, and they would reunite after the conflict passed.

Product Features:

• Graded PCGS 55 (About New)
• Produced by the Colonial US Government
• Made with blue-fiber paper and mica flakes
• Face value of $30 Spanish milled dollars or the equivalent in gold and silver.
• Obverse: Features the promise to fulfill the bearer of the note with thirty Spanish milled dollars or the equivalent in gold or silver. Text: “THE UNITED COLONIES”, “Continental Currency”, “SI RECTE FACIES”, the wreath and tomb seal, face value, serial number, and two signatures in red and brown ink.
• Reverse: Bears an intricate border around the face value. Two vignettes side by side showcase a wind-strewn field and the ocean under a magnificent sun. Text: THIRTY DOLLARS”, “VI CONCITATÆ”, “CESSANTE VENTO CONQUIESCEMUS”, and “Philadelphia: Printed by Hall and Sellers”.

Bullion Exchanges is happy to provide investors with the opportunity to purchase historical notes. This May 10, 1775 $30 Continental Currency PCGS 55 (About New) is a piece that tells a unique history of the US. For more historic US banknotes, take a look at the February 17, 1776 $1 Continental Currency PMG VF 30, 1934 $100 Federal Reserve Note Richmond Julian Morgenthau PMG Gem Unc 65 EPQ, and 1934 $1000 Federal Reserve Note Chicago Julian Morgenthau PMG NET VF 35. When you purchase from Bullion Exchanges today, we will securely package and ship your purchase to you. If you have any questions or concerns, please contact our expert customer service team available to you during our business hours.