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April 11, 1778 $40

Image Information

Type Currency
Title April 11, 1778 $40
Date April 11, 1778
Country U.S.
/Catalog #
Grade Gem New 66PPQ
Service PCGS
Denomination $40
Description Continental Currency April 11, 1778 $40 Yorktown Issue Fr. CC-78. PCGS Gem New 66PPQ. The $40 Yorktown series note is the first of that denomination used in the entire Continental Currency series, and it is the highest from the resolution; the larger denomination was necessary because of inflation. The note's emblem with the CONFEDERATION motto and the All Seeing Eye of Providence shining on 13 stars was developed by Declaration signer Francis Hopkinson. It is the only Uncirculated representative graded by PCGS, making it the top population example by far with the extraordinary designation. This exemplary note is bold and original, with deep, even printing clarity upon immaculate surfaces. The face margins are boardwalk width and the back margins are full. This is a fitting capstone to an extraordinary selection of Yorktown denominations from the Newman collection. Ex: Eric P. Newman Numismatic Education Society From Newman VII (Heritage Auctions, 10/2015, lot 18252), realized $8812.50. Description courtesy of Heritage Auctions.
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