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November 2, 1776 $7

Image Information

Type Currency
Title November 2, 1776 $7
Date November 2, 1776
Country U.S.
/Catalog #
Service PCGS
Service Catalog # 5010520
Denomination $7

Continental Currency November 2, 1776 $7 Fr. CC-52. PCGS Very Choice New 64. This fifth resolution featured the same $2 to $30 denominations as the May 9, 1776, resolution. Additional fractional denominations were also authorized, but not issued due to the remaining supply of "Fugio" bills. The severe storm at sea emblem paired with the motto SERENABIT (It will be calm) is at the left. Franklin, in his Account, writes, "This seems designed to encourage the dejected ... who may be too sensible of present inconveniences, and fear their continuance." The nature-print back shows a buttercup. This pleasing Ben Levy-signed note is well margined and nicely printed, a fresh and natural example. Traditionally, Ben Levy has been collected as a Jewish signer, and his red signature is strongly accomplished on this example. This Levy-signed note is superior to the November 2, 1776, $4 note graded PCGS Choice New 63; we sold that note in Newman Part VI in April 2015 for $1,645. This example stands out as a type note and sharp-grade Levy signature example. Ex: Eric P. Newman Numismatic Education Society

From Newman VIII (Heritage Auctions, 11/2017), lot 28200, realized $1560. Image and description courtesy of Heritage Auctions,

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