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Image Information

Type Currency
Title $5
Date August 8, 1778
Country United States
Grade Extremely Fine 40PPQ
Service PCGS
Denomination $5
Description North Carolina August 8, 1778 $5 Independence Fr. NC-176b. PCGS Extremely Fine 40 PPQ. This series has multiple denominations from $1/8 to $100, and numerous motto varieties depending on the denomination. The $5 INDEPENDENCE is considered unique, and it was not intended to be issued. The motto was used on the $1/4 and $10 notes from the issue date showing the same borders. The only difference was the $5 denomination. To our knowledge, the Newman Collection note is the only example, and it is in choice condition. The note type eluded even F.C.C. Boyd. There is one light fold and some handling, otherwise this looks as made. It is always difficult to accurately evaluate the unique, and the winning bidder will determine the price. Ex: Eric P. Newman Numismatic Education Society. Realized $8,812.50. Newman VI (Heritage Auctions, 4/2015), lot 19524. Description courtesy of Heritage Auctions.
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