Colonial Valley Collection - Denomination Set
$1/3

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Note Details

Set Details
Note Description: Continental Currency
$1/3 February 17, 1776 Colonial Notes
Grade: 64
Country: US
Note Number: CC-20
Certification #: 1806122-069  
Owner: Colonial Valley Collection
Sets Competing: Colonial Valley Collection - Complete Set  Score: 1763
Colonial Valley Collection - One Per Emission  Score: 1763
Colonial Valley Collection - Denomination Set  Score: 1763
Colonial Valley Collection - 1776 Complete Set  Score: 1763
Date Added: 12/10/2019
Research: See PMG's Census Report for this Note

Owner's Description

The February 17, 1776 emission was authorized in Philadelphia, PA. The authorization provided for the emission of $4,000,000 in colonial bills. There are 12 denominations ranging from $1/6 to $8 a total of 3,182,613 bills were authorized.

Not surprisingly these are among the most common bills of the series. The fractional bills of the February 17,1776 emission account for about 13% of all graded continental bills. This is not surprising because there were 600,000 of each denomination authorized. The non-fractional denominations from this emission are more difficult to locate.

These popular bills feature Sundial with "Fugio" along with "Mind Your Business" logos on the face and a chain of 13 states on the back. The states are arranged with the northernmost state (Hew Hampshire), connecting the southernmost state (Georgia) with the logo, "We are One". This bill was signed by Issac Howell.

PMG has graded about one hundred and twenty five February 17, 1776, CC-20 bills with 20% receiving a grade of AU or better and 10% receiving an uncirculated grade. The February 17, 1776 $1/3 are the 99th rarest of the 102 bills in the series.

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