How much is a 1776 Continental Currency dollar worth?
The anonymous buyer picked up a rare 1776 Continental dollar in June 2018 for just 56 cents but the coin has now been valued in the range of $97,500, according to the Professional Coin Grading Services (PCGS).
What are 1776 Continental Currency?
Continental Currency dollar coin
The Continental Currency dollar coin (also known as Continental dollar coin, Fugio dollar, or Franklin dollar) was the first pattern coin struck for the United States. The coins were minted in 1776 and examples were made on pewter, brass, and silver planchets….Continental Currency dollar coin.
| Obverse | |
|---|---|
| Design date | 1776 |
How did the continental dollars that were printed by the Continental Congress during the American Revolution become practically worthless?
Paper money that was printed during the Revolutionary War, which essentially became worthless because of the amount that was printed. Inflation made the dollars almost worthless.
What was the 1776 Continental currency coin made of?
Fortunately there are a few simple tests to find out. Familiarize yourself with the attributes of an authentic 1776 Continental Currency Coin. They were made of several materials, including silver, brass, and copper, but most were struck in tin. One side shows 13 linked rings, labeled for the original 13 colonies.
What is the Continental currency?
Definition of Continental currency 1 : the paper money issued by the Continental Congress during the American Revolution 2 : a series of early American pattern dollar-size coins, struck in pewter, silver, and brass and bearing on the obverse the legend “Continental Currency” and the date 1776
What is a 1776 gold coin of America?
Declaration of Independence Commemorative Gold Coin . The summer of 1776 was a defining time for the British colonies in America. Unfair taxation and intolerable acts of oppression at the hand of the English monarch, King George III, had lit the fuse ofrevolution. On June 7, the Continental Congress convened at what is now known as Independence Hall in Philadelphia and selected a committee to draft the most important document in American history: the Declaration of Independence.
What is a Continental Coin?
Continental coins. Introduced alongside the new Safe House on Day 2 of the Hoxton’s Housewarming Event are Continental coins, a specialized form of currency that players can earn and spend to acquire various upgrades.