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1779 Continental Thirty Dollar Note

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Author Previous TopicReplies: 11 / Views: 2,293Next Topic  
Valued Member
Monnaie's Avatar
United States
125 Posts
 Posted 07/13/2016  8:34 pm Show Profile   Bookmark this topic Add Monnaie to your friends list Get a Link to this Message Number of Subscribers
Hi! I found this note while going through my parents' things, and I'm trying to decide what to do with it.

In your view, how would it grade?



1779-Continental-Thirty-Dollar-Note



1779-Continental-Thirty-Dollar-Note
Rest in Peace
Parklane64's Avatar
United States
2668 Posts
 Posted 07/13/2016  11:36 pm  Show Profile   Bookmark this reply Add Parklane64 to your friends list Get a Link to this Reply
I am ignorant of this area of collecting, but I like it - nothing raising a red flag.

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SteveInTampa's Avatar
United States
4637 Posts
 Posted 07/14/2016  06:59 am  Show Profile   Bookmark this reply Add SteveInTampa to your friends list Get a Link to this Reply
Not rare, but a cool note. Yours appears to be in Fine condition.
About half of the examples I found were graded, and the other half raw.

Here are some to compare with yours...some sheets too.

http://currency.ha.com/c/search-res...&limitTo=all
Edited by SteveInTampa
07/14/2016 07:01 am
Valued Member
Monnaie's Avatar
United States
125 Posts
 Posted 07/15/2016  11:54 am  Show Profile   Bookmark this reply Add Monnaie to your friends list Get a Link to this Reply
Thanks for your assessments. I decided to submit it for grading by PMG, and I'll let you know what they say!
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Coinfrog's Avatar
United States
94367 Posts
 Posted 07/15/2016  5:19 pm  Show Profile   Bookmark this reply Add Coinfrog to your friends list Get a Link to this Reply
Think of what $30 was worth in 1779!
Valued Member
Monnaie's Avatar
United States
125 Posts
 Posted 07/18/2016  3:01 pm  Show Profile   Bookmark this reply Add Monnaie to your friends list Get a Link to this Reply
Good question, and I was curious enough to do some googling!

According to one site I found, in terms of buying power, $30 equates to $585 dollars today. I thought it would be worth a lot more. I tried to attach the link but it didn't work.

If you use the "purchasing power" link on the left of this site's home page, you get $601: https://www.measuringworth.com/
Edited by Monnaie
07/18/2016 3:08 pm
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TypeCoin971793's Avatar
United States
6370 Posts
 Posted 07/19/2016  4:28 pm  Show Profile   Bookmark this reply Add TypeCoin971793 to your friends list Get a Link to this Reply
But this was an inflation note, so it was basically worthless back in 1779.
Valued Member
Monnaie's Avatar
United States
125 Posts
 Posted 08/30/2016  4:20 pm  Show Profile   Bookmark this reply Add Monnaie to your friends list Get a Link to this Reply
Just to circle back around...PMG graded it Choice Very Fine / 35....better than I expected.

1779-Continental-Thirty-Dollar-Note
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IndianGoldEagle's Avatar
United States
36905 Posts
 Posted 09/01/2016  08:57 am  Show Profile   Bookmark this reply Add IndianGoldEagle to your friends list Get a Link to this Reply
Wow, that grade came in a lot higher than I would have expected. Nice note.
Valued Member
Monnaie's Avatar
United States
125 Posts
 Posted 09/01/2016  5:56 pm  Show Profile   Bookmark this reply Add Monnaie to your friends list Get a Link to this Reply
I get the feeling that grades might be somewhat related to the quality of the competition
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SteveInTampa's Avatar
United States
4637 Posts
 Posted 09/01/2016  6:41 pm  Show Profile   Bookmark this reply Add SteveInTampa to your friends list Get a Link to this Reply

Quote:
Wow, that grade came in a lot higher than I would have expected.


I tend to agree with this.

I'm also curious on the description written on the back of the PMG holder.
Valued Member
Monnaie's Avatar
United States
125 Posts
 Posted 09/01/2016  9:34 pm  Show Profile   Bookmark this reply Add Monnaie to your friends list Get a Link to this Reply
It says "splits".
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