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$8 Bill Pennsylvania 1775

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hajduk's Avatar
Germany
645 Posts
 Posted 05/01/2014  05:40 am Show Profile   Bookmark this topic Add hajduk to your friends list Get a Link to this Message Number of Subscribers
Hello,
A question again.
Yesterday I saw a 1775 $8 Pennsylvania bill in VF condition.
The dealer offered this bill for $155.
Is this a good, fair price?
Unfortunately I have no pics.
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amida17's Avatar
United States
4897 Posts
 Posted 05/01/2014  11:04 am  Show Profile   Bookmark this reply Add amida17 to your friends list Get a Link to this Reply
I would say that if it is any less than XF it is too highly priced.
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hajduk's Avatar
Germany
645 Posts
 Posted 05/01/2014  11:19 am  Show Profile   Bookmark this reply Add hajduk to your friends list Get a Link to this Reply
Hello amida17,
Thank you for the answer.
This bill is a nice VF ( 25-30 )not better.
What do you think is a good price for me as collector?
Again Thanks...
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amida17's Avatar
United States
4897 Posts
 Posted 05/01/2014  11:28 am  Show Profile   Bookmark this reply Add amida17 to your friends list Get a Link to this Reply
I think $100 - $120 would be fair. Personally I would not go much over $100 if it is raw....up to $120 if it is TPG'd VF.
Edited by amida17
05/01/2014 11:30 am
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hajduk's Avatar
Germany
645 Posts
 Posted 05/01/2014  11:31 am  Show Profile   Bookmark this reply Add hajduk to your friends list Get a Link to this Reply
Super, Thank you.
Perhaps I can get him for this price.
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philadelphian's Avatar
United States
3253 Posts
 Posted 05/02/2014  3:35 pm  Show Profile   Bookmark this reply Add philadelphian to your friends list Get a Link to this Reply
Do you mean a Continental Currency $8 note? Post a pic if/when you can!
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hajduk's Avatar
Germany
645 Posts
 Posted 05/02/2014  4:34 pm  Show Profile   Bookmark this reply Add hajduk to your friends list Get a Link to this Reply
Hi philadelphian,
yes, I mean this Continental bill.
He is the same like this one, only in better condition.
The paper edges are sharp and and the signatures are clearly visible.
A significant center fold is the biggest problem.
The paper (cardboard) is still very strong
Unfortunately I can not get pictures.
http://www.ebay.de/itm/301167225473...RK:MEBIDX:IT
Edited by hajduk
05/02/2014 4:43 pm
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philadelphian's Avatar
United States
3253 Posts
 Posted 05/02/2014  6:46 pm  Show Profile   Bookmark this reply Add philadelphian to your friends list Get a Link to this Reply
I thought so. The colonial paper money of Pennsylvania was all in pounds, shillings, and pence.
Is the note in question May 10, or November 29? And who are the signers? Might make a difference.
Edited by philadelphian
05/02/2014 6:48 pm
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John1's Avatar
United States
56855 Posts
 Posted 05/02/2014  7:02 pm  Show Profile   Bookmark this reply Add John1 to your friends list Get a Link to this Reply
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philadelphian's Avatar
United States
3253 Posts
 Posted 05/02/2014  9:50 pm  Show Profile   Bookmark this reply Add philadelphian to your friends list Get a Link to this Reply
If I may, Franklin's motivation of his design of the $8 Continental Currency note, in his own words:

Quote:
On one denomination of the bills there is the figure of a harp, with this motto, MAJORA MINORIBUS CONSONANT; literally, The greater and smaller ones sound together. As the harp is an instrument composed of great and small strings, included in a strong frame, and all so tuned as to agree in concord with each other, I conceive that the frame may be intended to represent our new government by a Continental Congress; and the strings of different lengths and substance, either the several colonies of different weight and force, or the various ranks of people in all of them, who are now united by that government in the most perfect harmony.
Edited by philadelphian
05/03/2014 07:26 am
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hajduk's Avatar
Germany
645 Posts
 Posted 05/03/2014  08:43 am  Show Profile   Bookmark this reply Add hajduk to your friends list Get a Link to this Reply
I hope to get pictures next week.
As soon as I have pictures I will show them.
My first thoughts on the harp, and the number of strings:
I thought at the strings of the harp to the 13 founding states.
The tool frame, is required so that the strings can harmonize together.
I find the harp with its 13 pages was a very good idea, very logical, very American.
philadelphian,
Thanks for any information. That is very interesting.
And the harp shows us, money talks, money is culture...
Our hobby is so interesting.
Sorry for my bad English.

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hajduk's Avatar
Germany
645 Posts
 Posted 05/09/2014  12:42 pm  Show Profile   Bookmark this reply Add hajduk to your friends list Get a Link to this Reply
Today I got some pics.


$8-Bill-Pennsylvania-1775

$8-Bill-Pennsylvania-1775
New Member
United States
40 Posts
 Posted 05/12/2014  12:38 am  Show Profile   Bookmark this reply Add CorkscrewCollection to your friends list Get a Link to this Reply
Very nice
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philadelphian's Avatar
United States
3253 Posts
 Posted 05/12/2014  8:05 pm  Show Profile   Bookmark this reply Add philadelphian to your friends list Get a Link to this Reply
The $8 is signed by John Purviance and John Mease, the $7 by Samuel Massey and James Ash.
Both Purviance and Mease were managers of the national lottery, a scheme dreamed up by the Continental Congress in 1775, which ended up losing a great deal of money for the new nation, rather than helping to fund the war effort, largely because of the rapid devaluation of the Continental Currency these men were signing:
http://www3.nd.edu/~rarebook/coins/...descrip.html
Edited by philadelphian
05/12/2014 8:22 pm
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hajduk's Avatar
Germany
645 Posts
 Posted 05/12/2014  8:22 pm  Show Profile   Bookmark this reply Add hajduk to your friends list Get a Link to this Reply
Hi philadelphian,
Thanks for the information.
What do you think about the value for this bills?
Again Thanks
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Joe2007's Avatar
United States
3843 Posts
 Posted 05/12/2014  9:10 pm  Show Profile   Bookmark this reply Add Joe2007 to your friends list Get a Link to this Reply
Neat! The price doesn't seem to be bad at all compared to similar notes on ebay.
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