Auction: 344 - The Numismatic Collector's Series Sale at Grand Hyatt, NY INC
Lot: 1771
Continental Currency, A Trio of 1778 Contemporary Counterfeit Notes. CC-78CT, April 11, 1778, $40, Yorktown, PCGS Choice About New 58 Apparent, Edge Tear at Bottom Right; CC85CT, September 26, 1778, $50, Very Fine 25 Net Corners Retouched; CC-86CT, September 26, 1778, $60, PMG About Uncirculated EPQ. During the Revolutionary War the British conducted a counterfeiting operation from a ship anchored in New York harbor. This economic warfare helped contribute to the rampent inflation that prevailed at the end of the war.
Sold for
$450