Colonial 1776 AU 55 PCGS $1 Continental Currency Pewter
CURRENCY variety struck in pewter. The planchet and surfaces are very attractive with the exception of a flaw at seven o'clock on the reverse. The devices are well defined. The obverse is nicely centered on the planchet while the reverse is rotated. The issuing of hard currency was looked upon as an important step for the Continental Congress. By taking this important step, the Continental Congress could kill two birds with one stone: prove to the world the national sovereignty and financial stability of the United Colonies; and provide real metallic backing for the paper Continental notes that were helping to fund the war effort. As an indelible link with the American Revolution, we suspect that this rare coin will appeal not only to advanced numismatists, but also to anyone with more than a passing interest in U.S. History. PCGS has certified seven coins at this level with 24 finer. This encapsulation features a green CAC hologram label, indicating the coin has met CAC's grading standards.
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