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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. [1] [2] The coins, which were designed by Benjamin Franklin, were minted in 1776 and examples were made on pewter, brass, and silver planchets. [3]
This is a list of Continental currency banknotes, which were printed from 1775 through 1779. 1775. Denomination Obverse ... February 17, 1776 [5] $ 1 ...
About 20 pewter continental dollars exist in mint condition, said PCGS. In 2008, a pewter continental dollar was auctioned for the record price of $264,500. In 2015, a silver continental dollar ...
The Continental Congress also issued paper money during the revolution — known as continental currency — to fund the war effort. To meet the monetary demands of the war, state and continental governments printed large amounts of currency, leading to rapid depreciation. By the end of the war, these paper notes became effectively worthless.
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From 1775 to 1779, the Continental Congress issued Continental currency banknotes. Then there was a period when the United States just used gold and silver, rather than paper currency. Then there was a period when the United States just used gold and silver, rather than paper currency.
As listed by the the U.S. Currency Education Program at money illustrations, the Counterfeit Detection Act of 1992, Public Law 102-550, in Section 411 of Title 31 of the Code of Federal Regulations , permits color illustrations of U.S. currency provided: