Issue of July 22, 1776

The Greysheet Catalog (GSID) of the Issue of July 22, 1776 series of Continental Currency in the U.S. Currency contains 8 distinct entries with CPG^® values between $40.00 and $5,000.00.

$5,000,000 in Continental Currency was authorized by the Resolutions of July 22, 1776 and Aug. 13, 1776 in the same style as the Nov. 29, 1775 issue. The elimination of the $1 denomination was apparently done in contemplation of coinage of 1776 Continental Dollars in silver. A $30 denomination in the same style as the $30 of the May 10, 1775 issue was substituted in the printing form in lieu of the $1 bill. The B in the motto of the $5 denomination was originally engraved backwards and then corrected, causing it to appear as an H in this and the next two issues. Counterfeit detector sheets are on blue paper.