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Auction Name: 2021 June 24 - 25 The Mike Coltrane Collection Part 2 Currency Signature Auction - Dallas

Lot Number: 20320

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Newark, (New Jersey) - First Presbyterian Church in Newark Undated (December 16, 1790) 1 Penny Newman page 266, Wait 1407 PCGS Very Fine 25.
Prior to the establishment of the United States, small change needs were often taken care of with small format paper scrip. This church change bill series has a style similar to the nearby Borough of Elizabeth notes, also printed by S. Kollock. This denomination is undated. Typeset with an ornamental border on both face and back. The denomination is across the back with title above and location below. Signed by Elias Boudinot, who would eventually become the third Director of the United States Mint. A clean note with an exceptionally vibrant back. Ex: our Newman Part 3 Internet sale, lot 89142; Eric P. Newman Numismatic Education Society.
From The Mike Coltrane Collection.

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