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    Possibly Unique Burlington "U.S.A" Private Scrip Note

    City of Burlington, (New Jersey) "U.S.A." - James Craft, "I Promise to pay the Bearer..." 2 Pence October 11, 1776 Newman page 262, Wait 245. PCGS Very Fine 35 Apparent.
    The private and municipal change notes comprise an interesting and less studied area of Colonial currency. They form a fascinating genre of "paper coins," and are eminently collectible with Colonial coins listed in the "Red Book." This is an exceedingly rare and possibly unique Revolutionary War period private scrip note. It is the Newman plate note, illustrated on page 262 of the 5th edition. The issuer was not in the James DuPont Collection; that definitive collection of Colonial era private issuer notes was auctioned by R.M. Smythe & Co. in two sales in 1993. Printed on laid paper. Contained within a floral pattern border are: the typeset obligation across, TWO PENCE above and U.S.A. below. Four Latin mottoes are inside the border. From left clockwise: NIL DESPERANDUM. (Never lose hope), HONI. SOIT. QUI. MAL. Y. PENSE. (Evil to him who evil thinks), SERANABIT. (It will be calm), and along the bottom PRO. BONO. PUBLICO. (For the public good). The use of "U.S.A" is very interesting on a private scrip note. Noted with a "Missing LL Corner Tip." A very bright example with a well-accomplished signature.
    Ex: Eric P. Newman Numismatic Education Society.


    Auction Info

    Auction Dates
    May, 2016
    4th Wednesday
    Internet/Mail Bids: 14
    Lot Tracking Activity: N/A
    Page Views: 332

    Buyer's Premium per Lot:
    17.5% of the successful bid (minimum $14) per lot.

    Truth Seeker: The Life of Eric P. Newman (softcover)
    A powerful and intimidating dealer of the 1960s, backed by important colleagues, was accused of selling fraudulent gold coins and ingots to unsuspecting numismatists. Who would go up against a man like that and, over the course of decades, prove the fraud? Who would expose a widely respected scholar as a thief, then doggedly pursue recovery of coins that the scholar had stolen from an embarrassed numismatic organization, all over the objections of influential collectors who had bought coins with clouded titles? Eric P. Newman would - and did. Reserve your copy today.
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