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    Description

    Rare Contemporary Counterfeit

    Contemporary Counterfeit Rhode Island December 2, 1740 20s/£1 PCGS Apparent Choice About New 55.
    A rare number with the two different examples, including the piece in this lot, that we have handled over the years both being contemporary counterfeits. The 1740 issue was recalled in 1742 due to counterfeiting. Both genuine and counterfeit notes were rounded up in the following dragnet. You can thank a counterfeit case from long ago for preserving the evidence example in this lot, as penned at lower back is, "Recd. this bill of Doctor Stephen Tallman of Portsmouth in Bristole (sic) sometimes in October, 1741. [signed] Thomas Lawton." The counterfeiter of this note was Dr. Stephen Tallman, who was the brother-in-law of John Potter, one of the authorized signers of this issue. Dr. Tallman was arrested and tried, and although no direct connection was ever made, some suspicion fell on John Potter as a possible accomplice of his brother-in-law. The evil brother-in-law even used a forged "John Potter" signature on this counterfeit note. The apparent grade is for minor restorations and a small redrawn design on the face at top center, which is noticeable only when this attractive piece is backlit.


    Auction Info

    Auction Dates
    April, 2021
    21st-23rd Wednesday-Friday
    Bids + Registered Phone Bidders: 3
    Lot Tracking Activity: N/A
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