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Continental Currency. April 11, 1778 Yorktown Issue $40 Newman 1.1 Contemporary Counterfeit Fr. CC-78CF. PCGS About New 53....
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Description
Choice April 11, 1778 $40 Counterfeit-Newman Plate Note
Continental Currency. April 11, 1778 Yorktown Issue $40 Newman
1.1 Contemporary Counterfeit Fr. CC-78CF. PCGS About New
53.Counterfeiting of this type was very widespread, and there are four identified Newman plate types. No. 12724. Printed on thin paper. The Newman plate note, illustrated on page 465 in the appendix.
Diagnostics:
Newman 1.1: Engraved. This is the second April 11, 1778, $40 described in the Official Broadside.
On the face: In the top border, the right side of the U does not reach verticality. Also, the left upright of A in STATES is thicker than the right upright. In the text, the baseline of re in receive is far below the baseline of the preceding to. The baseline of th in thereof is much lower than the baseline of ue in Value. The baseline of thereof slants upward to the right. The top of the second long s in passed is higher than the top of the first long s.
On the back: The second L in DOLLARS does not touch the ornament above it. The nature print background is crudely crosshatched to give it an amateurish mesh-like effect.
Very well-printed on both sides. A significant Newman plate note in very sharp condition.
Ex: Eric P. Newman Numismatic Education Society
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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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