Only Reported May 10, 1775 $1 Pink DetectorContinental Currency May 10, 1775 $1 Pink Counterfeit Detector Fr. CC-1DT. PCGS Extremely Fine 40 Apparent.
This is an important and possibly unique May 10, 1775 $1 pink paper counterfeit detector note. It is among the rarest of all Colonial detector notes including the May 10, 1775 $20 blue detector notes. These pink paper detector notes are a bit of a mystery because their great rarity has yielded few examples to study. The May 10, 1775 Session notes are the first Continental currency issue. There were ten denominations authorized. The $20 marbled paper notes were printed separately due their different size, unique style, and distinctive paper. The $30 notes from the session also had a unique character, with an unusual back featuring the two Benjamin Franklin motif emblems that were also used on the $20 notes. The eight other denominations, $1 to $8, were printed on eight-subject panes. This $1 pink detector is the only lower denomination we have observed from this plate array. Any other pink detector lower denominations are not confirmed. This is a "Partial Note; Missing Left Third" and so noted by grading. The back printing is also partially weak at the right. An important Continental Currency note and the sole confirmed example.
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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