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    Description

    Scarce May 10, 1775 $30 Counterfeit

    Continental Currency. May 10, 1775 $30 Newman 1.1 Contemporary Counterfeit Fr. CC-10CF. PCGS Very Fine 20.
    A pleasing example of the scarce Newman 1.1 $30 counterfeit. No. 1013. Printed on thick paper.
    Diagnostics:

    Newman 1.1: Engraved. Plates cut by Henry Dawkins. This is the first instance of this innovative type of economic warfare.
    On the face: In the text, the top of the R in THIRTY is open. The baselines of DOLLARS and Value slant down to the right. The period after 1775 is too low compared to that on the genuine bill. Note that it is below the top of the lower curve of the 5 instead of partially above that curve. In the motto, CIES of FACIES is closer to the outside circle than to the inside circle.
    On the back: The AR in DOLLARS does not touch at the very top. The ship in the distance in the right vignette does not touch the sun's rays. The last s in Sellers slants much too far to the right.

    Some modest surface soiling is seen, but this is a pleasing example overall. Historically important as the first instance of economic warfare via paper currency.
    Ex: Eric P. Newman Numismatic Education Society


    Auction Info

    Auction Dates
    November, 2018
    7th-10th Wednesday-Saturday
    Internet/Mail Bids: 7
    Lot Tracking Activity: N/A
    Page Views: 97

    Buyer's Premium per Lot:
    20% of the successful bid (minimum $19) 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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