Description

    Extremely Rare Pink Continental Currency Counterfeit Detector

    Continental Currency May 10, 1775 $30 Pink Counterfeit Detector PCGS Choice About New 58.
    This cataloger has been writing Continental and Colonial currency for 50-plus years and had never handled a Pink Detector note until last year. In our Long Beach Auction, we sold a PCGS 53 example for $5400 with the following description: "Counterfeit Detectors were printed from the same plates as the genuine notes. They were prepared to distribute to merchants and financial institutions so that they could compare notes that they received in the normal course of business to the detector notes to determine genuineness. As a deterrent to prevent detectors from being signed, numbered, and spent, they were printed on colored paper, almost always blue. A very few detectors were printed on pinkish paper, which was actually close in color to the normal paper but with thousands of small pink fibers manufactured in, to give it a pinkish cast. This is the first example that HCAA or our predecessor company CAA has ever handled. It is in fact only the second example that this cataloger has ever seen. We are aware of one other that we have not seen; all three examples are $30 detectors from the May 10, 1775 issue. It appears from the existence of a half sheet that the $1 to $8 denominations of this first issue of Continentals were produced in the normal blue. The $30 denomination was produced separately and the paper used for these was this pink tinted paper. Certainly a subject for future research; but beyond a doubt extremely rare." This note, which is ex-Ford Part VIII from Stacks January 2005 sale, is the second note mentioned in the previous description. It is slightly higher in grade but identical to last fall's piece in every other respect.


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    Auction Dates
    January, 2016
    6th-12th Wednesday-Tuesday
    Bids + Registered Phone Bidders: 1
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