HILLEGAS DOUBLE-SIGNED GEORGIA FOURTH BILL-UNCONFIRMED IN ANDERSONUnited States of America - Continental Loan Office in the State of "Georgia" Exchange for $120/600 Livres Tournois Fourth Bill, Payable at Paris April 13, 1782 Anderson-Smythe US-100-3B. PCGS Very Fine 25 Apparent.
An exceedingly rare and important Georgia "Livres Tournois" certificate, issued later than most Continental Loan Office certificates. This is a distinct type with differences from the earlier Livres Tournois forms. Though this is a Fourth Bill, it met with some heavy handling. In addition to this certificate being from a location not confirmed in the Anderson-Smythe catalog, it is also signed twice by Michael Hillegas: once as "Cont. Treas'r in behalf of the" Commissioners of the State of Georgia (that is, there is no Georgia Treasurer signature), and also as "Treas'r" at the lower right. Printed on laid paper, watermarked "United States 4." 20.0 cm by 9.8 cm. The style is similar to the previous, but printed nearly entirely in olive green, with all texts, right ornamentation, and engraved partial date "178_" in color. The indented left end, top, and "Treasr. of Loans" are printed in black. Serial No. 1344. Issued to Daniel McMurphy. Signed by Michael Hillegas twice as noted earlier, and endorsed by McMurphy on the back. A fascinating Federal instrument from the Newman Collection. It acted immediately on behalf of the state, because it was guaranteed directly through Treasurer Hillegas' office, for the assumption of interest due on the money borrowed by the United States. Noted with "Ink Erosion and Hinge Repairs; Small Edge Tears." Though there are faults, it still maintains excellent color, and both Hillegas signatures are strong. A key example for the American fiscal paper specialist.
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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