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    Description

    Newman 1.1 April 11, 1778 $40 Counterfeit

    Continental Currency. April 11, 1778 Yorktown Issue $40 Newman 1.1 Contemporary Counterfeit Fr. CC-78CF. PCGS About New 50.
    A classic Yorktown issue counterfeit type. No. 13257. Printed on thin paper.

    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.


    Generally a bright example. High grade with light handling.
    Ex: Eric P. Newman Numismatic Education Society


    Auction Info

    Auction Dates
    November, 2018
    7th-10th Wednesday-Saturday
    Internet/Mail Bids: 6
    Lot Tracking Activity: N/A
    Page Views: 49

    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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