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    Face-Endorsed April 11, 1778 $40 Counterfeit

    Continental Currency. April 11, 1778 Yorktown Issue $40 Newman 2.1 Contemporary Counterfeit Fr. CC-78CF. PCGS Very Fine 25.
    An interesting Yorktown counterfeit, contemporarily endorsed on the face as "Counterfeit." No. 14417. Printed on thin paper.


    Newman 2.1: Engraved. This is the first April 11, 1778, $40 described in the Official Broadside.

    On the face: To the right of the serial number, the top of the r in Forty is level with the preceding o. In the text, the top of the s in entitles is too high. In the second or, the base of the r is below the base of the o. In 11 of the date, the top of the first 1 is lower than the top of the second 1.

    On the back: The top left serif of the H in Hall points downward at its end. In the nature print, the two outside engraved lines of the main branch have been too deeply and widely engraved, resulting in all three lines of the main branch being printed equally dark and wide. There are five pairs of leaves attached to the main branch, but the bottom pair is muddled. This muddling likely explains the Official Broadside statement that this counterfeit had only four pairs of leaves attached to the main branch.

    Noted as "Pen Cancelled," vertically to the right of the emblem. Extremely rare with this type of condemning endorsement.
    Ex: Eric P. Newman Numismatic Education Society

    Auction Info

    Auction Dates
    November, 2018
    7th-10th Wednesday-Saturday
    Bids + Registered Phone Bidders: 10
    Lot Tracking Activity: N/A
    Page Views: 103

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    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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