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    Description

    Rare and Distinctive Counterfeit "Fugio" $2/3 Note

    Continental Currency. February 17, 1776 $2/3 Newman 2.1 Contemporary Counterfeit Fr. CC-22CF. PCGS Very Fine 25.
    Fugio note counterfeits are rarely offered, and this is a pleasing example. No. [illegible]. Plate B. Printed on thick paper, which approximates the thickness of genuine notes well. The Newman plate note, illustrated on page 464 in the appendix. Note that Newman 1.1 of this issue is rated SENC (Surviving Example[s] Not Confirmed). It was reported in 1777 by James Read of Reading, Pennsylvania. It is possible that the plate used for N.1.1 was modified to plate letter B, resulting in this variety.

    Diagnostics:

    Newman 2.1: Crudely Engraved.

    On the face: Plate B. Under the serial number, the comma is missing after TWO THIRDS OF A DOLLAR. In the text, the base of G in CONGRESS is very low. The baseline of February is wavy. Below the signature, the top of the O in Dollar is open so as to appear misspelled as Dullar.

    On the back: The lowercase d and the capital S are too close in and SELLERS rather than evenly spaced.

    A bright and attractive example. The crude nature of the diagnostics stand out and make this a visually interesting type. We have handled only two examples prior to this: one in 2005 and the other at our 2010 ANA sale. The latter example, graded PCGS Very Fine 35, realized $1,725. An important opportunity to obtain a rare type and a Newman plate note.
    Ex: Eric P. Newman Numismatic Education Society


    Auction Info

    Auction Dates
    November, 2018
    7th-10th Wednesday-Saturday
    Bids + Registered Phone Bidders: 16
    Lot Tracking Activity: N/A
    Page Views: 199

    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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