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    Georgia June 8, 1777 $5 PMG Very Fine 20. This is the variety with the red "in" in the fourth line of the text. Years ago, it was thought that all of the very-low-number notes were with the black "in." The black "in" was given up on very early as it caused registration problems. All the black "in" notes are low serial numbers, and they were without a doubt printed first. There are, however, many very-low-number notes with the red "in." This is one of those. It is serial number 82, which is certainly not an indication that less than 82 black "in" notes were produced. We simply lack information to draw any definitive conclusion about low numbers and how they relate to when the change was made from the black "in" to the red "in." The note is a gorgeous VF, with a strong blue seal and five perfect signatures. PMG has noted tears, and there are a few, but they are totally insignificant. This note lists at $3000 in VF in Newman, which is very strong but not unrealistic.
    From The Midnight Ride Collection

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    Auction Info

    Auction Dates
    September, 2009
    9th-13th Wednesday-Sunday
    Bids + Registered Phone Bidders: 1
    Lot Tracking Activity: N/A
    Page Views: 353

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