Georgia 1775 5 Pounds GA-60. PCGS Very Fine 25 Apparent. . ...

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Extremely Rare Georgia 1775 "Native American with Bow" Five Pounds

Georgia 1775 5 Pounds GA-60. PCGS Very Fine 25 Apparent.
This is one of the rarest Georgia Colonial notes we have cataloged. An intriguing note, which was to be called in "within three Years after "A RECONCILIATION BETWEEN GREAT-BRITAIN AND AMERICA ..." The series is so rare that the Boyd collection had only one example, the Newman-plated 1 shilling 6 pence note (cf. Ford Part III: lot 773) that realized $4,887.50 in May 2004. Of the six denominations authorized, three are unconfirmed and the others are extremely rare. Uniface and with borders composed of type ornaments. The higher-denomination notes were in a larger format, and printed in both red and black. The Native American vignette is similar to that on the 1762 5 shilling note seen in the previous lot. Here, he stands between AMERICA. and Five Pounds. Instead of being depicted in black with white features, this figure is composed of a black outline with some shading and details added in black; individual feathers on his headdress are rendered, and he wears a quiver and holds out a bow. The stance and the position of his arms suggest that he has just shot an arrow. Elisha Butler, Basil Cowpens, and George Walton signed at the left, and William Gibbons and Philip Box signed perpendicularly. Grading notes "Edge and Internal Splits, Tears, and Damage; Hinge Repairs," but the face is bright, with vivid red text. The printing is bold, and embossing is seen on the back. With the exception of the Newman plate note, we are not aware of another example of this type. One of the key Georgia Colonial notes, and one of only two examples known to us.
Ex: Eric P. Newman Numismatic Education Society

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Auction Dates

November, 2018

7th-10th Wednesday-Saturday

Bids + Registered Phone Bidders: 16

Lot Tracking Activity: N/A

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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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