Description

    Extraordinarily High Grade October 16, 1786 Georgia

    Georgia October 16, 1786 1s PMG About Uncirculated 50 EPQ. Signed, numbered and issued, this note is in extremely high grade for this late emission, as this very weak paper combined with the extra length of the note virtually assured that most examples became tattered in short order. This is by far the finest example of this denomination that HCAA has handled. PMG has graded only a handful of notes from this issue, with only this One Shilling note and a single Twenty Shilling note reaching the 50 grade, with no examples graded higher. The new Newman book lists these at $3500 in EF with no higher grade listed. That number actually seems surprisingly conservative to us as these are seldom seen in problem-free high grade.

    Estimate: $5,000 - up.

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    Auction Info

    Auction Dates
    June, 2010
    17th-21st Thursday-Monday
    Bids + Registered Phone Bidders: 0
    Lot Tracking Activity: N/A
    Page Views: 125

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