DescriptionGeorgia October 16, 1786 5s PCGS Apparent About New 50.
In spite of having auctioned over thirty 20s examples from this issue, we have never before auctioned another 5s note from the Georgia 1786 emission. Surprisingly, both Friedberg and Newman assign a comparable rarity to both denominations. This note is numbered, signed, and very high grade. PCGS has assigned the Apparent grade for "Piece Replaced at Left; Design Redrawn; Minor Mounting Remnants on Back." The replaced piece and redrawn design have resulted from the careful repair of a small hole. The mounting remnants are invisible to us. A difficult note to estimate, but we would expect a realization in excess of...
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