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    Historic and Likely Unique 1750 Massachusetts $1/8 Note

    Lawful Money of Massachusetts-Bay 1750 $1/8 or Nine Pence Fr. MA-138. PCGS Very Fine 35 Apparent.
    This fascinating and distinctive note, one of three denominations known to us from the entire series, is likely unique. It is a historic issue since it was the final enactment from Massachusetts before a 25-year note-issuing hiatus ushered in by the British Parliament's restrictions on North American paper money issuance. The great rarity of 1750 Massachusetts change notes leads to the conclusion that most of them were redeemed. The small, horizontal format contains magnificent engraving details. Beautiful scrollwork creates a cartouche for the denomination, issuer, and date. Signed by Bordman and Watts. At the lower left is The Garter Seal (the style similar to late George III coinage). A pine tree seal with the motto RESTITUIT REM (The situation has been restored) is at the lower right. The scales of Justice are at top center, and a codfish is at bottom center. This is an interesting blend of Massachusetts and Royal emblems. Bright and full size. The paper is strong and exhibits embossing to its blank back. Noted with "Small Edge Splits; Pinholes." An outstanding rarity and the first example from the 1750 issue offered at auction since the Boyd collection pair at Ford Part III in May 2004. Only Boyd's $1/16 note is superior, and it realized $13,800 at that sale. Cataloged at auction for the first time, this note combines extraordinary rarity, beauty, and pedigree.
    Ex: Eric P. Newman Numismatic Education Society

    Auction Info

    Auction Dates
    November, 2017
    1st-2nd Wednesday-Thursday
    Bids + Registered Phone Bidders: 14
    Lot Tracking Activity: N/A
    Page Views: 366

    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.
    Sold on Nov 2, 2017 for: Sign-in or Join (free & quick)
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