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    Maryland January 1, 1767 $1/6 PMG Extremely Fine 40 EPQ. An extremely rare note, particularly in this grade. It's the first example that PMG has graded, and only the third that Heritage has handled. Both of the others were lower grade problem notes. PMG has only graded seventeen notes from this issue, and this is the only one they have graded of the three lowest denominations. According to Newman, this January 1, 1767 Maryland Issue, "...constituted the earliest governmental use of the 'Dollar' as an official unit of monetary value in the world." This issue was retired on June 1, 1780 and became invalid as currency after that date, accounting in large part for their rarity today. It's interesting to note that of the seventeen notes from this issue that PMG has graded, only this and one other note have graded higher than Fine 15. The $900 price for the VF column (which is the highest column) in the new Newman should prove about accurate for this lovely XF.
    From The Midnight Ride Collection

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    Auction Info

    Auction Dates
    September, 2009
    9th-13th Wednesday-Sunday
    Bids + Registered Phone Bidders: 6
    Lot Tracking Activity: N/A
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