Description

    Gem January 1, 1767 $1 Note-America's First Dollar Note

    Maryland January 1, 1767 $1 Fr. MD-44. PCGS Gem New 65PPQ.
    This second denomination from the 1767 series here is a Gem, and another stellar example. The superb border cuts were engraved by Thomas Sparrow and the imprint is Jonas Green. The back has an exceptionally well detailed nature print. The note uses a small "quasi" Spanish Dollar vignette to identify the denomination for the illiterate, and to prevent note denomination raising. In his book, Eric P. Newman discusses this type as the first governmental usage of the dollar denomination on a currency note and the first on American soil. The plate note in Wayte Raymond's 1940 Standard Paper Money is serial No. 11364 (just one number from this note). That note sold in Ford XV, Lot 8141 and later in the Lawrence R. Stack Numismatic Images on American Paper Currencies Sale (Stack's, January 15, 2008) realizing $8,337.50. Well balanced on the naturally textured paper with two wide margins. This is a very historic currency note and a perfect fit into any significant American paper money collection. There are only a few known in this condition, the rest are extremely low grade.

    Ex: Eric P. Newman Numismatic Education Society.


    View all of [Selections From The Eric. P. Newman Collection, Part VI a. ]

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    Auction Info

    Auction Dates
    April, 2015
    22nd-28th Wednesday-Tuesday
    Bids + Registered Phone Bidders: 11
    Lot Tracking Activity: N/A
    Page Views: 339

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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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