Description

    Rare and Colorful May 10, 1781 "Red Money" Note

    State of Maryland May 10, 1781 1 Shilling 6 Pence Fr. MD-128. PCGS Very Fine 30 Apparent.
    This is a very striking series of notes printed by Frederick Green with red face border cuts and a red Maryland Arms on the back. The notes were payable in specie per the obligation at a rate of 7 Shillings 6 Pence per dollar (making this in effect a $1/5 note). The colors and overall style make this popular with collectors. A bold example for the grade, with the arms on the back quite vibrant. The margins for the type are average. Apparent and noted with "Small Edge Splits and Repairs; Minor Stains; Small Mounting Remnants on Back." Some of the issues mentioned are minor and the eye-appeal is still considerable. The Boyd collection note had severe face stains on a "Fine" note and sold for $2,990 as Lot 8181 in Ford Part XV. An excellent type note candidate with the strong colors and excellent printing.

    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: 7
    Lot Tracking Activity: N/A
    Page Views: 124

    Buyer's Premium per Lot:
    17.5% of the successful bid (minimum $14) 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.
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