Choice and Rare October 17, 1780 $1/5 Note

    State of Maryland October 17, 1780 Small Denomination Act $1/5 Fr. MD-126. PCGS Very Fine 35 Apparent.
    This is from a rare and distinctive series of small denomination fractional notes printed by Frederick Green, similar in style to the "Black Money" notes, but in a smaller format. The four denominations authorized are generally low grade when encountered. Boyd had two damaged notes and two that should be classified as Fine or in that range. This is the highest denomination of the four and is a choice, full note. It is believed to be High Rarity 7 (4-6 known). Noted only with "Small Edge Tears at Right; Minor Mounting Remnants on Back." This is a lovely example that faces up bright and bold. There are few known that are superior.
    Ex: Eric P. Newman Numismatic Education Society

    Estimate: $2,500 - $5,000.

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    Bidding Begins Approx.
    13th Friday
    Auction Dates
    1st-3rd Wednesday-Friday
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    16 Days
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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.