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    Description

    New Jersey March 25, 1776 1s PCGS New 62.
    First enacted in 1768, the Crown rejected this legislation several times until finally conditional approval was received on February 20, 1775. When the Revolution began, these conditions were considered void and notes were finally issued. £100,000 in Bills of Credit was authorized. The bills attained legal tender status by the Act of September 20, 1776 and were to be called in by January 1, 1780. Notes were printed by Isaac Collins. 81,250 1s notes with plate letters A-C were printed for this large emission. This plate letter C note is well printed with bold signatures of Robert Smith, Johnston, and Smyth. Its tight margins hold it back from an even higher grade.
    From the Colonial Valley Collection, Part II


    Estimate: $250 - up.

    Auction Info

    Proxy Bidding Ends
    June
    27th Sunday 5:50 pm CT
    Auction Dates
    June
    27th Sunday
    Proxy Bidding Time Remaining
    4 Days 19h 46m 42s
    Internet/Mail Bids: 4
    Lot Tracking Activity: 4
    Page Views: 38

    Buyer's Premium per Lot:
    20% of the successful bid (minimum $19) per lot.

    This lot is in: 1 - The Colonial Valley Collection Part II Session
    (Lots 96001-96366) - 6:00 PM Central Time, Sunday, June 27, 2021.
    (Proxy bidding ends ten minutes prior to the session start time. Live Proxy bidding on Heritage Live starts 7 days before the live session begins and continues through the session.)

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    Additional Location Info:
    Heritage Auctions
    2801 W. Airport Freeway
    Dallas, TX 75261



    Current Bid:
    $8
    Bid Protection
    w/ Buyer's Premium (BP) : $27.00 Minimum Next Bid: $9 ($28.00 w/ BP)
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