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    Description

    New York April 2, 1759 £5 PCGS Apparent Extremely Fine 40.
    The Newman example which as an apparent 35 was presented with following abridged write-up. "There were 100,000 pounds authorized in three denominations for this issue. Notes from this issue are usually low grade and rarely appear in this choice condition. In the standard small format with New York arms at the right and border cuts on three sides. Printed by William Weyman. The signature trio of Marston, Reade, and John Morin Scott is sharply penned. The noted 'Small Edge Split at Top Center' is trivial compared with bright and well-printed face. Well margined on all sides. The paper body is strong and original embossing is visible from the back. The Boyd note, Ford Part III: Lot 635, sold for $4,600 in May 2004. It was superior to this note, but not by much. Most likely the second finest known from the issue, and offered for the first time at public auction." That note realized $960, which should be easily eclipsed this evening. The apparent grade was assigned to this note for simple, "minor restorations." They are indeed minor and extremely difficult to find. The note is essentially a flawless XF, something not known to exist for this issue.


    Auction Info

    Auction Dates
    January, 2018
    3rd-9th Wednesday-Tuesday
    Bids + Registered Phone Bidders: 1
    Lot Tracking Activity: N/A
    Page Views: 63

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