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    Description

    Albany, NY- Albany February 17, 1776 Personal Promissory Note $1/8 (1s) Repaired Very Fine.
    A boldly printed, well margined piece, this was part of the second issue of Personal Promissory Notes issued by means of a resolve by the Committee of the City and County of Albany. Five different denominations were issued, with examples of four out of those five being offered here tonight. Newman lists a total of four authorized signers for the issue. Two signatures are observed on each piece. Two tape repairs are seen on the back of this $1/8 note, with one repair reinforcing a center split and the other applied to an edge split. This example is the plate note on page 287 of the fifth edition of Newman's The Early Paper Money of America. A scarce denomination that was absent from even the large DuPont collection of small change notes, with this being the only example we are aware of.
    From The Collection of a Patriotic American


    Estimate: $1,000 - up.

    View all of [The Collection of a Patriotic American ]

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    Auction Info

    Auction Dates
    August, 2010
    11th-16th Wednesday-Monday
    Bids + Registered Phone Bidders: 0
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