Second Finest April 2, 1759 New York NoteColony of New York April 2, 1759 5 Pounds Fr. NY-156. PCGS Very Fine 35 Apparent.
There were 100,000 pounds authorized in three denominations for this issue. The coarse backs, which were prone to split in half quickly, were replaced by thin laid paper only. However, 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. This note has illustrious pedigree, great rarity, and strong condition.
Ex: Eric P. Newman Numismatic Education Society
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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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