Extremely Scarce 1792 Lansingburgh Museum One Penny NoteLansingburgh, NY- Lansingburgh Museum 1 Penny October 20, 1792 Harris 4 PCGS Apparent Very Good 10.
The example in the Ford Collection that had three paper strip repairs and sold for $1,035 in 2007. This is a rare note and displays much wider margins than the Ford piece. According to Newman, "the Lansingburgh Museum was formed in 1775 as a library and educational organization. Small change notes were issued in Lansingburgh with 27 merchants of Rensselaer County pledged to accept them." The notes were printed by Silvester Tiffany and William H. Wands. In addition to his printing business, Tiffany also owned a bookstore in Lansingburgh. These notes have been assigned a rarity rating of R7, 1 to 5 known, in New York State Scrip and Private Issues by Gordon L. Harris. One of only three that we have seen. Splits, tears, repairs, missing corner tip are the reasons for the apparent grade.
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