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    Description

    Extremely Rare New Windsor Penny Note

    New Windsor, (New York) - Isaac Schultz "pay the Bearer on demand" June 1, 1791 1 Penny Newman page 309, Harris H4 PCGS Apparent Very Fine 30.
    Most of the private small change notes from this early American Federal period are very rare. The U.S. Mint had not opened and begun minting coins leaving commerce to deal with a plethora of coppers from Colonies, the Confederation, and foreign lands. This diminutive square-format note is extremely rare and the only one we have cataloged. Printed on laid paper on both sides, but without an imprint. The face has ornamental bordering enclosing the obligation and the printed name of Isaac Schultz. The back has a fancy ornamental cartouche enclosing "One Penny." The countersignature of Schultz at the base makes this fully issued. Noted only with a "Small Edge Split at Left." An important note that we originally sold in the Newman Collection Internet Part 2 sale.


    Auction Info

    Auction Dates
    January, 2020
    8th-14th Wednesday-Tuesday
    Bids + Registered Phone Bidders: 3
    Lot Tracking Activity: N/A
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