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    Description

    New York April 15, 1758 £5 PCGS Apparent Very Fine 25. This issue is unpriced in Newman. There were two denominations printed, with only half as many £5 notes as £10 examples. This issue was authorized in order to raise money for a second expedition to Crown Point in an attempt to drive the French out. As with the first expedition in 1755, the second one was also unsuccessful. However, the French chose to withdraw in 1759, allowing the British control over the area. The Stack's May 2004 sale included an uncirculated example of this denomination which realized a shade over $5000. Although this note is far from that grade, it is certainly visually pleasing. Repaired splits of the center fold were the reason for PCGS's apparent grade.

    Estimate: $1,100 - up.

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    Auction Info

    Auction Dates
    January, 2010
    12th Tuesday
    Internet/Mail Bids: 0
    Lot Tracking Activity: N/A
    Page Views: 260

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