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    Description

    New York April 15, 1758 £5 PCGS Apparent Very Fine 25.
    The entire April 15, 1758 issue, comprised of only two denominations, is unpriced in Newman. Only half as many £5 notes as £10 examples were printed. The notes have blank dark coarse paper backs. 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. PMG has only graded one example and that one graded five points below this note.


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    Auction Dates
    August, 2010
    11th-16th Wednesday-Monday
    Bids + Registered Phone Bidders: 2
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