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    Description

    New York April 18, 1786 5s PCGS Apparent Very Fine 20.
    We have only handled about a half dozen notes from this issue, all of which are rather low grade. This one has been graded VF 20 Apparent by PCGS for "Splits, Stains, Partially Backed." The backing is a wide piece of paper tape reinforcing the center split. The stains are fairly minimal as are the splits. The vignette is excellent and untouched by any of the problems and virtually every letter of the text is 100% legible. The two signatures are strong and for an issue as rare as this, this is a very nice representative example. The note was sold by us two years ago this month and has now returned rather quickly to the market. Really rare issues without much eye appeal simply don't get the attention they deserve. This note slips into that slot. From rarity alone, it should be worth multiples of our thousand dollar estimate, but we suspect we will be within a few hundred dollars one way or the other of correct.


    Auction Info

    Auction Dates
    January, 2020
    8th-14th Wednesday-Tuesday
    Bids + Registered Phone Bidders: 4
    Lot Tracking Activity: N/A
    Page Views: 71

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