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    Very Rare Raised Note

    New York August 25, 1774 (Water Works) 2s (Raised to 8s) PMG Very Fine 20 Net.
    Raising the denomination of notes for ill gotten profit was already being practiced in colonial times. This original 2s note has been physically altered so that it appears to be an 8s note. The most obvious shortcoming is that the borders on genuine 8s notes were red while the 2s note borders were black. Nonetheless this could have easily duped the unwary who were unfamiliar with the design intricacies of the series. The note has clear design features and signatures of Jacob Lefferts and John H. Cruger, with PMG mentioning splits. This is the first example of this alteration that we have offered in one of our public auctions.

    Auction Info

    Auction Dates
    August, 2021
    1st Sunday
    Internet/Mail Bids: 15
    Lot Tracking Activity: N/A
    Page Views: 159

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