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    New York February 16, 1771 £10 PCGS Apparent Extremely Fine 45. A nicely margined example, this was the largest denomination for the issue. Newman prices this note at $500 in VF. After a suggestion was made in the newspaper, this issue was heavily counterfeited. Only 6000 of these notes were printed. The "NEW YORK" along the left border reads downward rather than upward, as opposed to the rest of the issue, as an anti-counterfeiting device. Hugh Gaine printed this issue on thin laid paper. Theophylact Bache's signature has largely faded, but the signatures of Samuel Verplanck and A. Lott remain bold. A repaired center split was listed as the reason for the apparent grade. Tape is seen on the back of the note at center. An argument could be made that this is a counterfeit. The diagnostics listed in Newman for counterfeits are as follow: the "k" of York tilts to the left, the top of the "s" in pounds rises 30 degrees to the left, and the left ball in the bottom border is not centered under the vertical CCs.

    Auction Info

    Auction Dates
    December, 2009
    22nd Tuesday
    Internet/Mail Bids: 5
    Lot Tracking Activity: N/A
    Page Views: 238

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