DescriptionNew York March 5 , 1776 (Water Works) 8s PMG Choice Uncirculated 64 EPQ.
These notes were printed on two separate pieces of paper that have been joined together somewhere in the printing process. The face is on a fine light tan paper and the back on a very coarse, fibrous dark brown paper. In this instance, the back paper is shorter than the face paper, so that a strip of the back of the lighter face paper shows at the right end of the back. PMG has given this note an EPQ and commented "Note Unaffected by Issues in Selvage," which seems to be their way of explaining the light color strip. This is one of the better examples we have seen from this issue, with generous margins, good alignment of the face and back, and strong signatures. This 8s note had a printing of half that of the 4 Shilling, and it is far more difficult to acquire in top grade. Only 2500 of these were printed. This one is serial number 729.
Estimate: $850 - up.
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