Stunning Superb Gem 67PPQ Water Works NoteNew York Water Works August 2, 1775 8 Shillings Fr. NY-175. PCGS Superb Gem New 67PPQ.
An amazingly premium condition example from the second series of Water Works notes printed by Hugh Gaine. Cuts were engraved by Elisha Gallaudet. The face bordering and denomination are printed in red. The thick back has a distinctive vignette and Gaine's imprint. Top and bottom margins are exceptional, and the ends are wide. Riveting red color and deep embossing make this note stand out. This is serial no. 2900. We sold serial no. 2899 from the Boyd Collection, graded PCGS Gem New 65PPQ, for $763.75 in January 2013. Illustrated on page 50 of the color plates in the Newman reference, this note outshines the Boyd example and is the finest we have seen.
Ex: Eric P. Newman Numismatic Education Society
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A powerful and intimidating dealer of the 1960s, backed by important colleagues, was accused of selling fraudulent gold coins and ingots to unsuspecting numismatists. Who would go up against a man like that and, over the course of decades, prove the fraud? Who would expose a widely respected scholar as a thief, then doggedly pursue recovery of coins that the scholar had stolen from an embarrassed numismatic organization, all over the objections of influential collectors who had bought coins with clouded titles? Eric P. Newman would - and did. Reserve your copy today.
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