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    Extremely Rare 1786 1 Pound-Newman Plate Note

    State of New York April 18, 1786 1 Pound Fr. NY-224. PCGS Very Fine 30 Apparent.
    All of the late date, Confederation period series from the State of New York are exceedingly rare. The April 18, 1786 series uniface notes printed on laid paper by S. Loudon are no exception. There are several notes known from the ten authorized denominations, but these include counterfeits and at least one raised bill. The size and face style are similar to early small format notes commencing in 1737 notes with Excelsior Arms within fancy border cuts. The imprint is at bottom center. Signed and issued, it is one of 24,000 authorized; but few exist. This is the Newman Plate note, serial number 3766, and illustrated on page 292 of the 5th edition. A solid note, it is well margined all around and has some natural tone. Noted as having "Hinge Repaired Edge Splits; Minor Stains; Small Rust Stains." An impressive rarity and an important plate note.
    Ex: Eric P. Newman Numismatic Education Society

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    Auction Info

    Auction Dates
    October, 2015
    21st-24th Wednesday-Saturday
    Bids + Registered Phone Bidders: 6
    Lot Tracking Activity: N/A
    Page Views: 241

    Buyer's Premium per Lot:
    17.5% of the successful bid (minimum $14) per lot.

    Truth Seeker: The Life of Eric P. Newman (softcover)
    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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