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    The Finest April 18, 1786 New York Note

    State of New York April 18, 1786 10 Shillings Fr. NY-223. PCGS Very Fine 30 Apparent.
    All of the late date series from New York are rare to 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 face style is similar to 1775-1776 notes with Excelsior Arms within fancy border cuts. The imprint is at bottom center. Signed and issued, it is one of 20,000 authorized. The condition is extraordinary, with very well-bodied paper and a bright appearance. The printing is naturally a bit lighter as made at Loudon's shop. The Apparent notations are minor with "Small Edge tear at Top Right of center; Minor Stain at Left." The verso shows a period pen endorsement. This is an unpriced issue in the references, but even "Fair to Good" Boyd notes were realizing $1,000 or more. This is the finest seen by us, and is worth whatever it realizes, as its equal or superior is likely never to reappear.

    Ex: Eric P. Newman Numismatic Education Society.


    View all of [Selections From The Eric. P. Newman Collection, Part VI a. ]

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    Auction Info

    Auction Dates
    April, 2015
    22nd-28th Wednesday-Tuesday
    Bids + Registered Phone Bidders: 8
    Lot Tracking Activity: N/A
    Page Views: 161

    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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